*Financial News* 
Source: Leading Newspapers
 *Compiled by: Rudra Shares* 
Vande Mataram
Wednesday, 22 July 2026

*Banking, Finance & Regulation*
• Private bank chiefs widen pay lead over PSU counterparts in FY26.
• FIIs net bought shares worth Rs 1,650 crore, while DIIs turned net sellers of Rs 657 crore on July 21.
• SEBI issues circular to operationalise freeze on promoter holdings during buybacks; depositories to implement the mechanism from August 1.
• Punjab & Sind Bank eyes Rs 4 lakh crore business by FY29; lender bets big on technology transformation.
• RBI plans a unified code for foreign investment in equity instruments.
• No further dilution by SBI in SBI Funds Management, says Chairman C. S. Setty.
• SEBI simplifies certification norms for SIF distributors and introduces a single NISM qualification.
• India's debt-to-GDP ratio moderates to 58.2% in FY26.
• London Stock Exchange to start nonstop trading next year.
• Bira 91 founder Ankur Jain quits the board and relinquishes control as part of a settlement.
• India's EV market is unlikely to mirror the ICE industry, says Bernstein.
• 'Best chapters are yet to be written': SBI Funds Management CEO on the post-listing roadmap.

*Markets, Stocks & IPOs*
• FPIs remain net buyers, with consumer services leading sectoral inflows during the first half of July.
• InMobi appoints JPMorgan, Jefferies, Kotak and Axis Capital for its $1 billion IPO.
• Cube Highways Trust InvIT raises over Rs 1,687 crore from anchor investors ahead of its IPO.
• Metalic Technoforge IPO receives 33% subscription on Day 1.
• Gulf Lloyds India IPO subscribed 8.3 times on Day 2.
• Caliber Mining IPO subscribed over 146 times on the final day of bidding; GMP at 22%.

*Corporate, Industry & Investments*
• KKR-backed Serentica Renewables secures a $1.19 billion investment despite project delays and debt refinancing.
• Competition regulator dismisses the case against Jindal Stainless over deals with Indonesian suppliers.
• KFin Technologies signs a ₹282.85 crore lease for 2.4 lakh sq. ft. office space in Hyderabad.
• HCL and ACME lead Odisha's ₹4,574 crore investment push as 23 projects receive approval.
• Paytm builds a ₹13,529 crore cash reserve and eyes organic growth along with acquisitions.
• Cognizant bags a multi-million-dollar contract from US health insurer Centene.

*Politics & Governance*
• Rahul Gandhi takes protest to PM Modi's door, detained
• Opposition targets the government over the lathi-charge, leading to Lok Sabha disruptions; Congress remains silent on CJP.
• Five adjournments, no work in Rajya Sabha; PM appeals for a smooth session
• PM Modi assures youth of strict action against examination paper leaks.
• Restoring statehood is key to reviving J&K's special status, says CM Omar Abdullah.
• Dharmendra Pradhan speaks on the protests for the first time and attacks Rahul Gandhi.
• Congress surprises govt, its own MPs with protest at 7 Lok Kalyan Marg

*Global*
• Trump impose a 100% tariff on generic drugs from 2028, followed by 200% later.

*Commodities*
• Silver stood at Rs 2,23,667 (Spot).
• Gold stood at Rs 1,42,760 (Spot).
• Brent crude crosses $92 per barrel, the highest level since June.

Jai Hind
*Rudra Hai Toh Mudra Hai* 
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