Not just that, leading banks such as State Bank of India, Why banks are opting for physical verification of customers for account openingMany banks are implementing physical inspections and requiring branch or home visits by relationship managers for clients wishing to open bank accounts online in order to avoid identity theft and mule account openings, as per the Economic Times report.Also read: For banks that were digitising nearly every service and streamlining procedures with a single click, this is a k ...

Key Takeaways EM equities lead developed markets in 2025 on improving conditions and valuation discounts.IBN benefits from rising digital adoption and stronger loan demand across key EM regions.TSM and MELI gain from supply-chain shifts, manufacturing growth and expanding e-commerce demand.Emerging-market (EM) economies today present a compelling alternative to developed markets, and recent data offers a fresh lens. Going by the International Monetary Fund’s (IMF) October 2025 update, emerging and developin ...

Investors interested in Banks - Foreign stocks are likely familiar with Toronto-Dominion Bank (TD) and ICICI Bank Limited (IBN) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and es ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...

AUSTIN, Texas, Dec. 08, 2025 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The Stock2Me Podcast showcases a diverse lineup of companies and individuals who are transforming traditional business practices within their i ...

Core Viewpoint - ICICI Bank Limited (IBN) shows potential for significant upside, with a mean price target of $40 indicating a 30.8% increase from the current price of $30.58 [1] Price Targets and Analyst Estimates - The mean estimate consists of four short-term price targets with a standard deviation of $1.41, indicating a consensus among analysts [2] - The lowest estimate is $39.00, suggesting a 27.5% increase, while the highest estimate is $42.00, indicating a 37.3% increase [2] - Analysts' price targets can be misleading, as they may not accurately reflect the stock's future price movements [7][10] Earnings Estimates and Analyst Agreement - There is strong agreement among analysts regarding IBN's ability to report better earnings, which supports the potential for stock upside [4][11] - Over the last 30 days, two earnings estimates have been revised higher, leading to a 1.3% increase in the Zacks Consensus Estimate [12] - IBN holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Conclusion on Price Movement - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a useful guide for the direction of price movement [14]

Core Insights - The wealth management market in India for high-net-worth individuals (HNWIs) is expanding, driven by economic growth and an increase in the number of young and affluent individuals, including those from outside major cities [5][6][7] - There is a growing interest among HNWIs in alternative investment funds (AIFs) for portfolio diversification, alongside an increasing demand for personalized asset management services [5][10] - The establishment of family offices is becoming more common as ultra-high-net-worth individuals (UHNWIs) seek to manage and grow family assets, shifting focus from asset preservation to asset appreciation [5][23][28] - Local banks are enhancing their private banking services for HNWIs, while foreign financial institutions are expanding their offerings for UHNWIs and family offices, with increased collaboration between local and foreign entities [5][30] Group 1: Overview of the Indian HNWI Market - The number of HNWIs in India is projected to grow from 798,000 in 2022 to 1.657 million by 2027, with ultra-HNWIs expected to increase from 13,000 in 2023 to 20,000 by 2028 [7][8] - The financial assets of the top 4-5% of households in India are estimated to grow from approximately $1.1 trillion in 2024 to about $2.3 trillion by 2029 [7][8] - The demographic of HNWIs is shifting, with a notable increase in individuals aged 30-40, and predictions suggest that the proportion of HNWIs under 30 will rise from 15% to 25% by 2030 [7][8] Group 2: Asset Management Trends Among HNWIs - HNWIs in India typically adopt a diversified investment strategy, with a portfolio composition of 39% in stocks, 20% in bonds, 19% in real estate, and 10% in commodities [11][12] - There is a rising interest in AIFs, which are regulated by the Securities and Exchange Board of India (SEBI), with a total of 1,526 AIFs as of March 2025 [12][13] - Approximately 70% of HNWIs are now considering ESG factors in their investment strategies, with 20% having over 20% of their portfolios in ESG-related assets [13][15] Group 3: Growth of Family Offices - The number of family offices in India has increased to around 300 in 2023, with an estimated total AUM of $30 billion in 2024 [24][28] - The trend of establishing family offices is driven by the need for professional asset management and the generational transition of wealth, with predictions indicating that 50% of HNWIs will inherit assets by 2030 [24][28] - Prominent families, such as those of Wipro and Tata Group, have established family offices to manage their wealth effectively [25][26] Group 4: Financial Institutions' Strategies - Local banks like ICICI and Kotak Mahindra are enhancing their private banking services, with ICICI's AUM reaching $67 billion and Kotak's AUM at ₹9.3 trillion as of March 2025 [31][35] - Foreign banks such as Standard Chartered and Barclays are expanding their private banking operations, focusing on UHNWIs and family offices, with Barclays aiming to quadruple its AUM in Asia [37][39] - The collaboration between local and foreign financial institutions is increasing, allowing for a more comprehensive service offering to HNWIs and UHNWIs [44]

