SynopsisAU Small Finance Bank shares dropped over 6% after the Haryana government de-empanelled the lender from government business due to suspected fraudulent activities. The bank stated it initiated an internal review of two accounts, asserting they were duly opened and compliant with policies. This action follows a similar de-empanelment of IDFC First Bank over a Rs 590 crore fraud. ...

In today’s Markets Daily India, we look at signs of recovery in consumer staples, margin headwinds for banks, and a cash crunch in electronics manufacturers. https://t.co/dsGx0PpGcI ...

战略推进 根据晋商银行2026年工作会议部署，该行将在"十五五"开局之年聚焦服务实体经济、深化改革、风险防 控、人才建设及党建引领五大方向，例如打造"绿色能源+金融"模式、推广供应链服务等。这些举措的 实施进度与成效可能成为市场观察点。 公司状况 股权结构变动：2026年1月，山西金融控股集团有限公司拟将其持有的晋商银行7.15亿股股份（占比约 12.26%）全部转让给山西省财政厅，这意味着山西金控将退出晋商银行股东行列。此次股权调整可能 影响公司治理结构。 经济观察网 基于晋商银行（02558.HK）公开信息，截至2026年2月23日，以下事件可能对股票市场关注 度产生影响，具体包括战略部署、股权结构变化及公司治理动态： 公司高层选举 晋商银行第七届董事会已于2025年12月完成换届选举，新董事会成员包括执行董事郝强等人。新班子的 战略执行及决策效率值得关注。 此外，晋商银行在2025年业绩表现中曾出现净利润下滑、制造业不良贷款率上升等情况，未来资产质量 与盈利能力的改善进展也可能成为焦点。 以上内容基于公开资料整理，不构成投资建议。 ...

Core Viewpoint - IDFC First Bank is facing a significant fraud issue involving Rs 590 crore linked to its Chandigarh branch, with certain employees allegedly involved in fraudulent transactions from accounts associated with the Haryana government [1][9]. Group 1: Fraud Details - The fraudulent transactions amount to Rs 590 crore, and four officials have been suspended pending an internal investigation [1][9]. - The irregularities were discovered when the Haryana government requested the closure of its account and transfer of funds, revealing discrepancies between the bank's records and the amounts reported by government entities [6][9]. - The fraudulent activity is confined to specific government-linked accounts at the Chandigarh branch and does not affect other customers [7][9]. Group 2: Bank's Response - IDFC First Bank plans to take strict disciplinary, civil, and criminal action against the involved employees and external individuals, and has lodged a complaint with police authorities [2][9]. - The bank has sent recall requests to beneficiary banks to lien-mark balances in accounts identified as suspicious and is appointing an independent external agency for a forensic audit [3][9]. Group 3: Market Reaction - Following the revelation of the fraud, shares of IDFC First Bank hit a 15% lower circuit at Rs 71.03 on the BSE, although they closed 0.64% higher at Rs 83.51 on the NSE prior to the announcement [8][9]. - The technical analysis indicates a 14-day Relative Strength Index (RSI) of 50.3, suggesting neutral market conditions [8].

Core Viewpoint - AU Small Finance Bank and IDFC First Bank have been de-empanelled from handling Haryana government business due to alleged fraud, leading to a significant reduction in government deposits with these banks [1][10]. Group 1: De-empanelment Details - The Haryana government issued a notice on 18 February stating that no government funds shall be parked, deposited, invested, or transacted through AU Small Finance Bank and IDFC First Bank [10]. - The de-empanelment was prompted by a fraud investigation involving IDFC First Bank, where four employees are suspected of being involved in a ₹590 crore fraud targeting Haryana government-linked accounts [2][10]. Group 2: Internal Review and Findings - AU Small Finance Bank has initiated an internal review, confirming that the government and customer accounts involved were opened following all applicable KYC checks and internal policies [5][6]. - The internal review found no indication of financial impact or fraudulent activity towards AU Small Finance Bank, with all transactions in the government account being duly authorized and executed [6][7]. Group 3: Financial Impact - As of 17 February, AU Small Finance Bank had total deposits of approximately ₹735 crore from the Haryana government, which decreased to around ₹538 crore by 21 February, representing about 0.4% of the bank's overall deposits as of 31 December [8][10]. - The government account in question was initially credited with ₹25 crore and had about ₹47 crore transferred to a customer account through 14 authorized transactions [7][8]. Group 4: Compliance and Future Actions - AU Small Finance Bank is engaging with the Haryana government to understand the reasons for de-empanelment and is committed to cooperating with authorities [8][10]. - The Haryana government has directed all departments to ensure compliance with fixed deposit terms and to report discrepancies, emphasizing the need for regular audits and reconciliations to maintain financial integrity [10].

