So far in 2025-26, only three banks—Bank of India, Bank of Baroda, and Axis Bank—have tapped infrastructure bonds, raising a total of ₹25,000 crore, as against ₹Rs 94,488 crore raised by 11 lenders a year ago, according to ratings firm Icra Ltd. Source
In December 2025, banks raised a total of ₹1.56 trillion through 176 CD issuances, followed by ₹1.48 trillion in January through 111 CDs and ₹2.67 trillion in February, according to data provided by Prime Database. These are set to mature in the coming months. Source
PSU banking stocks continued to ride the bull run for the third straight session on Wednesday, February 18, even as the broader markets remained range-bound. After rising 2.11% in the previous session, the Nifty PSU Bank index advanced another 1.54% to hit a fresh record high of 9,647, taking its three-day cumulative gain to nearly…
In Q3FY26, banks, including small finance banks (SFBs), exhibited credit growth slightly surpassing Axis Direct’s projections, indicating a widespread lending momentum across different sectors, as stated in the brokerage’s Q3 review of the Banking, Financial Services, and Insurance (BFSI) sector. The brokerage noted that credit increased by 13% year-on-year and 5% quarter-on-quarter, with public sector…
The government, in the Union Budget 2026, proposed a record gross market borrowing of ₹17.2 lakh crore for the next fiscal year, which came in higher than market expectations. The announcement also sent the yield on India’s 10-year G-Sec to a one-year high on 2 February. Though yields have cooled off in the subsequent sessions,…
Axis Bank’s investors heaved a sigh of relief after the lender delivered a strong profit beat for the December quarter (Q3FY26), following several quarters weighed down by one-offs and disappointments. Net profit rose 3% year-on-year to ₹6,490 crore, sharply surpassing estimates that had anticipated a decline. The stock surged over 5% on Tuesday, hitting a…
