AU Small Finance Bank on Friday, July 3, reported a 23.5% year-on-year increase in total deposits and a 22.6% rise in its gross loan portfolio for the quarter ended June 30, 2026, according to its provisional business update. Total deposits stood at ₹1,57,730 crore as of June 30, compared with ₹1,27,696 crore a year earlier…
Investors should focus on picking quality companies rather than trying to predict which market-cap segment will outperform, even as Indian equities continue to scale fresh highs, as per WhiteOak Capital Group Founder Prashant Khemka. He said WhiteOak does not take a top-down approach to investing. Instead of shifting allocations between large, mid and smallcap stocks,…
Shares of VA Tech Wabag Ltd. shares gained nearly 6% on Wednesday, July 1, after the company won a “large” order with regards to the expansion of the Donauinsel Water Works in Vienna, Austria. The company classifies international contracts in the $30 million to $75 million range as “large.” VA Tech Wabag said it will…
Supriya Lifescience Ltd. on Saturday, July 4, said the Special Investigation and Intelligence branch of the Customs Department has initiated probe against its general manager, sales and marketing officer Sreekant Sreedharan. The company said the proceedings were initiated against Sreedharan under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985 for a procedural lapse for…
Bank of Baroda and Mizuho Bank have entered into a strategic partnership aimed at expanding collaboration in mergers and acquisitions (M&A) financing, structured lending, cross-border financing solutions, and corporate and investment banking services. The partnership was announced in Mumbai on June 30. It brings together Mizuho Bank’s international network and structured finance capabilities with Bank…
Shares of Waterways Leisure Tourism Ltd., the operator of cruise company Cordelia Cruises, listed on the bourses at a discount in comparison to their issue price. The stock began trading at a price of ₹681 per share, a discount of 16% in comparison to its issue price of ₹808 per share. The ₹585 crore, three-day…
The new CEO of the bank will have his task cut over, after taking charge from incumbent Ashok Vaswani. The markets were surprised by Ashok Vaswani’s decision to step down from Kotak Mahindra Bank, whose shares slid over 3% on the first trading day after the announcement. Continue Reading with CNBC-TV18 Access Membership Priority Access…
BlackRock Investment Institute sees India as a potential beneficiary of a shift in global investor allocations as easing energy prices and improving geopolitical conditions strengthen the country’s investment case, according to Ben Powell, Chief APAC & Middle East Investment Strategist at BlackRock Investment Institute. Powell said India could attract fresh foreign capital in the coming…
The Reserve Bank of India (RBI) has revised the application form and indicative checklist for voluntary surrender of Certificate of Registration (CoR) by Non-Banking Financial Companies (NBFCs), including Housing Finance Companies (HFCs), following recent regulatory amendments issued in April 2026. In a notification dated June 30, the central bank stated that the revised framework comes…
Hello and Happy Saturday to you all! For those who love cats, Happy Caturday! We have officially set foot into the second half of 2026. Having seen it all (yet again) in the first six months of the year, we can only hope, that the only way forward, is now higher and that the final…