Core Insights - 11 A-share banks reported their 2025 performance, showing an average total asset growth rate of 11.32%, with city commercial banks significantly outperforming joint-stock banks in profitability [1][12]. Group 1: Performance Overview - The average growth rate of total assets for the 11 banks was 11.32%, while the average growth rate for operating income was 3.30%, and the average growth rate for net profit attributable to shareholders was 7.83% [1][12]. - Analyst Zheng Qingming from Shenwan Hongyuan Securities predicts that listed banks will exhibit stable revenue with gradually improving profit growth, expecting a 0.9% year-on-year revenue growth and a 1.9% recovery in net profit growth for 2025 [1][13]. Group 2: Joint-Stock Banks Performance - Four joint-stock banks (Shanghai Pudong Development Bank, CITIC Bank, China Merchants Bank, and Industrial Bank) reported total assets exceeding 10 trillion yuan, with Shanghai Pudong Development Bank's total assets reaching 100,817.46 billion yuan, a 6.55% increase from 2024 [2][15]. - Shanghai Pudong Development Bank achieved the fastest net profit growth among joint-stock banks, with a net profit of 500.17 billion yuan, an increase of 10.52% year-on-year [2][15]. Group 3: City Commercial Banks Performance - City commercial banks outperformed joint-stock banks in several metrics, with an average total asset growth rate of 15.1%, operating income growth of 5.73%, and net profit growth of 11% [5][19]. - Qingdao Bank emerged as the fastest-growing bank, with total assets growing by 18.12% to 8149.60 billion yuan and net profit increasing by 21.66% [5][19]. Group 4: Asset Quality and Income - Shanghai Pudong Development Bank reported a decrease in non-performing loans and a decline in the non-performing loan ratio, indicating improved asset quality [3][16]. - Several banks, including Ningbo Bank and Nanjing Bank, reported significant increases in net interest income, with Ningbo Bank achieving a 10.77% increase to 531.61 billion yuan [10][25].

Group 1: IDFC First Bank Fraud Incident - IDFC First Bank Ltd reported a potential fraud involving unauthorized activities amounting to ₹590 crore linked to Haryana Government accounts [1] - The issue was identified following a request for account closure from a Haryana Government department, revealing discrepancies between reported balances and actual funds [1] - The Haryana Government has barred IDFC First Bank and AU Small Finance Bank from handling government business until further notice due to the alleged fraud [2] Group 2: Telecom and IT Sector Developments - Zscaler Inc and Bharti Airtel launched the AI & Cyber Threat Research Centre in India to enhance national cyber resilience and protect critical sectors [3] Group 3: Healthcare Sector Innovations - Take Solutions Ltd integrated advanced AI capabilities powered by Anthropic's Claude to enhance its healthcare platforms, aiming for a shift from reactive to preventive care [4] Group 4: Real Estate Sector Agreements - Prestige Group signed a Definitive Agreement with Bangalore Metro Rail Corporation to co-brand Bellandur Metro Station, investing ₹115 crore for station upgrades [5] - Lodha Developers partnered with Sahana Group to develop projects on over 10 acres in Mumbai [6] Group 5: Infrastructure Projects - Hazoor Multi Projects received a Work Order from Tata Steel for the design and construction of employee housing at TSSIJ, Bileipada [7] - Adani Ports signed a strategic MoU with NMDC Limited and Vale S.A. to enhance cooperation in the India-Brazil business context [8][9] - RPP Infra Projects secured a work order from the Sports Development Authority of Tamil Nadu for establishing a Global Sports City in Chennai valued at ₹205.89 crore [9] Group 6: Energy and Solar Sector Agreements - NHPC approved an investment proposal for the Uri-I Stage-II HE Project in Jammu & Kashmir at an estimated cost of ₹2,708.95 crore [12] - Vikram Solar entered a procurement agreement worth ₹2,000 crore for high-efficiency solar cells [13] Group 7: Corporate Developments - UPL Corporation's credit rating was maintained at 'BB/Stable' post-reorganisation, which transfers its crop protection businesses to a new entity [14] - Himalaya Food International secured product registration with US Foods, enhancing its market presence in North America [15] - R & B Denims Ltd received confirmed sales orders worth approximately ₹215.88 crore for denim fabric products [16] - Pine Labs acquired a 100% stake in Agya Technologies for ₹13.9 crore, enhancing its financial services capabilities [19]

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转自：新华财经 马年新春期间，工行成都分行启动"温暖年"新春敬长周活动。活动聚焦老年客群日常高频生活场景，通过社区食堂满减、网点零钱兑换领立减金等务实举 措，将金融服务嵌入长者"一日三餐"与"家门口"的便民场景。 在成华区一社区食堂，持工行卡用餐可享受每餐立减优惠。居民李婆婆算了一笔账："一个月下来，省出来的钱够再吃好几顿。"工行成都沙河支行与辖内社 区食堂合作的满减活动，让金融优惠直达消费末端。大年初二，在工行网点兑换零钱的王阿姨，也在工作人员指导下现场领到微信立减金。 网点内工作人员细心指导王阿姨领取敬老日权益 突破养老金融落地"最后一公里"，是此次活动的核心目标。在工行总行"工银爱相伴"战略框架下，工行成都分行推出本地化养老金融服务品牌"安颐悦成 都"，以网点为支点，联动街道、社区及银龄友好商户，逐步构建多方协同的区域养老服务生态。 在成都老龄化程度持续加深、银发经济规模快速扩大的背景下，金融机构如何从"适老改造"走向"体系化服务"，已成为普惠金融的重要命题。"这次以社区 为最小单元、以支付优惠为切口的活动就是一次很好的探索。"工行成都分行相关负责人说，该行针对老年客群的服务并非阶段性活动，而是已纳入网 ...

State-run banks are bucking a broader foreign pullback from the country’s equities, drawing inflows as lenders offer better valuations and stronger growth prospects.Foreign investors increased their stake in top state-run lenders including Bank of Baroda, In comparison, global funds sold about Rs.110 billion ($1.2 billion) worth of Indian tech shares in the first half of February, on course for their biggest monthly withdrawal from the sector since August.“These banks have caught up with private banks in di ...