Indian equities staged a strong rebound in April after months of decline. Benchmark and broader indices posted their best gains in years, led by midcaps and smallcaps, while sectoral indices like defence and realty outperformed. Banks and IT saw moderate recovery.
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