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Kotak Mahindra Bank has 'high ambitions' to deploy capital for growth, CEO says
Kotak Mahindra Bank is actively pursuing acquisitions, including loan portfolios and alternative assets, to deploy surplus capital and fuel growth. CEO Ashok Vaswani aims for the bank to become India's third-largest private lender by profit. The bank is also investing heavily in technology and AI to enhance efficiency, expecting workforce growth to lag behind balance-sheet expansion.
Explained - Why Jefferies prefers Bajaj Finance, Aditya Birla Capital over other NBFCs
Jefferies expects the sector to deliver healthy loan growth, easing credit costs and largely range-bound NIMs. While valuations have recovered from the lows seen during the recent geopolitical tensions, they remain broadly around long-term averages.
West Bengal eyes Calcutta Stock Exchange revival to reclaim financial hub status
Kolkata's historic stock exchange is set for a revival, with the state's finance minister vowing to restore the city's financial capital status. This move promises easier capital access for Eastern India, reduced trading costs, and job creation. The government also plans to list profitable state-owned companies to generate funds and unlock value, aiming to boost the region's economic standing.
World Bank Approves $1.5 Billion Finance Plan To Support India's Structural Reforms
The operation is aligned with the World Bank Group's Country Partnership Framework for India for fiscal 2026-31.
Metropolis Healthcare Ltd leads losers in 'A' group
Aadhar Housing Finance Ltd, Black Box Ltd, Tata Capital Ltd and Craftsman Automation Ltd are among the other losers in the BSE's 'A' group today, 22 June 2026.
Why NBFCs are growing faster than banks, JM Financial analyst explains
Ajit Kumar of JM Financial sees NBFCs outperforming banks in FY27, favoring Tata Capital and Piramal Finance on strong credit demand, cheaper funding and stable asset quality
For Tata Capital, narrowing profitability gap with Bajaj Finance is a tough task
Tata Capital has hit a record high after reiterating its FY28 growth roadmap. But with much of the optimism already priced in, investors may need to temper expectations.
Kevin Warsh is no hawk and Fed rate hikes look unlikely: Julius Baer
Mark Matthews, Head of Research Asia at Bank Julius Baer, expects crude oil to fall to $60 per barrel by next year. However, he said strong earnings growth in the US, driven by artificial intelligence investments, continues to attract global capital, limiting the appeal of India for international investors in the near term.
Sensex jumps over 400 pts, Nifty above 24,100; IT stocks lead gains
Indian stock markets rebounded strongly on Monday, with Sensex and Nifty posting significant gains after Friday's dip. Tech stocks led the charge, while broader market indices also climbed. Despite Middle East tensions, Brent crude prices remained below $80, suggesting a potential de-escalation. Analysts remain optimistic, citing rupee appreciation and expected capital inflows as supportive factors for continued market momentum, particularly in mid and small-cap segments.
SBI's improving performance warrants better valuation, chairman Setty says: Report
State Bank of India's chairman believes the bank is undervalued, citing improvements in financial strength, customer base, and earnings. He highlighted the success of the Yono digital platform, strengthened capital position, and the significant growth in value from its subsidiaries. SBI is also focusing on technology adoption, including AI, and sees opportunities in power, MSME, and retail lending, positioning itself for future growth despite evolving funding landscapes.
ADB Sees India As Biggest Private Sector Market; Targets $1 Billion Direct Support in 2026
Last month, ADB and Standard Chartered Bank signed agreements to strengthen supply chain finance in India through risk-sharing arrangements covering both US dollar and rupee transactions.
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swap
Major Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion from overseas markets next week. This move capitalizes on the Reserve Bank of India's 1.5% fixed-rate swap incentive for external commercial borrowings, aimed at bolstering the rupee. HDFC Bank's recent successful dollar bond sale has spurred this wave of fundraising.