HDFC Bank posted a 9% year-on-year rise in net profit to ₹19,221 crore for Q4FY26, alongside net interest income of ₹33,281.5 crore, up 3.8% from ₹32,066 crore in the same quarter last year. The board declared a dividend of ₹13 per share. NII growth, the spread between what the bank earns on loans and pays on deposits, reflects modest but steady lending margin expansion even as rate cycle pressures persist across Indian banking. The 3.8% NII gain is measured relative to a high base and signals that HDFC Bank's post-merger integration with erstwhile HDFC Ltd continues to work through its balance sheet. Profit growth outpacing NII suggests improvement in non-interest income or cost containment, though the source article does not detail those line items. Investors will focus on loan growth trajectory, deposit mobilization costs, and any guidance on margin compression ahead, particularly as the Reserve Bank of India's rate environment evolves through FY27.
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.
