Tesla, BYD and Vinfast Set Sights on India as Global EV Markets Slow

With global electric vehicle (EV) markets like China and Europe nearing saturation, major players such as Tesla, BYD, and Vinfast are turning to India, where EV adoption remains in its early stages. India’s low penetration of electric passenger vehicles and improving infrastructure present a significant growth opportunity.

While domestic brands focus on mass-market EVs, global giants are targeting the premium segment. BYD is expanding aggressively, Vinfast is setting up local assembly, and Tesla is exploring entry strategies amid evolving government policies.

Global EV Giants Eye India as New Growth Frontier

As electric vehicle (EV) markets in China, Europe, and the U.S. show signs of saturation, leading global manufacturers are shifting their focus to India—one of the few remaining high-growth markets.

With EV penetration still below 3% and charging infrastructure in its early stages, international brands are viewing India as a crucial market for future expansion.

To establish a foothold, these companies are taking a two-pronged approach—targeting either the mass market or premium segments. Domestic players such as Tata Motors and JSW MG Motor are catering to price-sensitive consumers, while global giants like BYD, Tesla, and Vinfast are positioning themselves in the high-end EV space.

Government Policies and Local Expansion in EV Sector

To encourage foreign investment, the Indian government has introduced measures to make the market more attractive for global players.

Under the Scheme for Manufacturing Electric Cars, automakers investing $500 million in local production will be eligible for reduced import duties of 15% on EVs priced above $35,000 for five years. This policy aims to drive foreign manufacturers toward setting up domestic production facilities.

Taking advantage of this initiative, BYD has expanded to 40 showrooms across India

Similarly, Vinfast is setting up a new manufacturing facility in Thoothukudi, Tamil Nadu, to locally assemble its upcoming premium models.

Meanwhile, Tesla plans to introduce its EVs through showrooms in Mumbai and Delhi, but its long-term strategy hinges on further tariff reductions and favourable investment conditions.

Conclusion

India’s growing EV market presents a significant opportunity for global players as established markets slow down. With government incentives and rising consumer interest, companies like Tesla, BYD, and Vinfast are making strategic moves to establish their presence.

While BYD expands its retail network and Vinfast sets up local assembly, Tesla’s entry remains dependent on further tariff adjustments. As infrastructure develops and policies evolve, India is poised to become a key battleground for premium EV manufacturers in the coming years.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Best Artificial Intelligence Stocks in March 2025 Based on 5Y CAGR: Persistent, Tanla and More

AI technology is rapidly transforming key sectors in India, including defence, telecom, healthcare, and finance. In defence, AI enhances surveillance, cybersecurity, and autonomous systems.

Telecom companies leverage AI for network optimisation, predictive maintenance, and customer service automation.

In a recent development, India’s Secretary (Telecom) recently visited the UK to engage with the Department of Science, Innovation and Technology (DSIT), exploring AI collaborations in next-gen telecom. This initiative further fosters advancements in AI-driven solutions across critical industries.

With these ongoing developments in the AI sector, let’s take a look at the top AI stocks in March 2025 based on their 5-year CAGR performance.

Top 10 AI Stocks Based on 5 Yr CAGR 

Name Sub-Sector Market Cap (₹ Cr) PE Ratio 5Y CAGR (%)
Persistent Systems Ltd Software Services 88,025.66 80.5 73.95
KPIT Technologies Ltd IT Services & Consulting 35,582.83 59.85 71.95
Tanla Platforms Ltd Software Services 6,635.29 12.1 45.04
Tata Elxsi Ltd Software Services 37,123.83 46.86 43.01
Mastek Ltd IT Services & Consulting 7,540.23 25.11 41.95
Zensar Technologies Ltd IT Services & Consulting 17,968.39 27.02 39.73
Intellect Design Arena Ltd Software Services 10,058.69 31.32 38.47
Birlasoft Ltd IT Services & Consulting 13,187.55 21.14 36.97
Coforge Ltd IT Services & Consulting 50,129.41 62.04 32.23
Affle (India) Ltd Advertising 21,702.36 73.01 28.56

Note: The best artificial intelligence sector stocks in India are sorted based on 5-year CAGR as of February 24, 2025.

Overview of Top 5 Artificial Intelligence Stocks

1. Persistent Systems Ltd

Persistent Systems achieved its 19th consecutive quarter of revenue growth in Q3 FY25, reporting a 4.3% quarter-on-quarter and 19.9% year-on-year increase. This growth reflects the success of its AI-led, platform-driven services strategy.

Further advancing its innovation efforts, Persistent filed over 20 patents related to SASVA, its AI-powered software development platform. Additionally, its co-developed ContractAssIst solution, built using Microsoft 365 Copilot, gained industry recognition.

