Bank of India reported strong provisional business momentum for Q3 FY26, with global business rising 12.5% year-on-year to ₹16.27 lakh crore. Deposits grew 11.64% to ₹8.87 lakh crore, while gross advances increased 13.55% to ₹7.40 lakh crore. On the domestic front, advances rose a healthy 15.07%, led by a sharp 17.69% growth in retail, agriculture and MSME (RAM) loans, underscoring improving credit demand.
Vedanta Limited informed exchanges about a USD 80 million facility agreement entered into by its parent, Vedanta Resources, with group entities as guarantors. While Vedanta Limited is not a direct party and no funds are routed to India, encumbrances have been created on its shares, and certain promoter-related restrictions may impact corporate actions.
Biocon issued commercial papers worth ₹200 crore at an interest rate of 6.80%, with a 60-day maturity ending March 3, 2026. The issuance, rated IND A1+, will be listed on the NSE and used for short-term funding requirements.
CSB Bank posted robust provisional Q3 updates, with total deposits rising 21% year-on-year and gross advances jumping 29%, driven by a 46% surge in gold-backed lending. Meanwhile, Somany Ceramics announced a physical analyst meet in Mumbai on January 8, limited to publicly available information.
Pulsar International Ltd announced the results of its EGM held on Jan 02, 2026. An ordinary resolution to increase the authorized share capital & alter the Memorandum of Association was passed. Total votes polled were 1,12,48,298, with 100% in favour. Promoters & Promoter Group cast 58,40,920 votes in favour, while Public Non-Institutions cast 54,07,378 votes in favour. No votes were cast against the resolution.
