Analysts said any migration of low-cost current and savings accounts (CASA) from private lenders is likely to benefit large state-sector banks, particularly "There will be greater scrutiny of government deposits in private sector banks, and some balances could migrate to PSU banks over the medium term, particularly impacting CASA," said Suresh Ganapathy, head of Financial Services Research at Macquarie Capital. "Post-Covid, CASA ratios across the system have already declined by 500-600 basis points from pe ...

Analysts said any migration of low-cost “There will be greater scrutiny of ET had reported that the Haryana government has de-empanelled IDFC First Bank and “We have deep relationships with our government clients. We do not believe this will pose a systemic issue, but we are committed to further strengthening our processes and service standards,” said V Vaidyanathan, Managing Director of IDFC First Bank, on an analyst call.Live EventsMost large private sector banks have meaningful exposure to state and cen ...

Shares of IDFC First Bank tumbled as much as 20% on Monday after the lender disclosed over the weekend that a ₹590-crore fraud had occurred at its Chandigarh branch involving Haryana government-linked accounts, prompting the Reserve Bank of India to step in with assurances that there was no systemic risk.The stock fell sharply in early trade on the National Stock Exchange, slipping nearly 20% intraday to around ₹66.80 per share before trimming some losses.According to the bank, the fraud pertains to a parti ...

Core Insights - The market capitalization of six out of the ten most-valued companies increased by Rs 63,478.46 crore last week, driven primarily by strong performances from Larsen & Toubro and State Bank of India [4] - The broader market saw a modest increase, with the BSE Sensex rising by 187.95 points, or 0.22% during the week [4] Company Performance - Larsen & Toubro led the weekly gains, adding Rs 28,523.31 crore to reach a market valuation of Rs 6,02,552.24 crore [4] - State Bank of India experienced a significant rise, with its market capitalization increasing by Rs 16,015.12 crore to Rs 11,22,581.56 crore [4] - HDFC Bank's valuation rose by Rs 9,617.56 crore, bringing its total to Rs 14,03,239.48 crore [4] - Life Insurance Corporation of India (LIC) added Rs 5,977.12 crore, pushing its market worth to Rs 5,52,203.92 crore [4] - Bajaj Finance's market capitalization climbed by Rs 3,142.36 crore to Rs 6,40,387 crore [4] - Reliance Industries saw a marginal increase of Rs 202.99 crore, taking its total valuation to Rs 19,21,678.78 crore [4] Declines in Market Value - Bharti Airtel recorded the largest decline, with its market capitalization dropping by Rs 15,338.66 crore to Rs 11,27,705.37 crore [4] - ICICI Bank followed with a decrease of Rs 14,632.10 crore, bringing its valuation to Rs 9,97,346.67 crore [4] - Infosys lost Rs 6,791.58 crore in market value, resulting in a total of Rs 5,48,496.14 crore [3][4] - Tata Consultancy Services (TCS) slipped by Rs 1,989.95 crore to a market valuation of Rs 9,72,053.48 crore [3][4]

Market Overview - The 30-share BSE Sensex increased by 187.95 points, or 0.22 percent, over the past week [1] Company Valuations - The market valuation of Larsen & Toubro rose by Rs 28,523.31 crore to Rs 6,02,552.24 crore [2][6] - State Bank of India (SBI) added Rs 16,015.12 crore to reach Rs 11,22,581.56 crore [2][6] - HDFC Bank's valuation climbed by Rs 9,617.56 crore to Rs 14,03,239.48 crore [2][6] - Life Insurance Corporation of India (LIC) increased by Rs 5,977.12 crore to Rs 5,52,203.92 crore [2][6] - Bajaj Finance's market capitalisation advanced by Rs 3,142.36 crore to Rs 6,40,387 crore [4][6] - Reliance Industries' valuation went up by Rs 202.99 crore to Rs 19,21,678.78 crore [4][6] Declines in Valuation - Bharti Airtel's market capitalisation fell by Rs 15,338.66 crore to Rs 11,27,705.37 crore [5][6] - ICICI Bank's valuation decreased by Rs 14,632.10 crore to Rs 9,97,346.67 crore [6] - Infosys' market capitalisation declined by Rs 6,791.58 crore to Rs 5,48,496.14 crore [6] - Tata Consultancy Services (TCS) dipped by Rs 1,989.95 crore to Rs 9,72,053.48 crore [6] Top Valued Firms - Reliance Industries remains the most-valued firm, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India, and Infosys [6]

