Mitul Shah & Associates

Banks look to get export credit lines ready as US lowers tariff

Banks are poised to reopen credit lines for Indian export sectors following the US’s reduction of import tariffs to 18%. This move is expected to quickly revive exports of garments, gems, jewelry, leather, and chemicals, leading to increased demand for bank loans. Public sector banks anticipate leading this export credit rebound in the coming quarters.

PhonePe’s IPO gamble: Can UPI dominance finally pay off?

Fintech giant PhonePe is preparing for its public listing. Its massive scale in UPI payments is a key strength. The company is now focused on expanding into higher-margin financial services like loans and insurance. This strategy aims to leverage its large user base for deeper engagement and revenue growth.