Tag
Financials
28 articles
The Indian banking sector is undergoing shifts in liquidity and asset growth, alongside ongoing restructuring efforts. Several banks, including Yes Bank, IndusInd Bank, and South Indian Bank, reported provisional Q1 FY27 business updates, revealing varied trends in loan and deposit growth, alongside fluctuations in CASA ratios. Meanwhile, Goldman Sachs raised its USD/JPY forecasts, anticipating higher U.S. yields and potential Bank of Japan rate hikes, which could impact currency markets and Indian financial institutions with foreign currency exposure. These developments highlight the complex interplay of domestic banking dynamics and global macroeconomic factors, suggesting investors should closely monitor asset quality and liquidity management as interest rate environments evolve.
Goldman Sachs Raises USD/JPY Targets to 165
Goldman Sachs raised its USD/JPY forecasts to 162 in three months, 163 in six months, and 165 in twelve months.
The upward revision reflects higher‑for‑longer U.S. yields, low U.S. recession risk, Jap
Yes Bank Q1 FY27 Provisional Business Update
Yes Bank reports provisional Q1 FY27 business figures with loans growing 4.3% QoQ to ₹285,315 crore.
Deposits declined 1.1% QoQ to ₹315,397 crore while CASA ratio dropped to 32.7% from 35.1%.
Liquidit
DCB Bank 31st AGM Approves Dividend and Resolutions
DCB Bank held its 31st AGM on July 3, 2026, passing all eight resolutions including a dividend of ₹1.45 per share.
Shareholders approved the re-appointment of directors Nadir Bhalwani and Krishnan Sri
IndusInd Bank Q1 FY27 Business Update
IndusInd Bank reported Q1 FY27 net advances of ₹3.26 lakh crore, declining 2.3% YoY but rising 3.3% QoQ.
Total deposits grew to ₹4.15 lakh crore, increasing 4.5% YoY and 3.8% QoQ as of June 30, 2026.
Srestha Finvest Two Directors Resign, New Director Appointed
Mr. Mayurdwajsinh Rana and Mr. Sahadevsinh Rana resigned as Non-Executive Directors effective July 1, 2026, citing personal reasons.
Mr. Dipesh Jaswantlal Shah was appointed as an Additional Independe
Canara Bank Insolvency Petition Adjourned for RP Report
NCLT Bengaluru adjourns Canara Bank's insolvency petition against Mr. N Nanjundaiah, awaiting the Resolution Professional's report.
Parties given 3 weeks to file objections to the RP report, followed
South Canara Bank vs Anand Life Sciences NCLT Deferral
NCLT Bengaluru defers Sec 7 insolvency petition hearing to 29 July 2026 for potential settlement.
Petitioner South Canara District Central Cooperative Bank and respondent Shree Anand Life Sciences Ltd
NCLAT Defers Ideal Aurum Nirman vs Yes Bank Hearing
NCLAT Principal Bench postpones hearing for Ideal Aurum Nirman's appeal against Yes Bank to July 10, 2026.
Tribunal clarifies its order does not prevent NCLT from proceeding with pending related matte
SEBI Dismisses Time-Barred RTI Appeal on Weird Infra Recovery
SEBI's Appellate Authority dismissed an RTI appeal by Atul Kumar Thakur as it was filed beyond the statutory 30-day limit without a delay condonation request.
The appeal sought information on recovery
GIC Housing Finance Compliance Officer Change
GIC Housing Finance appointed Rajkumar Umedlal Gor as new Compliance Officer effective June 2, 2026.
Previous Compliance Officer Nutan Singh resigned effective June 1, 2026 after serving since Februar
NCLT Adjourns Prayag Polytech Insolvency Hearing
NCLT Jaipur Bench adjourned the Prayag Polytech insolvency hearing to July 20, 2026.
Suspended directors agreed to meet the Resolution Professional with their auditor on July 16.
The RP reported infor
Indian Bank Q1 FY27 Business Update Disclosure
Indian Bank files regulatory disclosure with stock exchanges for Q1 FY27 business performance metrics.
Total business grew to ₹15.28 lakh crore with deposits at ₹8.43 lakh crore and advances at ₹6.85
South Indian Bank Q1 Advances Up 17% YoY
South Indian Bank files provisional Q1 FY27 business update per SEBI LODR Regulations.
