Shares of declined up to 3% after the lender disclosed a borrowing fraud involving former promoters of the Srei Group. The bank reported the matter to the RBI, citing alleged fraud of ₹1,240.94 crore linked to Srei Equipment Finance and ₹1,193.06 crore related to Srei Infrastructure Finance. PNB clarified that the accounts are already fully provided for, but the disclosure weighed on investor sentiment amid heightened scrutiny of asset quality.

India’s leading jewellery maker has entered the lab grown diamond segment with the launch of its new brand, beYon, targeting younger consumers seeking certified stones at more accessible prices. The company will open its first exclusive beYon store in Mumbai on December 29, 2025, with plans to add more outlets in Mumbai and Delhi. The move reflects Titan’s strategy to capture emerging jewellery trends, following another Tata group foray into lab-grown diamonds through Trent’s Pome brand.