Banks

Where valuations still make sense: ICICI Pru’s Vaibhav Dusad on IT, banks and select contrarian bets

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Where valuations still make sense: ICICI Pru’s Vaibhav Dusad on IT, banks and select contrarian bets

In a market grappling with elevated valuations and uneven earnings momentum, ICICI Prudential AMC sees selective pockets of comfort emerging. Senior Fund Manager Vaibhav Dusad outlines why technology and large private banks offer reasonable entry points, how rate-cycle dynamics are reshaping financials, and where contrarian opportunities could play out as sectoral cycles turn. Edited excerpts … Read more

$7 billion deals in banks, NBFCs in 2025. Sign of banking reforms ahead?

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billion deals in banks, NBFCs in 2025. Sign of banking reforms ahead?

The flood of foreign money into India’s financial sector this year, over $7 billion and counting, is more than a capital infusion. It’s starting to look like the early rumblings of a structural reset in Indian banking. From Federal Bank’s Rs 6,200 crore Blackstone deal to Emirates NBD’s record Rs 26,853 crore bet on RBL … Read more

Banks set to impress in Q2, ECL phasing gives comfort to financials: Ashwini Agarwal

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Banks set to impress in Q2, ECL phasing gives comfort to financials: Ashwini Agarwal

As India’s earnings season gets underway, banks are emerging as the standout performers, with analysts and investors expressing optimism about the sector’s near-term prospects. Ashwini Agarwal, Founder, Demeter Advisors in an interview to ET Now emphasized that the sector continues to offer value. “Banks and financials as a space looks quite interesting because valuations are … Read more

How RBI’s nod puts banks at the centre of corporate deals

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How RBI’s nod puts banks at the centre of corporate deals

When I wrote this column “Outdated Risk, Renewed Opportunities: A Case for Acquisition Financing” on May 30th, I wasn’t sure whether the Reserve Bank of India (RBI) was paying attention. Soon after, our friend Raghu Mohan, a veteran journalist, also wrote a detailed piece on the same topic in Business Standard. It turns out the … Read more

Breakout Stocks: How to trade Laurus Labs, Torrent Pharma and Fortis Healthcare that hit a fresh 52-week high? – ​Market summary

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Breakout Stocks: How to trade Laurus Labs, Torrent Pharma and Fortis Healthcare that hit a fresh 52-week high? – ​Market summary

The stock gave a trendline breakout with a strong bullish green candle, gaining 51 points or 6.15% today, with volumes above the 50-day moving average. Since the stock has given the breakout, the potential targets are Rs 988 (T1) and Rs 1,095 (T2) in the coming days. A strong support and stop loss is placed … Read more

Fund Manager Talk | PSU banks trading below book value despite healthy ROE: Krishna Sanghavi

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Fund Manager Talk | PSU banks trading below book value despite healthy ROE: Krishna Sanghavi

Despite healthy return ratios and minimal asset quality issues, several PSU banks are trading below book value, according to Krishna Sanghavi, CIO-Equity at Mahindra Manulife. This valuation anomaly comes at a time when the fund house is launching a dedicated BFSI sectoral fund, betting on India’s demographic dividend and the ongoing financialization of savings in … Read more

​DIIs on a buying spree: 2025 sees 2nd-highest equity inflows in a decade

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​DIIs on a buying spree: 2025 sees 2nd-highest equity inflows in a decade

DII Tracker Domestic Institutional Investors (DIIs) — including mutual funds, banks, insurance companies, and retirement funds — have played a crucial role in supporting the Indian equity markets over the past decade. Their investment patterns often reflect broader economic sentiments and can significantly influence market trends. Source link

Indian banks win U.K. bankruptcy appeal in Vijay Mallya case

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Indian banks win U.K. bankruptcy appeal in Vijay Mallya case

Indian businessman Vijay Mallya. File. | Photo Credit: Reuters A consortium of Indian banks, led by State Bank of India, on Wednesday (April 9, 2025) won their court appeal in London to uphold a bankruptcy order against Vijay Mallya in a long-standing legal battle seeking repayment of a judgment debt owed by his now-defunct Kingfisher … Read more

Zetwerk selects banks for $500 million India IPO

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Zetwerk selects banks for 0 million India IPO

Indian manufacturing and logistics firm Zetwerk Pvt has picked banks for a potential Mumbai initial public offering that could raise at least $500 million, according to people familiar with the matter. The Bengaluru-based company has selected Axis Capital Ltd., Goldman Sachs Group Inc., Jefferies Financial Group Inc., JM Financial Ltd., JPMorgan Chase & Co. and … Read more

Banks’ loan growth drops for fifth month in November as tighter lending rules weigh

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Banks’ loan growth drops for fifth month in November as tighter lending rules weigh

Banks’ loan growth moderated for a fifth straight month in November, central bank data showed, as lenders continued to rein in unsecured and personal loans after the Reserve Bank of India’s crackdown on “exuberant” lending. Banks’ credit increased by 11.8% year-on-year last month, slower than the 16.5% rise in November 2023, excluding the impact of … Read more