Mitul Shah & Associates

Standard Chartered faces $2.7 bn lawsuit linked to 1MDB scandal

Standard Chartered Plc is being sued for $2.7 billion by liquidators of Malaysia’s 1MDB fund, who allege the bank enabled over 100 intrabank transfers between 2009 and 2013 that helped launder stolen funds, Bloomberg reported. The UK-based bank, sued in Singapore, denies the claims, stating it had reported suspicious activity, closed the accounts in 2013, […]

Hero Motors refiles papers for IPO, raises issue size to Rs 1,200 crore

Hero Motors has refiled its DRHP with SEBI for an IPO, increasing the issue size to Rs 1,200 crore. The IPO includes a fresh issue of shares worth Rs 800 crore and an offer for sale of Rs 400 crore by existing shareholders. The proceeds will be used to reduce debt and expand the Uttar […]

Rs 72 lakh crore stock market boom flashes valuation warning. Where’s the smart money going?

India’s stock market has surged, with the Sensex soaring by 12,000 points in under three months, fueled by strong domestic and foreign investment. This rally, however, has triggered valuation warnings as markets trade above their historical averages. Experts advise investors to moderate return expectations and diversify into other asset classes like REITs and debt funds.

Bank credit growth slows across segments; risks of further deceleration, says RBI FSR

Bank credit growth has slowed from 11.3 per cent in December 2024 to 9.6 per cent by June 2025, according to the RBI’s Financial Stability Reports. While credit was earlier driven by retail and services lending, recent quarters show a broad-based deceleration. Regulatory tightening on unsecured loans and NBFC exposures has cooled demand, while public […]