JPMorgan Chase CEO Jamie Dimon has warned that the next credit crisis will be worse than most market participants currently anticipate, a signal that carries weight given his track record through prior downturns. The warning lands alongside a fresh round of major bank earnings that offer concrete data points on where stress is building across the credit landscape. Big bank results have revealed rising delinquency rates in consumer credit, particularly in credit cards and auto loans, alongside increased loan loss provisions, a mechanical indicator that lenders are pricing in higher default risk ahead. Net interest margins, which expanded sharply during the rate-hiking cycle, are now compressing as funding costs rise and loan demand softens. The combination of tightening credit conditions, elevated consumer leverage, and a slowing jobs market creates the transmission path Dimon appears to be flagging. Investors and credit analysts will watch Q3 provision builds, charge-off trajectories, and forward guidance from regional banks, which carry heavier consumer and commercial real estate exposure, as the clearest early indicators of whether the cycle is turning faster than consensus expects.
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.
