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Nomura maintains 'Buy' ratings on top Indian banks, including HDFC, Axis, Kotak Mahindra, IndusInd, IDFC First,.
Nomura maintains 'Buy' ratings on major Indian banks despite concerns over deposit sustainability.
KEY POINTS
- RBI Governor confirmed HDFC Bank passed inspection with no governance or conduct issues.
- SEBI has granted a one-time extension for IPO approvals until the end of September 2026.
- Indian Railways approved over Rs 208 crore for Kavach technology to enhance train safety.
COMPANIES
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