Tag
Financials
10 articles
Corporate actions and regulatory filings are shaping the Indian financial landscape. Several companies are adjusting shareholding structures, with promoters of Enbee Trade reducing their stakes through open market sales, while Mrs. Nirmal Jain of Moongipa Capital Finance increased her holdings. Additionally, the President of India, as promoter of IRFC, completed a significant offer for sale, reducing its stake and raising substantial capital. These movements, alongside routine disclosures regarding employee stock options at HDFC Bank and Mufin Green Finance, and analyst meetings at Federal Bank, highlight ongoing shifts in ownership and governance within the sector.
Rupee Slides 0.39%; Brent Over $100
Indian equity markets were closed on Friday, October 2, 2026, for the Gandhi Jayanti holiday, halting Nifty and Sensex trading.
The USD/INR rose to 96.489, a 0.39% increase, adding pressure on dollar‑
CSB Bank Q2 Deposits Up 18%, Gold Advances Surge 36%
CSB Bank reports provisional Q2 FY2027 business updates showing 18% YoY deposit growth to ₹46,889 crore.
Gold-backed advances surged 36% YoY to ₹22,301 crore, while gross advances grew 22% to ₹42,373
RBI Plans ₹3.61 Lakh Cr State Borrowings
RBI released an indicative calendar for state and UT market borrowings for October‑December 2026, total expected ₹3,60,820 crore.
The Benchmark Issuance Strategy, launched in Q1 FY 2026‑27, now covers
South Indian Bank Q2 Advances Grow 18.67% YoY
South Indian Bank reports provisional Q2 FY2027 business updates with gross advances reaching ₹109,519 crore, up 18.67% YoY.
Total deposits grew 18.70% YoY to ₹137,258 crore while CASA ratio remained
Tamilnad Mercantile Bank Q2 Business Up 27% YoY
TMB discloses provisional Q2 FY2027 business figures showing 27.27% YoY growth in total business to ₹1,30,261 crore.
Total advances grew 29.37% YoY to ₹60,715 crore while deposits increased 25.49% YoY
Awfis Secures INR 800 Million IDFC FIRST Bank Facilities
Awfis Space Solutions executed loan agreements with IDFC FIRST Bank for INR 800 million on September 29, 2026.
Facilities comprise a INR 50 million overdraft for working capital and a INR 750 million
Enbee Trade Promoter Sells 0.43% Stake
Enbee Trade and Finance Limited discloses promoter Amar Narendra Galla's sale of 39 lakh shares via open market transaction.
The transaction, executed on September 8, 2026, reduces promoter holding fr
Enbee Trade Promoter Sells 0.15% Stake
• Enbee Trade promoter Amarr Narendra Galla sold 1,014,910 shares via open market on August 31, 2026.
• The sale reduced the promoter's total holding from 4.90% to 4.75% of the company's voting capita
Moongipa Capital Finance Promoter Acquires 24,797 Shares
Mrs. Nirmal Jain, a Promoter Group member, acquired 24,797 equity shares of Moongipa Capital Finance via open market purchase on August 25, 2026.
The transaction was executed at ₹18.00 per share for a
Moongipa Promoter Nirmal Jain Acquires 46,000 Shares
Moongipa Capital Finance promoter Nirmal Jain acquired 46,000 equity shares via open market purchases on BSE.
The acquisitions occurred over two days: 8,743 shares at ₹16.21 and 37,257 shares at ₹17.4