Atlanta Electricals has introduced its Rs 687 crore IPO. The IPO opened on September 22 and will close on September 24. The price band is Rs 718–754 per share. Grey market activity indicates positive listing expectations. The company will use fresh issue proceeds for debt repayment and working capital. Public sector undertakings contribute significantly to its order book.
Bank Lending to NBFCs Rises 26%, Fastest in FY26
In the previous fiscal year, bank lending to Non-Banking Finance Companies (NBFCs) witnessed an impressive 26 percent increase, fueled by the Reserve Bank of India’s