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China's financial watchdogs are tightening credit standards, prompting investors to re-evaluate their bond holdings for potential downgrades. This move aims to curb the unusually high number of top-rated AAA issuers, a situation exposed by recent corporate defaults. The People's Bank of China is reportedly introducing new metrics, potentially impacting issuers with wider yield spreads. This scrutiny could shake up the domestic bond market and test its recent rally.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/kQYXR47
Stock market recommendations: TVS Motor Company, and Vijaya Diagnostic Centre are the top stock recommendations by Sudeep Shah, Head - Technical Research and Derivatives, SBI Securities for the June 29-July 3, 2026 week. The analyst has also shared his views on Nifty and Bank Nifty:
Starting July 1, 2026, several financial changes will affect you. Income tax filing deadlines are set, and updating your Aadhaar email becomes free for a period. Expect shifts in SBI Card rewards and HDFC Bank credit card lounge access eligibility. Passport fees are rising, and new RBI rules will protect bank customers from mis-sold financial products, ensuring refunds and compensation.
India's debt market requires urgent structural reforms to fund its ambitious economic growth, warns Deloitte. The report highlights that relying solely on bank deposits is no longer viable as household savings shift. To achieve its $7.3 trillion economy target by 2030, the market needs greater depth, liquidity, and integration to efficiently bridge the rising capital gap and support national economic aspirations.
Kotak Mahindra Bank's CEO, Ashok Vaswani, will not seek reappointment after his term ends December 31, 2026, citing personal reasons. The bank has initiated the process to find a successor. Vaswani, who took charge in January 2024, aims to elevate the bank's standing amidst a period of regulatory review and growth acceleration. The bank recently reported a 13% net profit increase for Q4 FY26.
