Finance

The India Infrastructure Finance Company Ltd. (IIFCL) is set to expand its loan portfolio to Rs. 1 lakh crore by FY27, reflecting a robust commitment to funding India’s infrastructure growth. With rising government spending on transport, energy, and urban development, IIFCL is strategically positioned to bridge financing gaps for large-scale projects across the country.

LIC Housing Finance Ltd. (LICHFL) has reached a settlement with the Securities and Exchange Board of India (SEBI), agreeing to pay Rs. 2 crore to resolve a regulatory matter concerning disclosure and compliance norms. The settlement allows the company to avoid prolonged legal proceedings while reaffirming its commitment to transparency and adherence to statutory regulations. Market analysts view the resolution as a proactive measure to maintain investor confidence and mitigate reputational risk.

Non-banking financial company Aye Finance has reported a sharp rise in profitability for the third quarter, with net profit increasing by 87 percent to Rs. 43 crore. The robust performance was driven primarily by strong loan disbursements to micro and small enterprises, improved asset quality, and expanding credit demand from underserved segments of the economy. The results underscore the growing importance of specialized lenders focused on financing small businesses that often lack access to traditional banking channels.

IDFC Bank has transferred ₹583 crore to the Haryana government, reflecting strong compliance with statutory obligations and a collaborative approach to state finances. The remittance, part of revenue-sharing and dividend arrangements, highlights the bank’s robust profitability and disciplined capital management. Analysts note that such transfers not only enhance the fiscal capacity of the state but also signal investor confidence in IDFC Bank’s governance and operational strength.

IDFC First Bank has disclosed a fraud linked to a Haryana government account, stating that while the incident is serious, its financial impact on profitability is expected to be contained. The bank said it has identified the irregularities, initiated corrective measures, and reported the matter to relevant authorities. Management emphasized that internal controls helped detect the issue early, limiting potential losses.

AU Small Finance Bank has rejected allegations of misconduct following regulatory restrictions imposed in Haryana, asserting that its operations remain compliant with applicable laws and banking norms. The lender said it is engaging with authorities to address concerns and restore normal business activity in the state. The development has drawn market attention, highlighting the heightened scrutiny facing financial institutions amid tighter oversight.

State Bank of India has announced an ambitious objective to allocate 10% of its total lending portfolio to green advances by 2030, signaling a major push toward sustainable finance. The bank plans to focus on renewable energy, energy-efficient projects, and environmentally responsible infrastructure, aligning lending practices with global ESG standards. Analysts note that this move not only positions SBI as a leader in climate-conscious banking but also reflects India’s broader commitment to sustainable development goals.

IDFC First Bank is under scrutiny following the discovery of a Rs 590-crore fraud affecting accounts held by the Haryana Government. Preliminary investigations suggest irregularities in fund transfers, triggering concerns over internal controls and compliance mechanisms. Banking regulators are closely monitoring the situation, while the state government has initiated its own probe.

State Bank of India has entered into a strategic tie-up with leading Japanese lenders to expand acquisition financing opportunities for Indian and cross-border transactions. The collaboration aims to provide structured funding solutions for mergers, acquisitions, and leveraged buyouts, particularly for Indian companies pursuing overseas growth. By combining SBI’s domestic reach with Japan’s deep pools of long-term capital, the arrangement enhances access to competitive financing while mitigating risk.

Ashok Leyland has entered into a strategic partnership with Rajasthan Gramin Bank to widen access to structured financing solutions for commercial vehicle buyers, particularly across rural and semi-urban markets. The collaboration is designed to improve credit availability for transport operators, small entrepreneurs, and fleet owners, supporting demand growth in India’s logistics and mobility ecosystem. By combining manufacturing strength with localized banking reach, the tie-up reflects a pragmatic approach to deepening financial inclusion while stimulating vehicle sales.