With signs of loan growth picking up in the Indian banking sector, investors are looking for guidance on potential winners. Market expert Sandip Sabharwal shared his views on banks, infrastructure, hospitality and IPOs with ET Now. Banking Picks: ICICI, Axis, Kotak LeadOn bank stocks, Sabharwal said, “Among large banks, we own ICICI, Axis, and some … Read more
Shares of public sector lender Canara Bank rallied as much as 4% to their 52-week high of Rs 134 on the NSE on Thursday, October 30 after it reported a robust set of figures for the quarter ended September 30 FY26. For the quarter under review, the bank reported a net profit of Rs 4,774 … Read more
IndusInd Bank has recently been in the spotlight after its stock fell to a 52-week low on March 11, 2025, (Tuesday) attributed to an accounting irregularities related to forex derivative transactions. Although the stock saw a slight recovery the following day (Wednesday – March 12), questions about the security of fixed deposits (FDs) have surfaced … Read more
The Indian banking sector continues to demonstrate resilience and adaptability, navigating a dynamic economic environment with steady growth in credit, deposits, and profitability. Despite certain challenges, particularly in the unsecured retail and microfinance institution (MFI) segments, the sector’s overall outlook remains positive, underpinned by strong fundamentals and operational efficiency. Projected credit growth for FY25 is … Read more