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Friday, August 28, 2026

HDFC shares drop 2% over CEO uncertainty, legal woes

HDFC Bank CEO Sashidhar Jagdishan’s tenure is set to expire on Oct 26. “There are just 2 months left and there is still no clarity about his extension/renewal. Markets have been worried about succession issues at HDFC Bank for some time now, as a result of which the stock has been weak,” said Suresh Ganapathy, an analyst with Macquarie.

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Thursday, August 27, 2026

Top stocks to buy today: Stock recommendations for August 27, 2026 - check list

Top stock market recommendations: Vedanta, Central Depository Services (India) Ltd (CDSL), and Ashok Leyland - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth has picked these as the top stocks to buy on August 27, 2026. He has shared his views on Nifty and Bank Nifty:

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Wednesday, August 26, 2026

Explained: When it makes sense to take a joint home loan and when it doesn’t

When two earning members of a household apply together for a loan, their combined income can potentially improve loan eligibility and help manage repayment burden more efficiently. Most banks and HFCs reiterate that adding an earning family member as a co-applicant can improve their borrowing eligibility.

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Bank holiday today: Are banks open or closed on August 26? Check state-wise details

Mark your calendars: many bank branches will observe closures on Wednesday, August 26, for the Id-E-Milad and Thiruvonam festivals. Although branches will be closed, customers can still use ATMs and online services. Don’t forget that banks will also shut down for a regular holiday on Sunday, August 30, followed by Raksha Bandhan closures on August 28.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/eCUZdsr
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For global scale banks, EAC-PM seeks mergers

Beyond consolidation, banks need to narrow the credit-deposit gap, mobilise stable low-cost deposits and curb concentration in high-risk unsecured retail loans while expanding credit to MSMEs, infrastructure and green investments. To measure efficiency, the study treated banks as institutions that use resources such as fixed assets, borrowed funds, operating expenses and employee costs to generate loans, deposits, investments and net profits.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sRlEtrd
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