Key metrics:

  • Return on Capital Employed (ROCE): 28.81%
  • Return on equity (ROE): 24.51%

2. KPIT Technologies Ltd

KPIT Technologies reported a 20.4% year-on-year increase in consolidated net profit, reaching ₹187 crore in Q3 FY25. This growth was primarily driven by a 17.4% rise in revenue.

The company is making significant investments in AI technologies tailored specifically for the automotive industry. By leveraging automotive-focused data.

Key metrics:

  • ROCE: 33.08%
  • ROE: 31.08%

3. Tanla Platforms Ltd

Tanla Platforms Ltd reported a 15.4% year-on-year decline in net profit, reaching ₹118.5 crore in Q3 FY25. The company’s revenue from operations saw a marginal dip of 0.2%, standing at ₹1,000.4 crore compared to ₹1,002.6 crore in the same quarter last year.

At the operational level, EBITDA fell by 15.3% to ₹163.4 crore, down from ₹192.9 crore in Q3 FY24. The decline in earnings reflects ongoing challenges in the business environment, impacting profitability despite stable revenues.

Key metrics:

  • ROCE: 34.55%
  • ROE: 31.7%

4. Tata Elxsi Ltd

Tata Elxsi reported a 3.59% decline in net profit to ₹199 crore despite a 2.72% rise in revenue to ₹939.17 crore in Q3 FY25 over Q3 FY24. On a sequential basis, net profit fell by 13.26%, while revenue declined by 1.66%.

Tata Elxsi is a global leader in design and technology services, leveraging artificial intelligence (AI) across industries such as automotive, healthcare, and communications.

Key metrics:

  • ROCE: 39.03%
  • ROE: 34.51%

5. Mastek Ltd

Mastek reported ₹869.5 crore in revenue for the quarter ending December 31, 2024, reflecting a 10.9% year-on-year growth, while sequential growth remained modest at 0.2%.

The company continues to prioritise AI integration to improve service delivery and client solutions, with plans to expand its AI-driven platforms and offerings in the coming year.

Key metrics:

  • ROCE: 16.82%
  • ROE: 15.55%

Best Artificial Intelligence Stocks Based on Net Margin 

Name Market Cap (₹ Cr) Net Profit Margin (%)
Oracle Financial Services Software Ltd 72,995.62 33.05
Tata Elxsi Ltd 37,123.83 21.56
Affle (India) Ltd 21,702.36 15.65
Tanla Platforms Ltd 6,635.29 13.81
L&T Technology Services Ltd 54,242.18 13.23

Note: The best artificial intelligence sector stocks in India are sorted based on net margin as of February 24, 2025.

Best Artificial Intelligence Stocks Based on Debt-to-Equity 

Name Market Cap (₹ in crore) Deb-to-Equity (X)
Sonata Software Ltd 11,430.69 0.54
Mastek Ltd 7,540.23 0.25
Coforge Ltd 50,129.41 0.19
Cyient Ltd 15,028.98 0.17
KPIT Technologies Ltd 35,582.83 0.15

Note: The best artificial intelligence sector stocks in India are sorted based on the Debt-to-Equity ratio as of February 24, 2025.

Conclusion

The increasing adoption of artificial intelligence is driving significant developments across various industries in India, including software services, IT consulting, and automation. Companies such as Persistent Systems, KPIT Technologies, Tata Elxsi, and others are actively integrating AI into their solutions, contributing to innovation and efficiency.

The analysis of AI-focused companies based on 5-year CAGR, net margins, and debt-to-equity ratios provides insights into their performance trends. As AI continues to evolve, its impact on multiple sectors is expected to grow, shaping the future of technology-driven advancements.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Tamil Nadu’s New Online Gaming Rules Spark Debate Over Need for National Regulation

India’s online gaming industry has witnessed exponential growth in recent years, driven by increased internet penetration, affordable smartphones, and a rising number of digital payment users. However, this rapid expansion has also brought regulatory challenges, particularly concerning real-money gaming and online gambling.

While skill-based gaming, such as fantasy sports, rummy, and poker, has been legally recognised in some jurisdictions, many states have attempted to impose blanket bans on all forms of real-money gaming due to concerns over gambling addiction, financial losses, and social harm.

Let’s delve into the complexities of India’s online gaming regulations, exploring how different states are navigating the fine line between skill-based gaming and gambling concerns.

Tamil Nadu’s Online Gambling Law

The Tamil Nadu government recently issued new regulations under the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Act, 2022 to tighten oversight on real-money online gaming.

The Tamil Nadu Gaming and Police Laws (Amendment) Act, 2021 initially imposed a blanket ban on all online games, including skill-based ones. However, this was struck down as unconstitutional in the Junglee Games India Private Limited vs. State of Tamil Nadu case.

