Rajesh Exports Chairman Rajesh Mehta has publicly contested SEBI's interim order alleging Rs 15.15 lakh crore revenue misrepresentation across FY21-FY25 through overseas subsidiaries and fund diversion. The regulator flagged Rs 12,726 crore shareholder wealth erosion. A detailed rebuttal is promised, with LIC and Canara Bank exposures in focus.

NDTV Profit · 6/4/2026, 7:05:51 AM

NPCI's BHIM app surged from 5.93 crore monthly transactions in April 2025 to 21.6 crore by March 2026, lifting UPI market share to 1%. Cashbacks, user trust, and white-label bank partnerships drove the rebound, with feature-phone expansion next on the roadmap.

ET Small Business · 5/20/2026, 4:03:22 PM

Canara Bank lifts MCLR by 5 basis points across all tenors effective 12 May 2026, with 1-year moving to 8.75% from 8.70%. Floating-rate home, auto and personal loan EMIs will rise at next reset. Bank of Baroda keeps its 1-year MCLR unchanged at 8.70%, holding the line for existing borrowers.

Mint · Money · 5/14/2026, 1:15:38 AM

Effective 12 May, Canara Bank raised MCLR by 5 bps across all tenors, taking the retail-linked one-year rate to 8.75% from 8.70%. Floating-rate home, auto and personal loan EMIs will reset higher; fixed-rate loans and deposits are unaffected.

Mint · Money · 5/14/2026, 1:12:47 AM

Titan slid 7% to Rs 4,200 and IndiGo fell 5% to Rs 4,309 after PM Modi urged citizens to defer gold purchases and non-essential foreign travel for a year. Tata Consumer bucked the trend, rising 8% on Q4 PAT up 21% to Rs 419 cr and revenue up 18% to Rs 5,438 cr. Nifty closed 1.49% lower.

ET Markets · 5/13/2026, 10:32:53 PM