India Financial Daily, 21 July 2026

Research evidence excerpt

India Financial Daily, 21 July 2026

arkets into western, SOUTH INDIAN BANK LTD 46 4%

northern and urban regions. (20 Jul, The Hindu) AxisBottomBankPerformers Price1,256 %1d-5%

HDFC Bank 778 -5%

Aditya Birla Capital targets doubling AUM to Rs3.2tn in 3yrs. Aditya Birla Capital (ABCL) plans CAN FIN HOMES LTD 850 -4%

to double its AUM to Rs3tn over the next 3y, while targeting Rs1tn AUM in its housing finance SpandanaAU SFB Sphoorty Financial 286993 -4%-4%

business within 2-3yrs. It aims to grow Aditya Birla Sun Life Insurance's individual first-year .Source: Bloomberg, Jefferies; Universe covers financials with

mkt cap > US$200mn

premium at over 20% Cagr & continue expanding VNB margins, & accelerating its digital, AI-

led transformation initiatives. (20 Jul, The Hindu) Exhibit 4 - Key events to watch out for in

Jul-26

KVB 1QFY27 PAT rises 45% YoY on healthy NII growth. Karur Vysya Bank reported a net profit 21-Jul-26Calendar 1QFY27Events/resultsResults: MMFS, Bandhan Bank

of Rs7.6bn, up 45% YoY, driven by a 32% rise in NII to Rs14bn. Advances grew 17% YoY, while 22-Jul-2623-Jul-26 1QFY271QFY27 Results:Results: IIB,Go DigitIIFL, NAM

1QFY27 Results: BOB, SHFL, SBIC, KFIN, SBI LIFE

deposits rose 15% YoY. Retail, Agri & MSME (RAM) advances were up 18%, led by a 47% rise in 24-Jul-26 S&PGlobal/HSBCGlobal CompositeIndia ServicesPMI PMISA (Flash),(Flash),S&PForeignGlobalReservePMI Manufacturing SA (Flash), S&P

Results: CIFCjewel loans. Asset quality remained healthy, with GNPA at 0.74% & NNPA at 0.19%. (21 Jul, ET) 25-Jul-2628-Jul-26 1QFY271QFY27IndustrialResults: IDFCF, AUSFB Production NSA Y/Y

30-Jul-26 1QFY27 Results: BAF, LICHF

Results: Aptus, ABCAP

Foreign ReserveIOB targets US$650mn foreign currency deposits by Sep-26. Indian Overseas Bank (IOB) . 31-Jul-26 1QFY27