Khandelwal expects financials to benefit from healthy credit growth and supportive liquidity. The sector is also among the areas he favours over the next six to 12 months as he looks for businesses where earnings upgrades could still be ahead.
SBI is moving some branch staff towards sales and upselling, while HDFC Bank and Axis Bank are using employee capacity and technology differently as more banking moves to digital channels.
The current version, ECLGS 5.0, helps businesses manage short-term liquidity mismatches with loans up to Rs 100 crore for general sectors and Rs 1,500 crore for airlines.
On capital raising, SBI may tap the market with one more tranche of additional tier-1 (AT-1) bonds. The bank will look to replace Rs 6,000-8,000 crore of five-year AT-1 bonds that are maturing.
SBI Chairman says strong FCNR(B) traction could help the lender mobilise around $10 billion under the deposit scheme in FY27
Bajaj Finance has the highest exposure to revolving credit at 15% of AUM, while Cholamandalam has the least at under 1%, IIFL said.
Banks can restrict devices financed through loans only after accounts turn 30 days overdue; wrongful locking or delayed restoration can attract compensation of Rs 250 per hour.
The number of deposit accounts increased 9% from a year ago to 3.28 lakh, indicating continued expansion in the bank's customer base.
Rajiv Kumar said large banks such as HDFC Bank are bound to face issues from time to time, but what matters is resolving them promptly.
HSBC analysts believe the AI-led rotation away from India has "largely played out" and noted that more than 80% of active Global Emerging Market (GEM) funds remain underweight India.
