India’s vehicle-finance market is expanding rapidly, supported by rising vehicle ownership, improving access to formal credit and growing demand for both new and pre-owned vehicles. However, the latest credit data also highlights an emerging concern.
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The Indian rupee gained 17 paise against the US dollar in early trade on Thursday, August 20, as a weaker greenback and softer US long-term bond yields provided some relief to the domestic currency.
HDFC Bank is once again preparing to tap the international debt market, targeting an overseas dollar bond raise of at least $1 billion as Indian banks race to complete foreign-currency fundraising before a special Reserve Bank of India (RBI).
Indian equity markets staged a strong rebound on Thursday, August 20, as benchmark indices recovered from a seven-session losing streak, supported by gains in IT, private banking and realty stocks.
India’s vehicle-finance market is witnessing a structural shift, with credit demand spreading beyond traditional urban centres and borrowers increasingly opting for higher-value vehicles.
Public sector banks (PSBs), which have been among the strongest performers in the Indian equity market since the September 2024 market peak, could face a more challenging environment in FY27.
With the subscription period for Lalithaa Jewellery Mart and Horizon Industrial Parks coming to an end on August 19, investors are comparing two very different business models before making their final IPO decisions.
Pakistan has extended its airspace ban on Indian aircraft until September 24, prolonging aviation restrictions that have remained in place since the deterioration in India-Pakistan relations following the Pahalgam terrorist attack in April 2025.