Kotak Mahindra Bank reported Q1 business growth: advances up 15.1%, CASA up 10.2%, total deposits up 11.7%. It will acquire Deutsche Bank’s India retail, private, wealth businesses for Rs 281.7 crore.
CASA deposits rose 21.9% year-on-year to ₹45,400 crore from ₹37,241 crore in the year-ago period and increased 4.7% from ₹43,357 crore in the preceding quarter.
Shakti Pumps secures MSEDCL order for 15,000 solar water pumps in Maharashtra, valued at ₹353.89 crore.
The company said the proceedings were initiated against Sreedharan under the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985 for a procedural lapse for a single export transaction of identified product for which the officer is under judicial detention.
WhiteOak Capital Group Founder Prashant Khemka remains positive on healthcare, citing strong opportunities across pharmaceuticals, hospitals and diagnostics due to the sector’s diverse listed companies.
Indian equities have had a forgettable first half of 2026 but they’ve managed to climb every wall of worry so far. Yet, another major one awaits them, along with another market moving event. Read on to know more and also…
The Dow Jones Industrial Average climbed 1.1%, hitting all-time highs. While the vast majority of shares in the S&P 500 rose, the gauge closed little changed amid a rout in chipmakers.
HDFC Bank’s gross advances increased 15.4% to ₹30.61 lakh crore. Its current account savings account (CASA) deposits were up 9.4% to ₹10.25 lakh crore.
Shares of YES Bank Ltd ended at ₹24.39, up by ₹0.14, or 0.58%, on the BSE.
Vedanta Oil & Gas reported a 17% year-on-year decline in average daily production for the June quarter, with output falling across its Rajasthan, Ravva, Cambay and OALP assets. The company said it is stepping up drilling and enhanced oil recovery…