Public sector banks have revealed a corporate loan pipeline of approximately ₹7.8 lakh crore signaling increased credit demand. Companies are stepping up their investment, particularly in sectors like renewable energy and semiconductor manufacturing. Banks report varied corporate credit growth, with some institutions witnessing over 50% increase year-on-year. Mid-sized and large companies are leading the way in capital expenditure, while smaller suppliers are also finding opportunities.
IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumors
IIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company’s promoters may subscribe to warrants to limit dilution. Fairfax Financial