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HDFC Bank's Atanu Chakraborty episode may not be dramatic for lender's financial show
HDFC Bank posted a strong FY26 performance despite recent governance-related headlines and leadership changes, with CreditSights noting that these developments are unlikely to have any meaningful impact on its credit profile or stability. The bank reported a 10.9% rise in net profit to Rs 74,700 crore, supported by 12.1% loan growth, robust deposit mobilisation, and continued best-in-class asset quality, with gross NPAs falling to 1.15% and credit costs at multi-quarter lows. Capital buffers remained strong with a CET1 ratio of 17.3%, underscoring resilience even as external macro risks persist.
Risk-reward has improved; Indian economy structurally more resilient: Rishabh Nahar of Qode Advisors
In an interview with Mint, Rishabh Nahar of Qode Advisors discusses the current market structure. With a unique 'all-weather' investment philosophy, he emphasises the importance of long-term capital commitment amidst market fluctuations.
Stocks To Buy: Three non-bank lenders that Nomura is betting on for up to 26% upside
Brokerage firm Nomura has initiated coverage on three non-bank lenders (NBFCs), Piramal Finance, L&T Finance and Tata Capital with a "buy" rating in its latest note on Wednesday, March 12. In addition to these, it has also initiated coverage on HDB Financial Services, with a "neutral" rating.
IRDAI nod for Allianz Jio Reinsurance and Kiwi General
IRDAI has issued Certificates of Registration to Allianz Jio Reinsurance and Kiwi General Insurance, granting them final approval to begin operations. Allianz Jio Reinsurance is a joint venture between Allianz Group and Jio Financial Services, while Kiwi General Insurance is supported by WestBridge Capital and former Tata AIG chief Neelesh Garg.
IRDAI nod for Allianz Jio Reinsurance and Kiwi General
IRDAI has issued Certificates of Registration to Allianz Jio Reinsurance and Kiwi General Insurance, granting them final approval to begin operations. Allianz Jio Reinsurance is a joint venture between Allianz Group and Jio Financial Services, while Kiwi General Insurance is supported by WestBridge Capital and former Tata AIG chief Neelesh Garg.
Stocks to Watch for February 26: IRFC, Tata Capital, Lupin, KFin Tech and more
Tata Capital Ltd, IRFC, Lupin, KFin Technologies, Emmvee Photovoltaic Power, and Shaily Engineering Plastics announce key financial and operational updates. Here are few stocks to track ahead of Thursday's trading session.
US Market | Credit Concerns Mount: Blue Owl shake-up weighs on US financial stocks
Blue Owl Capital’s $1.4 billion asset sale and halted fund redemptions rattled US financial stocks, highlighting mounting private credit stress. Investors are cautious over software-linked loans, liquidity, and valuations, underscoring how vulnerabilities in private markets can quickly ripple into public equities, particularly in financials and technology sectors..
Bajaj Finserv all set to launch $1-billion alts investment platform
Bajaj Finserv's alternative investment arm plans to raise up to $1 billion across private equity, liquid alternatives, listed equity, and real estate. The platform aims to expand beyond traditional financial services, with capital deployment expected to begin next fiscal year. The firm is building a 40-member team and seeks to deliver consistent outperformance in its strategies.
Stocks to Watch Today: Hindustan Aeronautics, JSW Cement, Affle, Lupin, Greenlam, Greenply, Tata Motors, Natco Pharma, Reva Diamonds in focus on 4 March
Stocks to Watch, 4 March: Stocks like Hindustan Aeronautics, Dabur India, JSW Cement, Affle 3i, Lupin, HDB Financial Services, Mahindra and Mahindra, Greenlam Indusries, Reva Diamonds, Greenply Industries, Cipla, Capri Global Capital, Tata Motors, and Shalby will be in focus on March 4./
Bajaj Finance, Shriram Finance, Tata Capital among Nomura's top NBFC picks for Q1
The brokerage expects all diversified lenders under its coverage, except HDB Financial Services, to report more than 20% year-on-year growth in assets under management
MC Exclusive: From aerospace to consumer electronics: Aequs founder on the company's next growth phase
After spending nearly two decades building capabilities, Aequs believes it is entering a new phase of growth. Aravind Melligeri discusses capacity expansion, consumer electronics, engine manufacturing, capital allocation, leverage, governance and the company's long-term financial ambitions