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SECTOR | 25 Aug 2025

Indian banks must be allowed to finance M&A deals, SBI Chairman Setty says

Business Line

According to E&Y, India's private credit market saw a sharp surge in deal activity in 2025

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

SBI asks regulator to allow banking industry to finance acquisitions

Business Standard | 25 Aug 2025

Banks

SECTOR | 25 Aug 2025

AI can reshape 35-50% of job roles in Indian banking system: BCG report

Business Standard

Amid concerns over artificial intelligence's impact on jobs, a consultancy firm on Monday said the adoption of the technology can "reshape" half of the roles in the Indian banking sector. In what may come as a concerning outcome for banks, Boston Consulting Group (BCG) said that despite a nearly five-times increase in information technology spending of banks over the last decade, the gains in productivity are limited. The firm pegged the actual productivity gains at just 1 per cent for Indian banks, and added that lenders from the country trail their global peers. AI adoption can help banks overcome the challenge posed by limited productivity gains, it said, adding that many banks are already adopting such tools. "We feel that about 35-50 per cent of jobs can get reshaped if banks are able to boldly embrace these new technologies, and that will be a prerequisite if the banking sector has to break the sticky cost structures that they've been encountering over the last few years," it

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

Banks

SECTOR | 25 Aug 2025

Bajaj Finance Among Jefferies' Top NBFC Stock Pick, 23% Upside Potential EyedHere's Why

NDTV Profit

Bajaj Finance is confident about maintaining 23-24% year-on-year loan growth, supported by diversified products and expansion into new segments such as gold loan and new consumer durable categories.

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

Banks

SECTOR | 24 Aug 2025

Banks draw up plans to help exporters navigate 50% Trump tariff threat

Business Standard

The 50 per cent tariffs, which come into effect from August 27, have prompted officials to take proactive measures to mitigate the impact, said senior bankers

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

SFBs' Q1 net profit slumps 76% to 309 crore as credit costs rise

Business Standard | 24 Aug 2025

Banks

SECTOR | 24 Aug 2025

CARE Ratings upgrades Punjab & Sind Bank tier-II bonds on asset gains

Business Standard

State-owned Punjab & Sind Bank has said CARE Ratings has upgraded ratings on tier-II bonds by a notch, citing improvement in profitability and decline in bad loans. The rating has been upgraded from CARE AA- with Positive outlook to CARE AA with Stable outlook, the bank has said in a regulatory filing. The bank has secured rating upgrades for tier II bonds worth Rs 1,237 crore. The rating revision to the debt instruments of Punjab and Sind Bank (PSB) considers the improvement in profitability in FY25 and better asset quality aided by recoveries and lower incremental slippages, CARE Ratings said in a statement. The rating continues to favourably factor in majority ownership of and demonstrated support from Government of India (GoI), comfortable capitalisation levels supported by multiple equity infusions and accretion of profits, and established presence in northern states of India, it said. PSB is expected to sustain growth in business while maintaining adequate capitalisation and

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

Banks

SECTOR | 22 Aug 2025, 04:28PM

Are Banks Open Or Closed Tomorrow, August 23? Check Holiday List Here

NDTV Profit

Banks remain closed on the second and fourth Saturdays of every month. However, the customers can use online banking and ATM services on the bank holidays.

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

Banks bad loans decline sharply 9.5% y-o-y in Q1FY26, asset quality improves: Care Edge

Business Line | 22 Aug 2025, 11:15AM

Banks

SECTOR | 22 Aug 2025, 11:29AM

Tata Capital IPO: Macquarie Warns On High Valuations And Low Return Ratio

NDTV Profit

Despite high valuation and lower return margins, Macquarie notes that the listing of Tata Capital (third largest NBFC) will have far-reaching implications across the unlisted NBFC sector.

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

This microcap NBFC stock jumps 10% after board nods fundraise via NCDs

Business Standard | 22 Aug 2025, 11:17AM

Banks

SECTOR | 21 Aug 2025, 07:20PM

Tariff impact: Indian banks up scrutiny on exposure risk from export credit

Business Line

Indian banks' outstanding export credit stood at 13,047 crore as on June 27, up 11% y-o-y

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

Banks

SECTOR | 21 Aug 2025, 09:17AM

Bajaj Finance, Cholamandalam Investment, & Shriram Finance Among Jefferies' Top NBFC Picks - Here's Why

NDTV Profit

Jefferies expecting that growth will increase in the non-banking financial space.

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.

Banks

SECTOR | 21 Aug 2025, 05:44AM

Promoters may offload 24% stake in Clean Science for over Rs 2,626.5 crore

Economic Times

Ashok Boob and Krishnakumar Boob, promoters of Clean Science and Technology, are planning to sell a 24% stake in the company through a block deal on exchanges this Thursday. The deal, brokered by JP Morgan India, involves the sale of 2.55 crore shares and could fetch over 2,626.5 crore. The floor price is set at 1,030 per share, a 12.

Deven Choksey released a Top Picks report for Banks on 11 Sep, 2025.