In response, the state set up a five-member committee, to propose a new regulatory framework. This led to the Tamil Nadu Prohibition of Online Gambling and Regulation of Online Games Act, 2022, which aims to curb gambling while regulating online games.

New Rules for Real Money Online Games

On February 7, 2025, the Tamil Nadu Governor approved additional regulations targeting real money online gaming platforms. The Tamil Nadu Online Gaming Authority (TNOGA) will oversee the enforcement of these rules, which include:

  1. Mandatory KYC Verification: Players must complete Aadhaar-based identity verification with an OTP authentication during account creation.
  2. Age Restriction: Individuals below 18 years are prohibited from participating in real-money online games.
  3. Gameplay Limits: Players will receive cautionary pop-ups every 30 minutes to track their gaming duration.
  4. Spending Controls: Users can set daily, weekly, and monthly deposit limits, with notifications alerting them to spending levels.
  5. Restricted Gaming Hours: No access to gaming platforms between 12:00 AM and 5:00 AM IST to curb excessive gameplay.
  6. Addiction Warnings: Platforms must prominently display messages warning players about the addictive nature of online gaming.

Implications of the New Regulations

Tamil Nadu’s latest regulatory action reflects its intent to curb excessive gaming, prevent financial exploitation, and address addiction concerns. However, with different states enforcing varying gaming laws, businesses operating across India face complex compliance challenges.

Why India Needs a Centralised Gaming Regulation?

India’s online gaming industry is expanding rapidly, yet inconsistent state-wise regulations pose legal and operational hurdles for companies. The lack of uniform national laws creates uncertainty for gaming platforms, discourages investment, and increases compliance costs.

Additionally, the 28% GST on online gaming has already strained industry finances, prompting legal disputes over tax compliance. A centralised regulatory framework could offer much-needed clarity, balancing consumer protection with industry growth.

Conclusion

Tamil Nadu’s new online gaming regulations highlight the growing need for a uniform legal framework to address concerns over gambling addiction, financial risks, and regulatory inconsistencies across states.

While the state aims to protect users through stricter controls, the lack of a centralised policy creates operational challenges for gaming platforms. A nationwide regulatory approach could ensure balanced oversight, fostering both consumer protection and industry growth.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mahila Samriddhi Yojana: CM says Working on ₹2,500 Monthly Scheme for Women, Guidelines Expected Soon

Newly appointed Delhi Chief Minister Rekha Gupta reaffirmed her commitment to implementing the Mahila Samriddhi Yojana, which promises ₹2,500 per month to eligible women in the capital, as per news reports.

Speaking at a press conference on February 23, Delhi Chief Minister Rekha Gupta addressed concerns over the scheme’s execution amid financial constraints. She acknowledged the financial challenges inherited from the previous administration but assured that the government is actively working on finalising the scheme’s details.

When will the Mahila Samriddhi Yojana be Implemented?

CM Rekha Gupta claimed that upon reviewing the state’s financial situation, her administration found the government exchequer to be empty. This is creating hurdles for new welfare initiatives.

Despite these challenges, she assured that the government remains committed to fulfilling its promises, including the ₹2,500 monthly financial assistance under the Mahila Samriddhi Yojana.

Mahila Samriddhi Yojana: Eligibility Criteria and Expected Release Timeline

Gupta emphasised that discussions with government officials are ongoing to finalise the scheme’s framework. Several meetings have been held to assess the financial feasibility and develop an efficient rollout plan.

While no specific date for implementation was announced, the government is expected to release official guidelines in the coming weeks, as per news reports.

Conclusion

Despite financial challenges, the Delhi government under CM Rekha Gupta remains committed to launching the Mahila Samriddhi Yojana. Further details on eligibility, funding sources, and the application process are expected soon.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Mahila Samriddhi Yojana: Delhi Women to Receive ₹2,500 by March 8, Announces Rekha Gupta

Mahila Samriddhi Yojana is a financial assistance initiative designed to empower women in Delhi by supporting their economic well-being. In the lead-up to her oath-taking ceremony last week, Chief Minister-designate Rekha Gupta announced that eligible women in Delhi will receive ₹2,500 under the scheme by March 8.

The scheme is expected to benefit a large number of women across the capital. Here’s a closer look at the announcement, and how the funds will be disbursed.

Mahila Samriddhi Yojana Eligibility Critera

While the exact eligibility criteria for the Mahila Samriddhi Yojana would depend on official government guidelines, based on similar financial assistance schemes, the likely criteria could include:

  1. Residency – The beneficiary must be a resident of Delhi.
  2. Gender – The scheme is exclusively for women.
  3. Age Limit – There may be an age criterion, such as 18 years and above.
  4. Income Criteria – The scheme may be targeted at economically weaker sections, requiring applicants to have a household income below a certain threshold.
  5. Bank Account – Women must have a bank account linked to Aadhaar for direct benefit transfer (DBT).

