While India is doing markedly better on inflation, the global factors will have a significant impact on the RBIs policy stance as it will need to balance interest rates and currency to protect the flight of capital from the country.

Banks have benefited largely due to a quick rate transmission under the external benchmark regime and will lose out on net interest margin (NIM) growth in the coming quarters as they are forced to increase deposit rates to fund credit growth here on

ICICI Direct is bullish on Kotak Mahindra Bank recommended buy rating on the stock with a target price of Rs 2175 in its research report dated January 22, 2023.

Motilal Oswal recommended Neutral rating on Kotak Mahindra Bank with a target price of Rs 2000 in its research report dated January 22, 2023.

ET had reported in November 2021 that SAMHI was in talks with distressed assets investor Cerberus Capital to raise Rs 1,000 crore in structured debt. The proceeds would have been used to repay the companys existing loans. At that time, SAMHI had a consolidated debt of about Rs 2,200 crore.

Emkay Global Financial recommended hold rating on Kotak Mahindra Bank with a target price of Rs 2000 in its research report dated January 22, 2023.

Sharekhan is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2250 in its research report dated January 21, 2023.

LKP Research is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2046 in its research report dated January 23, 2023.

Dolat Capital Market is bullish on Kotak Mahindra Bank has recommended buy rating on the stock with a target price of Rs 2200 in its research report dated January 21, 2023.

Yes Bank CEO Prashant Kumar on Saturday said that the bank will challenge the high courts decision while adding that there is no compulsion on the bank to pay interest on or redeem its AT- 1 bonds. He said this while speaking with analysts on Saturday soon after the announcing quarterly results.

Kotak Mahindra Bank Q3: Net interest income surged 30 percent to Rs 5,653 crore in the December quarter against Rs 4,334 crore in the same quarter of the previous year.

Sectorally, buying was seen in power, utilities, banks, and the public sector while selling was seen in telecom, consumer durables, FMCG, and metals.

Oil-to-telecom conglomerate Reliance Industries Ltd's net profit fell 15% to Rs 15,792 crore in the December quarter, while revenue from operations rose 15% to Rs 2.20 lakh crore. The net profit was below the estimates. The weak performance in the oil-to-chemicals (O2C) segment was partly offset by growth in the consumer businesses.

This time around, metal stocks have generally been on the positive side in the last month. So, there is a 60% chance that we are going to see a positive move post the Union Budget. The power sector has been witnessing profit booking since September, pulled down majorly by institutional activity. Institutions have been net sellers to the tune of Rs.1463 crore in the last four months.

The worry is coming from the fact that the deposit growth has been weak. And this has been the case with all the other banks as well, the deposit growth has been weaker which translates into lower CASA ratio for many of them which also means higher cost of borrowing as they go forward and the NIM compression to happen in the subsequent quarters.

The Bank Nifty index too has been trading in a big range where 42000 is acting as a cushion for the bulls and 43000 is acting as a resistance point where the high open integers are built up on the call side.

Net Interest Income (NII) is expected to increase by 23.8 percent Y-o-Y (up 5.2 percent Q-o-Q) to Rs. 5,366.9 crore, according to Prabhudas Lilladher.

The brokerage expects margins to come-off QoQ, but strong credit growth and lower other income base due to heavy treasury loss last year should boost pre-provision operating profit (PPoP) growth. Slippages will remain similar to that in Q2.

The NSE Nifty index closed 57.5 points down at 18107.85

The NSE Nifty index closed 57.5 points down at 18107.85

​Bank Nifty also remains an index which is continuously hitting lower, higher lows and now there is a chance that we should see a breakout happening anytime soon.

The budget should focus on encouraging private investment through tax incentive to accelerate growth. This can include things like tax credits, deductions, exemptions, and other financial incentives to encourage entrepreneurs.

Innova Captab is an integrated pharmaceutical company in India with a presence across the value of the pharmaceutical chain including research and development, manufacturing, drug distribution and marketing, and exports. The company filed preliminary IPO papers with Sebi on July 07, 2022.

“The Reliance stock will be in a range until there is no clarity on how things move going forward. But this is an incredibly interesting business for us. It is one of the most innovative companies in the Nifty50 in terms of technology. I like the business but it is going to take time until the demerger. The sum of the parts is greater than the whole.”

"There are slippages, but it is not overwhelmingly large, like we used to see in the earlier cycle. Coming back specifically to your question, it has to be very bank specific. Potentially, we have to see the merger of HDFC and HDFC Bank being consummated and then we have to see how Kotak would like to take its deposit growth forward."

"In the case of IT, the nature of deals have changed and are now more tilted toward cost take outs which favour largecap IT. So our stance on IT remains somewhat cautious. Of course, valuations have corrected quite sharply and at this point in time we prefer largecap over midcap IT."

An analysis by brokerage house Motilal Oswal said private banks could report profit growth of 28% while the loans could rise upward of 18%. State-run banks, courtesy the lower base, will show optically higher profit growth at 44%.

An analysis by brokerage house Motilal Oswal said private banks could report profit growth of 28% while the loans could rise upward of 18%. State-run banks, courtesy the lower base, will show optically higher profit growth at 44%.

Net Interest Income (NII) is expected to increase by 18.6 percent Y-o-Y (up0.8 percent Q-o-Q) to Rs. 5,140.2 crore, according to Emkay.

The near-maturity rates on NDF and onshore are now almost at par while in the 1-year maturity, the spread - which reflects foreign investors' expectations and usually widens in times of crisis - has declined to about 10 paisa.

A separate Reuters poll of economists expected the government to focus on fiscal consolidation in its budget, the last full one before a 2024 general election, as slowing economic growth would limit it from spending more.

About 53% of advances at Kotak Mahindra Bank are linked to the external benchmark lending rate, followed by HDFC Bank and Axis Bank at 41% each, and SBI at 34%. SBI has a relatively higher proportion of loans linked to MCLR at 41%.