DevMantra Times is back with its July 2026 edition, and this one covers a lot of ground. India's retail lending sector is entering what analysts are calling a multi-decade growth phase, powered by digital transformation, financial inclusion, and a steady expansion of secured credit. The RBI backed that up with good news of its own: listed private companies just posted their first double-digit sales growth in two years, led by a strong manufacturing rebound, and the central bank has loosened lending limits for infrastructure NBFCs to support ongoing projects.
The startup and IPO story looks just as active. Info Edge quietly built a Rs 1,003 crore AI and deep-tech portfolio across 54 startups, Lime raised $167 million in its Nasdaq debut, and Oyo's parent Prism filed papers for its long-pending Rs 6,650 crore IPO. Meanwhile, the Byju's insolvency process continues to work through roughly 2 lakh unsold tablets and a slow asset sale.
For compliance teams, we've rounded up the month's key rulings on GST refunds, ITC reversals, and reassessment notices, alongside corporate law updates from SEBI, IBBI, and MCA worth tracking before they turn into deadlines. And since July always comes with its own set of due dates, the full tax compliance calendar for the month sits at the end.
Read the complete edition below.
