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Syngene International appoints Siddharth Mittal as MD & CEO
Syngene International announced that Siddharth Mittal has assumed charge as the company's managing director (MD) and chief executive officer (CEO) with effect from 1 July 2026.
CSM Technologies shares to list today. Check GMP ahead of debut
The public issue, which was open for subscription between June 24 and June 29, was subscribed 1.37 times overall. The retail investor portion was booked 1.63 times, while the qualified institutional buyers (QIB) category saw 1.02 times subscription and the non-institutional investor (NII) segment was subscribed 1.54 times. The employee quota was subscribed 1.82 times.
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 2 July 2026 - livemint.com
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today - 2 July 2026livemint.com
Corporate loan demand outpaces retail credit as firms shift from bonds to banks
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly strong bank credit growth.
Corporate loans outpace retail
Corporate sector borrowing from banks is accelerating past individual loans, driven by companies seeking cost savings as corporate bond yields climb. Recent RBI rate cuts have made bank loans more appealing. Analysts anticipate this trend to continue, supported by improved liquidity, though a shift back to debt markets is possible. Small businesses are seeing particularly strong bank credit growth.
Gold, silver prices today: Comex gains as softer US jobs data, Warsh remarks ease Fed hike bets
Gold and silver prices rose on July 1 after a poor quarterly performance, aided by easing fears of a US rate hike and a weaker dollar. Despite recent volatility, markets are pricing a 65% chance of a September rate hike as employment data falls short of expectations.
Govt Upgrades Rice Quality For 80 Crore Free Food Grain Scheme Beneficiaries
The government said the reform is part of a broader effort to transform the public distribution system (PDS).
Canara Bank, Indian Bank credit growth outpaces deposits
Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are expanding at a quicker pace than customer deposits. Canara Bank saw its advances surge by 18%, while Indian Bank reported a 13.9% rise in credit. This robust credit expansion, particularly in retail, agriculture, and MSME sectors, signals a dynamic lending environment for these financial institutions.
Canara Bank, Indian Bank credit growth outpaces deposits
Leading public sector banks, including Canara Bank and Indian Bank, are experiencing a sustained trend where their loan disbursements are expanding at a quicker pace than customer deposits. Canara Bank saw its advances surge by 18%, while Indian Bank reported a 13.9% rise in credit. This robust credit expansion, particularly in retail, agriculture, and MSME sectors, signals a dynamic lending environment for these financial institutions.
Rupee posts biggest one-day fall in over three weeks amid stronger dollar
The rupee weakened 59 paise against the US dollar as broad dollar strength, weaker Asian currencies, importer demand and foreign portfolio outflows weighed on sentiment
SBI boosts AI-powered banking with new digital journeys for retail, corporate customers
The announcements span SBI's YONO platform, introducing new customer journeys, AI-driven capabilities and industry-first features that simplify banking, empower businesses and promote financial and sustainability wellness, the bank said in a statement.
V2 Retail Q1 revenue jumps 58%; adds 57 stores
V2 Retail Q1 FY27 standalone revenue rose 58 percent to 997 crore, SSSG up 7.5 percent, 57 new stores opened, network at 381 stores, shares gained over 5 percent