Jefferies downgraded Indus Towers to underperform, cutting its target amid contract renewal risks, rising capex, and competitive pressures. Potential tenant discounts, lower renewals, and high maintenance costs may weaken revenues, earnings growth, and limit dividend payouts over the medium term.
Share of new-to-credit customers rises to 50% in June 2026 from 24% in June 2016: TransUnion CIBIL-FIDC report
NBFCs now account for half of India’s new-to-credit (NTC) borrowers, up from 24% in 2016, according to a TransUnion CIBIL-FIDC report covering about 2,000 NBFCs.