Core Insights - The combined market valuation of six of the top-10 valued firms increased by ₹63,478.46 crore last week, with Larsen & Toubro and State Bank of India being the primary contributors [1][2]. Group 1: Gainers - Larsen & Toubro's market valuation rose by ₹28,523.31 crore, reaching ₹6,02,552.24 crore [2]. - State Bank of India's valuation increased by ₹16,015.12 crore, totaling ₹11,22,581.56 crore [2]. - HDFC Bank's market capitalization climbed by ₹9,617.56 crore to ₹14,03,239.48 crore [3]. - Life Insurance Corporation of India's valuation edged up by ₹5,977.12 crore, reaching ₹5,52,203.92 crore [3]. - Bajaj Finance's market cap advanced by ₹3,142.36 crore to ₹6,40,387 crore [3]. - Reliance Industries' valuation increased by ₹202.99 crore, totaling ₹19,21,678.78 crore [3]. Group 2: Losers - Bharti Airtel's market capitalization fell by ₹15,338.66 crore to ₹11,27,705.37 crore [3]. - ICICI Bank's valuation decreased by ₹14,632.10 crore, bringing it down to ₹9,97,346.67 crore [3]. - Infosys' market cap declined by ₹6,791.58 crore to ₹5,48,496.14 crore [4]. - Tata Consultancy Services' valuation dipped by ₹1,989.95 crore, totaling ₹9,72,053.48 crore [4]. Group 3: Market Overview - The BSE Sensex rose by 187.95 points, or 0.22 percent, over the past week [1]. - Reliance Industries remains the most-valued firm, followed by HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India, and Infosys [4].

Core Insights - The article highlights the current fixed deposit (FD) interest rates offered by small finance banks, private sector banks, and public sector banks, indicating that small finance banks provide some of the highest rates in the sector, with returns reaching up to 7.90% per annum for select tenures [2][9]. Small Finance Banks - Small finance banks are offering competitive FD interest rates, with the highest rate being 7.90% per annum for a tenure of 5 years at Suryoday Small Finance Bank [2][3]. - Other notable rates include: - Jana Small Finance Bank: 7.77% for tenures above 3 years to 5 years [3]. - Equitas Small Finance Bank: 7.20% for 888 days [3]. - AU Small Finance Bank: 7.10% for a tenure of 30 months to 36 months [3]. Private Sector Banks - SBM Bank India offers the highest FD interest rate of 7.30% per annum for a tenure above 18 months to less than 2 years and 3 days [4][9]. - Bandhan Bank and RBL Bank both provide a rate of 7.20% for tenures of 18 months to less than 3 years [4][9]. - Other rates include: - Axis Bank: 6.45% for tenures from 15 months to 10 years [5]. - DCB Bank: 7.15% for a tenure of 60 months to 61 months [6]. Public Sector Banks - Punjab & Sind Bank offers the highest interest rate of 6.75% for a tenure of 666 days [7][9]. - Bank of India provides an FD interest rate of 6.70% for a tenure of 450 days [7][9]. - Other notable rates include: - Bank of Maharashtra: 6.65% for a tenure of 400 days [8]. - Canara Bank: 6.50% for a tenure of 555 days [8].

Equity benchmark indices Sensex and Nifty began the trade on a negative territory on Wednesday (February 18, 2026), tracking losses in IT and Services stocks in a volatile session. After a bearish start, the 30-share BSE Sensex further declined 247.92 points, or 0.30%, to 83,203.04. The 50-share NSE Nifty dropped 70.25 points, or 0.27%, to 25,655.15. Among the Sensex constituents, Infosys, Tech Mahindra, Adani Ports, HCL Technologies, Tata Consultancy Services, Eternal, Maruti Suzuki India, Asian Paints, Tr ...

Speaking to ET Now, Bandyopadhyay said the valuation gap between PSU banks and private lenders remains significant and could narrow further, making current levels still attractive for long-term investors.PSU banks: Valuation gap yet to closeDespite the recent surge in the PSU Banking Index, Bandyopadhyay believes the re-rating story is not over.“There is still a meaningful valuation gap between PSU banks and private peers. I am not saying they will command the same valuation multiples as He highlighted Liv ...

Bank of Baroda, Bank of India, Of the 17,350 ATM contracts currently in the request-for-proposal (RFP) stage across banks, about 7,800 are structured around fixed payment models, underscoring the industry's pivot towards cost stability and long-term service alignment."Most of the contracts now being awarded are on fixed-price models, as banks have realised that if they want assured quality, consistency, and clearly defined outcomes from their partners, a fixed-fee structure works far better than a transact ...