Financial News
Source: Leading Newspapers
Compiled by RUDRA SHARES
Vande Mataram
Wednesday, 17 December 2025

*BANKING, FINANCIAL SERVICES & INSURANCE (BFSI)*
• Kotak Mahindra Bank revamps its microfinance strategy, reducing JLG exposure amid cyclical stress.
• Govt plans a credit guarantee scheme to ease stress in microfinance institutions.
• Rupee likely to depreciate further but there is no need to panic, says Axis Bank’s chief economist.
• Lok Sabha passes the insurance bill raising FDI limit to 100%; rural jobs bill tabled.
• Mutual funds remain cautious in November; private banks and NBFCs emerge as top picks.
• PB Fintech shares decline as the insurance bill proposes a cap on agent commissions.
• FIIs remain net sellers of Indian equities worth Rs 2,382 crore, while DIIs are net buyers at Rs 1,077 crore.
• Govt reappoints Ashwini Tewari as SBI managing director till December 2027.
• BFSI expected to lead earnings growth next year on likely credit uptick, says Poonam Tandon.
• Indigo crisis deepens as a PIL is filed in the Delhi High Court seeking directions on passenger compensation.

**CAPITAL MARKETS, IPOs & INVESTMENTS**
• NSE turnover slips to a two-year low as investors weigh uncertain returns.
• ICICI Prudential AMC IPO Day 3 sees 39x subscription as QIB and NII demand surges.
• KSH International IPO subscribed 15% on Day 1; GMP remains flat.
• Upcoming IPO: Gujarat Kidney sets price band at Rs 108–114 per share for its Rs 251 crore issue.
• Exim Routes IPO subscribed over 14 times; Ashwini Container Movers and Stanbik Agro issues sail through on the final day.
• Equity flows, IPO supply and valuations dominate fund managers’ risk-opportunity discussions.
• Markets recover faster than investor confidence, says Kotak’s Nilesh Shah, highlighting the gap between returns and sentiment.

**CORPORATE STRATEGY & BUSINESS DEVELOPMENTS**
• Reliance Industries eyes a Jio-style disruption in genomics with sub-Rs 1,000 tests.
• RIL also targets disruption in genomics and specialised healthcare.
• Britannia plans to move towards a non-hierarchical work culture, says the new MD.
• Saregama India to invest Rs 325 crore in Bhansali Productions to strengthen its business.
• Ola Electric founder sells personal shares to repay a Rs 260 crore promoter loan.

**INFRASTRUCTURE, ENERGY & INDUSTRIALS**
• Govt notifies a Rs 7,280 crore scheme to manufacture rare earth magnets in India.
• Tata Power to finalise its Rs 6,500 crore wafer-ingot project by January, says the CEO.
• BL Kashyap shares gain after winning a Rs 616 crore order from Sattva CKC.

**AUTOMOBILES & CONSUMER DURABLES**
• Win Diesel: M&M now sells half of its cars in India using the fuel.
• Kia announces year-end benefits of up to Rs 3.65 lakh on Seltos, Sonet, Syros, Carens Clavis and Carnival.

**TECH, STARTUPS & DIGITAL ECONOMY**
• Zepto is reportedly planning to file for a $500 million India IPO next week.
• Meesho shares rally 74% from IPO price in five sessions, adding Rs 14,000 crore to market capitalisation.
• American banking major JP Morgan to set up Asia’s largest GCC in India.

**GOVERNMENT, POLICY & REGULATION**
• Sebi alleges insider trading in Adani’s open offer for NDTV.
• Centre plans to sell up to a 3% stake in Indian Overseas Bank to raise around Rs 2,100 crore.
• NCLT Mumbai approves the demerger of Vedanta into five separate entities.

Jai Hind
Rudra Hai to Mudra Hai
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