NSE’s closing auction sees Rs 39,718 crore rush on first index rebalancing day

The National Stock Exchange faced an exciting challenge on Monday as its closing auction mechanism tested its mettle. Investors were actively reshaping their portfolios ahead of index changes, leading to impressive trading volumes. Now celebrating its first month, the mechanism has confirmed its role in enhancing transparency and fairness in the closing price process, proving…

Bank credit growth nearly doubles to 19.1% in July as lending picks up across sectors

The month of July 2026 witnessed a remarkable surge in non-food bank credit. Lending to various sectors, particularly services, industry, and agriculture, experienced significant growth. In particular, the growth in services credit was more than double that of the previous year, while industry lending also showed notable improvements. Additionally, personal loans peaked with impressive overall…