UBS maintains a preference for Kotak Mahindra Bank, Axis Bank, Cholamandalam Investment and Finance, and PNB Housing Finance. Events
India's Kotak Mahindra Bank announces first stock split in 15 years Reuters Politics
The government aims to finalise the sale of its stake in IDBI Bank in fiscal year 2026. Economics
Stocks to watch: Kotak Mahindra Bank, Tata Motors PV, Oil India among 10 shares in focus today livemint.com Politics
India's Mahindra & Mahindra exits RBL Bank with $77 million stake sale Reuters Economics
SBI's profit rises on Yes Bank stake sale, margins expand sequentially Reuters Economics
State Bank of India's quarterly profit rises on proceeds from Yes Bank stake sale Reuters Economics
On the asset quality front, the bank showed significant improvement. The Gross Non-Performing Assets (NPA) ratio improved to 1.73% from 1.83% in the previous quarter. Economics
India's SBI posts higher profit on proceeds from Yes Bank stake sale Reuters Economics
Analysts have changed share price targets for several of these companies Politics
Kotak Mahindra Bank's share price fell 2.7% intraday to Rs 2,122 apiece, before recovering some losses. Economics
Jefferies and Morgan Stanley maintained bullish stance, citing better-than-expected net interest income and improving credit quality. Investec, however, retained a 'Hold' rating Events