Core Viewpoint - The comparison between Canadian Imperial Bank (CM) and ICICI Bank Limited (IBN) indicates that CM presents a better value opportunity for investors at this time due to stronger earnings outlook and more attractive valuation metrics [1][3][7]. Valuation Metrics - CM has a forward P/E ratio of 12.83, while IBN has a forward P/E of 19.62, suggesting that CM is undervalued compared to IBN [5]. - The PEG ratio for CM is 1.36, compared to IBN's PEG ratio of 1.46, indicating that CM has a more favorable growth outlook relative to its valuation [5]. - CM's P/B ratio stands at 1.91, whereas IBN's P/B ratio is 2.75, further supporting the notion that CM is more attractively priced [6]. Earnings Outlook - CM has a Zacks Rank of 2 (Buy), reflecting a stronger improvement in its earnings outlook compared to IBN, which has a Zacks Rank of 4 (Sell) [3][7]. - The estimate revision activity for CM has been more favorable, reinforcing its position as the superior option for value investors [7].

Core Points - The Finance Ministry has authorized 19 private sector banks to accept deposits under the Capital Gains Account Scheme, expanding options beyond public sector banks and IDBI Bank [1][2] - The new regulations include provisions for capital gains from the transfer of assets when shifting industrial undertakings to Special Economic Zones (SEZs) [3] - The Capital Gains Account Scheme allows for tax exemptions on long-term capital gains when reinvesting in specified assets within certain timeframes [4] Summary by Sections Authorized Banks - The following banks are now permitted to accept deposits under the Capital Gains Account Scheme: HDFC Bank, ICICI Bank, Axis Bank, City Union Bank, DCB Bank, Federal Bank, IDFC FIRST Bank, IndusInd Bank, Jammu and Kashmir Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, RBL Bank, South Indian Bank, Yes Bank, Dhanlaxmi Bank, Bandhan Bank, CSB Bank, and Tamilnad Mercantile Bank [2] Deposit Account Types - There are two types of deposit accounts: - **Account-A**: Savings deposit with flexible withdrawals and interest rates applicable to savings accounts [5] - **Account-B**: Term deposit with options for cumulative or non-cumulative deposits, with withdrawals allowed only after the deposit period [6] Capital Gain Term Deposit Account - The Capital Gain Term Deposit account requires a minimum deposit of ₹1,000, with no maximum limit, and a maximum tenor of 2 to 3 years from the date of asset transfer [7] - The minimum tenor for maturity is 7 days, and for income options, it is 6 months, after which the fixed deposit will be auto-closed [7] Penalties and Restrictions - A penalty of 1% interest will be charged for premature withdrawals, and no loan facilities can be availed against this deposit [8]

Core Insights - Nightfood Holdings Inc. is transforming hotel operations through AI-powered robotics and strategic acquisitions, positioning itself as a leader in the hospitality technology sector [2][4][10] Company Overview - Nightfood Holdings is focused on developing and deploying AI-powered automation, with its initial entry into the hospitality sector through a Robotics-as-a-Service (RaaS) platform [8][10] - The company is pursuing a vertically integrated model, which includes acquiring asset-rich real estate, starting with hotel acquisitions that serve as deployment sites for robotics testing [9][10] Strategic Evolution - The company has recently undergone a strategic evolution, taking over and rolling up five companies, with plans to acquire additional hotel assets [4][6] - Nightfood's operational expertise in hospitality provides a competitive advantage over tech-first competitors, allowing for a focus on solving real-world problems [5][6] Market Position and Growth Potential - The global service robotics industry is projected to exceed $170 billion by 2030, presenting significant growth opportunities for Nightfood Holdings [10] - The combination of robotics innovation and real estate growth positions Nightfood to capture market share in this rapidly expanding industry [10]