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Credit Saison India is accelerating a shift toward secured lending as it expands its MSME franchise in smaller cities and towns. The company said it expects secured loans to account for 30% of its portfolio by the end of the current fiscal year, up from a lower base, while its overall loan book stands at about Rs 25,000 crore.
Credit Saison India is accelerating a strategic shift toward secured lending as it expands its MSME franchise across Tier 2 and Tier 3 markets. The company expects secured loans to account for 30% of its portfolio by the end of FY27, up from a smaller current share, as it builds out branches and broadens its geographic reach.
The Reserve Bank of India on Friday released its money supply data for the fortnight ended September 15, 2026, a routine but closely watched indicator of liquidity conditions in the financial system. The release, issued through the central bank's communications office, comes as investors, lenders and policymakers continue to track monetary trends for clues on credit demand, inflation pressures and broader economic momentum.
The Reserve Bank of India's latest weekly statistical supplement shows a modest weekly decline in foreign exchange reserves, even as India's banking system continued to expand credit and deposits at a healthy pace. The figures point to a financial system still growing steadily, with reserve movements reflecting market valuation shifts and external asset changes rather than a sharp stress signal.
Indian enforcement authorities have issued a release order for Rashesh Purohit, identified as a defaulter in the recovery proceedings linked to TV Vision Limited under Certificate No. 7475 of 2023. The order, dated September 24, 2026, signals a procedural development in an ongoing enforcement matter that has drawn attention in India's corporate recovery and compliance landscape.
The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.
India's enforcement authorities have cancelled Recovery Certificate No. 7449 of 2023, dated December 8, 2023, that had been issued against Rashesh Purohit, identified as a defaulter in the matter of TV Vision Limited. The cancellation, published on September 24, 2026, marks a significant procedural development in the long-running recovery proceedings tied to the company.
India's financial and external sectors continue to benefit from a resilient domestic economy, even as geopolitical tensions, weather disruptions and firmer global bond yields weigh on the outlook, the Reserve Bank of India said in its latest bulletin. The central bank's assessment pointed to strong GDP growth, healthy foreign exchange reserves, steady credit momentum and moderate current account pressures, while warning that rising crude oil prices and food inflation could complicate the inflation path ahead.
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