India Financial Daily, 11 May 2026

Research evidence excerpt

India Financial Daily, 11 May 2026

growth (27%, PunjabBottom&PerformersSind Bank Price25 %1d(3.7)

known from pre-qtr) & NIM expansion of 20bps YoY (30bps QoQ). Deposit growth at 21% YoY PrudentMuthootCorporateMicrofin Advisory 2,829201 (3.7)(3.8)

(known). AQ improved with GNPA/ NNPA down 12bps/ 14bps QoQ, while slippages fell 20bps . CityStateUnionBank BankOf India 1,019260 (3.9)(6.7)

Source: Bloomberg, Jefferies; Universe covers financials with

QoQ to 2.5%. MFI collection trends improved over 4Q with X bucket CE at 99.8% (known). (May mkt cap > US$200mn

8, BSE Filing)

Exhibit 4 - Key events/ Mar'26 qtr. results to

Bank of India Mar-26 Qtr results: Bank reported PAT of Rs30bn (+15% YoY), driven by lower watchCalendar outEvents/resultsfor

Bank Credit YoY, Max Financialprovisions. PPoP rose 3% YoY, supported by 11% NII growth but offset by weaker other income. 11-May-202612-May-202615-May-2026 Nuvama Wealth CPI, Wholesale Prices, Trade Balance, Exports, Imports, Unemployment Rate, FX Reserves

Foreign Exchange ReservesLoan growth was healthy at 16% YoY, led by RAM, while deposits rose 14% YoY. AQ improved 21-May-202622-May-202625-May-2026 India PMI Composite, India PMI Mfg, India PMI Services Pine Labs

with GNPA/NNPA declining 28bps/4bps QoQ to 2%/0.6%. Credit costs moderated led by lower . 28-May-202629-May-2026 IndustrialGDP, GVA,ProductionGDP FinancialYoY Year Estimate, Fiscal Deficit YTD INR, Foreign Exchange Reserves

Source: Bloomberg, Jefferies

slippages QoQ. (May 8, BSE Filing)

PB Fintech gets Sebi nod to operate as stockbroker in NSE debt segment: The company

has received regulatory approval from SEBI for its wholly owned subsidiary, PB Marketing &

Consulting Pvt Ltd, to operate as a stockbroker in NSE's debt segment. (May 9, ET)