Finance

Shriram Finance Ltd. has secured USD 76 million in co-financing, reinforcing its capital structure and expanding its lending capacity across priority segments of India’s credit market. The transaction, equivalent to roughly Rs. 630 crore depending on exchange rates, underscores sustained investor confidence in the country’s non-banking financial sector. The funding is expected to support vehicle finance, MSME credit and rural lending portfolios—areas central to consumption and employment growth.

IIFL Home Finance has secured a USD 300 million loan from the Asian Development Bank (ADB) to strengthen its affordable housing portfolio in India. The funding is expected to enhance liquidity, expand credit access to economically weaker and low-income segments, and support sustainable housing initiatives. As urbanization intensifies and housing demand rises across tier-II and tier-III cities, long-term institutional funding plays a critical role in bridging financing gaps.

IDFC Bank has returned Rs 583 crore to the Haryana government, a move reflecting robust fiscal management and regulatory compliance. The repayment, tied to prior financial arrangements, underscores the bank’s commitment to maintaining transparent government relations while optimizing its capital deployment. Analysts note that such transactions enhance investor confidence and strengthen public-private financial partnerships.

Ashok Leyland has entered into a strategic partnership with Rajasthan Gramin Bank to strengthen financing access for commercial vehicle buyers in rural and semi-urban markets. The collaboration aims to provide streamlined credit solutions tailored to small transport operators and entrepreneurs, enhancing vehicle penetration in underserved regions. The initiative reflects a broader push to stimulate rural mobility infrastructure while supporting micro and small enterprises.

The Reserve Bank of India has approved Bain Capital’s proposal to acquire a significant stake in Manappuram Finance, marking a pivotal moment for one of India’s leading non-banking financial companies. The regulatory clearance paves the way for fresh capital infusion, potential governance realignment, and enhanced strategic flexibility. Market participants view the transaction as a signal of renewed private equity interest in India’s shadow banking sector, particularly in gold-backed lending and microfinance.

India’s central bank has increased the permissible financing limit for acquisitions to 75%, a move that is expected to reshape deal-making dynamics across sectors. By expanding the share of transaction value that banks and financial institutions can fund, the Reserve Bank of India aims to stimulate corporate restructuring, strategic consolidation and capital formation. The policy adjustment comes at a time when Indian companies are pursuing scale through mergers and leveraged buyouts.

Purple Finance has announced plans to raise Rs 69 Cr through the issuance of equity warrants, signaling a strategic push to strengthen its capital base and support future growth initiatives. The proposed fundraising, subject to shareholder and regulatory approvals, is expected to enhance the company’s balance sheet flexibility and fund expansion across lending and financial services operations. The move comes at a time when non-banking financial companies are recalibrating capital structures to meet rising credit demand and evolving regulatory requirements.

Aye Finance, a leading Indian digital lending platform focused on micro, small, and medium enterprises (MSMEs), is set to launch its initial public offering (IPO) on February 9. The company plans to leverage the IPO proceeds to expand its lending portfolio, enhance technology infrastructure, and strengthen its risk management capabilities. With the Indian MSME credit market growing rapidly, Aye Finance offers investors an opportunity to participate in a high-growth fintech segment.

Cash withdrawals from automated teller machines declined significantly in 2025, reflecting a broader structural shift toward digital payments and electronic financial transactions. The trend highlights changing consumer behavior, driven by widespread smartphone adoption, real-time payment systems and expanding fintech ecosystems. Financial institutions are adapting by optimizing ATM networks while investing more heavily in digital infrastructure. The decline does not signal the disappearance of cash but underscores its reduced dominance in urban and semi-urban economies.

The launch of StockFin 2.0, an upgraded mobile investing platform, marks a significant step forward in India’s rapidly evolving fintech landscape. Designed to simplify market participation for retail investors, the new version introduces enhanced analytics, improved user experience and broader access to diversified financial instruments. With digital adoption rising across urban and semi-urban regions, the platform aims to bridge knowledge gaps and encourage disciplined investing habits.