India’s JSW Cement filed draft papers for an initial public offering worth up to 40 billion rupees ($476.7 million) on Friday, aiming to cash in on the country’s booming stock market and strong demand for the building material.
NBFCs account for nearly half of small loans while delinquencies stay low
Non-banking finance companies accounted for nearly half of new-to-credit loans below Rs 2 lakh as of June 2026. Their retail delinquency rate remained lower than