Local funds’ share rises in private credit market: EY report
Private credit investments were broadly similar to the second half of 2025 levels of $3.4 billion, with refinancing, holding-company funding and acquisition financing serving as key drivers of activity. “The growing share of domestic capital is one of the most significant developments in India’s private credit market,” Vishal Bansal, partner, debt and special situations, EY […]
Govt reappoints Anand Mahindra to RBI board, names former Isro chief S Somanath as non-official director
Anand Mahindra has been reappointed to the Reserve Bank of India’s central board. Former ISRO Chairman S Somanath also joins the board for a four-year term. Their appointments are effective from August 20, 2026, according to the RBI. Mahindra’s reappointment ensures continuity and brings diverse business experience. Somanath’s technological expertise will aid the central bank’s […]
FPIs turn bullish on financials, autos and IT in first half of August
Overseas investors showed strong buying in early August, marking four consecutive fortnights of inflows. Financial services and automobiles attracted the highest foreign investment during this period. Broader markets demonstrated resilience, with investors favoring mid-cap names within key sectors. Foreign investors net bought shares worth ₹16,621 crore across sectors during August 1-15. This trend signals a […]