Estimated read time 16 min read
Stock Market News

Private banks now structurally ex-growth, to see continued derating, says Emkay Global; halves weight in model portfolio

The major drivers are structural. Extreme risk aversion from both corporate borrowers and lenders has depressed wholesale loan demand. Disintermediation is intensifying as corporates are [Read more about this post…]

Estimated read time 13 min read
Stock Market News

Kotak Mahindra Bank tanks 13% on RBI whip, mcap dips to ₹3.19 lakh crore; Axis Bank now India’s 4th largest lender

Kotak Mahindra Bank shares have crashed almost 13 per cent since the Reserve Bank of India (RBI) barred the private-sector lender from onboarding any new [Read more about this post…]

Estimated read time 2 min read
Stock Market News

axis bank fundraising: Axis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity

Private sector lender Axis Bank on Wednesday announced that its board has approved the raising of funds worth Rs 55,000 by way of a mix [Read more about this post…]

Estimated read time 4 min read
Stock Market News

axis bank share price: Bain Capital to sell 1.08% stake in Axis Bank on Tuesday

Bain Capital is set to sell 33.37 million shares of Axis Bank worth Rs 3,575 crore on Tuesday through an open market transaction, according to [Read more about this post…]