FICCI has appealed to the RBI to maintain the current co-lending rules, which allow NBFCs to originate loans and then sell a significant portion to banks. They argue that the proposed shift to a joint lending model, requiring simultaneous disbursal, would disrupt credit access and force NBFCs to reduce operations, potentially leading to job losses.
Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while
October 30, 2026