Private sector lender YES Bank Ltd on Friday (July 3) reported an 18.4% year-on-year increase in loans and advances to ₹2.85 lakh crore as of June 30, 2026, while deposits rose 14.3% to ₹3.15 lakh crore, according to its provisional business update for the first quarter of FY27.On a sequential basi…
SBI Funds Management Ltd. is set to launch its initial public offering, which could raise up to $1.2 billion, in the week starting July 13, according to people familiar with the matter, testing investor demand ahead of a busy pipeline of billion-dollar listings in India.The country’s largest asset…
India's Manipal Health Enterprises, backed by Singapore's Temasek, has received approval for its stock market listing from market regulator SEBI, two sources familiar with the matter told Reuters on Friday.The hospital chain is targeting a market debut in late July or early August, said the sources…
Vedanta Oil and Gas Ltd reported a 17% year-on-year decline in its average daily gross operated production for the quarter ended June 30, with output falling to 77.7 kboepd (thousand barrels of oil equivalent per day). Production was also 5% lower sequentially.Average daily working interest product…
Bandhan Bank reported steady loan growth in the first quarter of FY27, with gross advances rising 16.4% year-on-year to ₹1.56 lakh crore, although growth was largely flat on a sequential basis at 0.8%.Total deposits stood at ₹1.65 lakh crore at the end of the June quarter, up 6.6% from a year ago b…
Private sector lender IndusInd Bank Ltd on Friday (July 3) reported a 2.3% year-on-year decline in net advances to ₹3,26,171 crore as of June 30, 2026, according to its Q1 FY27 business update.On a sequential basis, net advances rose 3.3% compared with ₹3,15,871 crore in March 2026. Total deposits…
Fortis Healthcare has signed an operations and management (O&M) agreement with Odisha-based Dion Group to operate a 300-bed greenfield multi-specialty hospital in Cuttack, marking the company's entry into the state, according to an exchange filing on Friday, July 3.The hospital will be developed at…
Foreign institutional investors (FIIs) turned net buyers in Indian equities on Friday, snapping a four-session selling streak by purchasing shares worth a provisional ₹1,355.33 crore, according to exchange data.Domestic institutional investors (DIIs), meanwhile, turned net sellers after two weeks…
State-owned NBCC (India) Ltd on Friday (July 3) said it has received work orders worth approximately ₹132.28 crore for construction projects in Assam and Odisha, according to its regulatory filing.The contracts include construction of permanent campuses for Jawahar Navodaya Vidyalayas (JNV) in Sout…
Investors holding eligible Sovereign Gold Bonds (SGBs) issued between 2019 and 2021 can opt for premature redemption in July 2026 after completing the mandatory five-year holding period.The Reserve Bank of India (RBI) has announced the redemption schedule for eight eligible SGB tranches, allowing i…
The Securities and Exchange Board of India (SEBI) on Friday, July 3, revised the framework governing the handling of clients' unpaid securities by trading members, citing regulatory developments and operational challenges faced by brokers.The changes aim to improve the ease of doing business for st…
Non-bank lender L&T Finance Ltd on Friday (July 3) estimated retail disbursements at ₹23,800 crore for the quarter ended June 30, 2026, marking a 36% year-on-year increase, according to its business update.Within retail disbursements, Urban Finance contributed ₹10,760 crore, compared with ₹6,851 cr…
The sharp correction in Indian IT stocks has created a compelling long-term buying opportunity, with traditional IT services companies capable of delivering 45–70% returns over the next three years, according to Sandip Agarwal, Fund Manager at Sowilo Investment Managers LLP.Agarwal believes investo…
Private lender Suryoday Small Finance Bank Ltd on Friday (July 3) reported a 33% year-on-year increase in gross advances to ₹14,374 crore as of June 30, 2026, while total deposits rose 29% to ₹14,634 crore, according to its provisional business update for the first quarter of FY2027.Disbursements d…
India currently lacks a strong catalyst to bring foreign institutional investors (FIIs) back in a meaningful way, says Adrian Mowat, Investor at Hong Kong SAR. While investors can selectively accumulate quality companies trading below their long-term valuations, a sustained revival in FII interest…