Gross advances grew 17.01% YoY to ₹104,366 crore; deposits rose 11.39% to ₹125,786 crore.
CASA ratio improved to
Karnataka Bank Q1 Provisional Business Parameters
Karnataka Bank discloses provisional Q1 FY27 business parameters under SEBI LODR Regulation 30.
Gross advances grew 16.59% YoY to ₹86,590.11 crore while deposits increased 6.94% to ₹110,411.54 crore.
Ujjivan SFB Clarifies NSE/BSE Volume Surge Query
Ujjivan SFB responds to NSE and BSE queries regarding significant recent trading volume increases in its scrip.
The bank states all material price-sensitive information has been duly disclosed to exch
IRFC Promoter Sells 22.87 Crore Shares via OFS
IRFC discloses promoter President of India's sale of 22.87 crore equity shares via offer for sale mechanism.
Promoter holding reduced from 84.65% to 82.90% following the transaction executed on BSE an
Indian Railway Finance 2% OFS by Government
Government of India proposes Offer for Sale of up to 2% equity shares in Indian Railway Finance Corporation Ltd.
Base offer size is 1% (13.07 crore shares) with an equal oversubscription option, at a
Enbee Trade Promoter Sells 0.27% Stake
Enbee Trade and Finance Limited discloses a promoter group member's share sale via Regulation 29(2) filing.
Bharathi Narendra Gala sold 1,855,000 shares (0.27% of equity) through open market transacti
Bank of India 30th AGM Approves All Resolutions
Bank of India held its 30th Annual General Meeting (AGM) on 15th June 2026 via video conference.
Shareholders approved three resolutions: adoption of FY26 accounts, a Rs.4.65 per share dividend, and a
Prabhav Industries FY26 Net Loss of ₹1.24 Crore
Prabhav Industries reported standalone audited financial results for FY26 and Q4 FY26, approved by the board on June 09, 2026.
The company recorded zero revenue from operations for the full year and q
Enbee Trade Promoter Sells 0.29% Stake
Enbee Trade and Finance Limited files a disclosure under SEBI Takeover Regulations Regulation 29(2).
Promoter group member Meyhul Gaala sold 200,000 equity shares via open market on June 08, 2026.
Pos
Shalibhadra Finance Promoter Group Purchases 100,000 Shares
Shalibhadra Finance discloses a promoter group member's share purchase per SEBI PIT Regulations.
Ayushi Doshi acquired 100,000 equity shares via market purchase on BSE for ₹82.95 lakh.
The transaction
Enbee Trade Promoter Group Acquires 8.5% Stake
Enbee Trade files SEBI PIT Regulation 7(1)(b) disclosure for promoter group member Meyhul Gaala.
Meyhul Gaala acquired 5.93 crore equity shares representing 8.5% stake via inter-se transfer.
Transacti
Enbee Trade Promoter Group Acquires 5.69% Stake
Enbee Trade and Finance Limited discloses a promoter group acquisition under SEBI Takeover Regulations.
Bharathi Narendra Gala acquired 3,97,06,810 shares, representing 5.69% of total voting capital.
India Shelter Promoter Reclassification to Public Approved
India Shelter received NSE and BSE approval to reclassify 16 promoter group entities to public shareholders.
The approval, dated May 21, 2026, follows an application submitted on February 10, 2026 und
Enbee Trade Promoter Sells 2.01% Stake
Enbee Trade and Finance Limited discloses a promoter group share sale under SEBI Takeover Regulations.
Promoter group member Ssamta Amar Gaala sold 1.4 crore shares (2.01% of equity) on May 4, 2026.
P
Manappuram Finance Open Offer Receives Zero Share Tenders
• Kotak Mahindra Capital discloses zero equity shares tendered in Bain Capital's open offer for 26% of Manappuram Finance as of April 17, 2026.
• The open offer aimed to acquire up to 24.42 crore shar
Enbee Trade and Finance Promoter HUF Acquires 8.5% Stake
Enbee Trade and Finance Limited discloses a promoter group entity's substantial share acquisition under SEBI Takeover Regulations.
Narendra Bhavanji Gala HUF acquired 59,300,000 shares representing 8.