Banks gain competitive edge over NBFCs after RBI measures, says ICICI Prudential’s Anish Tawakley
Anish Tawakley of ICICI Prudential AMC says tech and metals face headwinds, while cyclicals like industrials and capital goods are preferred.
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ESAF SFB Q2 Update: Deposits up 6% at ₹22,894 crore; secured advances jump 62%
Gross advances increased by 4.35% YoY to ₹19,137 crore as of September 30, 2025. Secured advances saw a significant 62.31% surge, touching ₹11,711 crore. Shares of ESAF Small Finance Bank Limited ended at ₹30.09, down by ₹0.49, or 1.66%, on…
Zaggle Prepaid board approves fund raise of ₹60 crore via warrants issue
Zaggle Prepaid said it will issue up to 10.58 lakh warrants for cash at a price of ₹567 per warrant, which aggregates up to ₹59.99 crore to the promoter group and non-promoter on a preferential basis.
Equitas SFB Q2 gross advances up 9% to ₹39,145 crore; deposits rise 11%
Total deposits stood at ₹44,094 crore, up 10.92% year-on-year but slightly down 0.57% sequentially. CASA deposits increased 12.78% year-on-year and 4.63% quarter-on-quarter to ₹13,622 crore, improving the CASA ratio to 31% from 29% in the previous quarter.
Sobha Q2 sales jump 61% to ₹1,903 crore; achieves record ₹3,981 crore sales in H1
For the first half of FY26, Sobha achieved its highest-ever sales value of ₹3,981.4 crore, up 30.4% year-on-year, with total new sales area of 2.84 million square feet. On Friday (October 3), shares of Sobha Ltd ended at ₹1,470.45, down…
Lupin receives OAI classification from USFDA for Pithampur Unit 2 manufacturing facility
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Kotak Mahindra Bank Q2 net advances surge 16% to ₹4.62 lakh crore; deposits up 15%
Total deposits at the end of the September quarter stood at ₹5.28 lakh crore, up 14.6% year-on-year and 3.1% sequentially. The bank’s average total deposits during the quarter rose 14.4% year-on-year and 3.7% quarter-on-quarter to ₹5.10 lakh crore. On Friday…
Recycling is not a choice, it’s a compulsion: Jain Resource Recycling charts aggressive growth path
Kamlesh Jain, CMD of Jain Resource Recycling, said the company has not been affected by the US tariff war or other global disruptions. He explained that scrap and recyclable resources are exported to India from across the world because of…
IDBI Bank’s total business rises 12% to ₹5.33 lakh crore in September quarter
According to the disclosure, total deposits grew 9% year-on-year to ₹3,03,531 crore as of September 2025, up from ₹2,77,602 crore a year earlier. On Friday (October 3), shares of IDBI Bank Ltd ended at ₹92.58, up by ₹0.20, or 0.22%,…
HDFC Bank Q2 Update | Gross advances up 9.9%, deposits average at ₹27.1 lakh crore
HDFC Bank’s gross advances increased 4.4% sequentially from ₹26.53 lakh crore and 9.9% from the previous year’s ₹25.19 lakh crore to ₹27.69 lakh crore in the September quarter this fiscal.