HDFC Bank reported an 8.04 per cent rise in consolidated net profit to ₹20,350.76 crore for the March quarter, while simultaneously flagging near-term credit risks tied to the West Asia conflict for a segment of its small-business borrowers. The bank, India's largest private-sector lender, is signaling that geopolitical stress in the region could affect repayment capacity in a specific borrower cohort, even as headline earnings remained strong. The transmission mechanism is credit quality: small-business borrowers with exposure to trade flows, remittances, or supply chains linked to West Asia could face cash flow pressure if the conflict escalates or oil prices rise sharply. Markets this week will be navigating the intersection of US-Iran developments, oil price volatility, and Q4 earnings season. HDFC Bank's caution on a subset of its book adds a domestic credit-risk dimension to what is otherwise a strong earnings print, and signals that lenders with similar SME exposure may follow with comparable disclosures.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