Conclusion

The Mahila Samriddhi Yojana aims to provide financial assistance to eligible women in Delhi, reinforcing economic empowerment and social welfare. With ₹2,500 set to be disbursed by March 8, the initiative is expected to benefit a large number of women across the capital. Further details on eligibility, the application process, and fund distribution are awaited from the authorities.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bandhan Bank Shares Gain for 4th Consecutive Session on Feb 24, 2025– What’s Driving the Rally?

Bandhan Bank’s share price traded at ₹139.77 at 11:AM on the NSE as of February 24, 2025, reflecting a modest gain of ₹0.39 (0.28%) from its previous close of ₹139.38. The stock opened at ₹138.90, reached an intraday high of ₹140.21, and touched a low of ₹138. The stock has gained close to 7% in the last three trading sessions.

Microfinance Sector Outlook Improves

Market expectations for the Indian microfinance sector have improved, with prediction of a gradual recovery over the next few quarters. The sector is expected to transition from its current weak state to a more stable position within 1-2 quarters and return to normalcy by Q2FY26. 

As per news reports, given these positive trends, Bandhan Bank is well-positioned to benefit from the sector’s revival and capitalise on emerging growth opportunities.

Bandhan Bank Q3 FY25 Financial Highlights

Private sector lender Bandhan Bank reported a 41.8% year-on-year (YoY) decline in net profit for the third quarter ending December 31, 2024, with earnings falling to ₹426.5 crore from ₹732.7 crore in the same period last year. The bank disclosed these figures in its regulatory filing on January 31, 2025.

Despite the drop in profitability, net interest income (NII)—which represents the difference between interest earned on loans and interest paid on deposits—saw a 12.1% increase, reaching ₹2,830.3 crore, up from ₹2,525.4 crore in Q3 FY24.

On the asset quality front, the gross non-performing asset (GNPA) ratio remained stable at 4.68%, while net NPA showed a marginal improvement, declining to 1.28% from 1.29% on a quarter-on-quarter basis.

Bandhan Bank’s gross advances recorded 14% YoY growth, rising to ₹1.32 lakh crore as of December 31, 2024, compared to ₹1.16 lakh crore in the previous year, reflecting steady loan book expansion.

Conclusion

Bandhan Bank’s continued rally reflects improving market sentiment, supported by a more optimistic outlook for the microfinance sector. 

Despite recent profit declines, the bank’s strong loan book growth and stable asset quality indicate resilience.  Investors will closely monitor further improvements in financial performance and collection efficiency, which could drive sustained momentum in the stock.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NTPC Shares in Focus; Strengthens Ties With EDF France to Develop Hydro, Renewable Energy Projects

NTPC strengthens its partnership with EDF France to develop hydro and renewable energy projects in India. This collaboration aims to enhance India’s green energy capacity and drive sustainable growth, the company said in a press release on the stock exchanges.

Renewable Energy and Hydro Power Ambitions

In a significant move towards strengthening India’s renewable energy sector, NTPC Limited, a Maharatna company of India, and EDF India Private Limited, a subsidiary of the French multinational electric utility Électricité de France (EDF), have signed a non-binding term sheet to collaborate on pumped storage, hydro power projects, and other renewable energy opportunities.

A Strategic Collaboration for Energy Transition

Under this partnership, NTPC and EDF will jointly develop, own, operate, and maintain pumped storage projects, hydro power ventures, and bundled renewable energy solutions. The collaboration also extends to exploring distribution business opportunities.

Following the signing of the term sheet, the companies propose to establish a Joint Venture Company (JVC) with a 50:50 partnership, subject to approvals from the Government of India. This JVC will independently undertake projects or create Special Purpose Vehicles (SPVs) for executing hydro and renewable energy projects across India and neighbouring countries.

NTPC’s Growing Green Energy Portfolio

NTPC, which contributes nearly one-fourth of India’s power supply, currently has an installed capacity exceeding 77 GW, with an additional 29.5 GW under construction, including 9.6 GW dedicated to renewable energy projects.

The company has set an ambitious target of achieving 60 GW of renewable energy capacity by 2032.

NTPC Share Price Performance

NTPC Limited’s share price stood at ₹322.85 as of February 24, 2025, reflecting a decline of ₹3.40 (-1.04%) at 10:00 AM on the NSE, from its previous close of ₹326.25. The stock opened at ₹322.10 and reached an intraday high of ₹324.10 before hitting a low of ₹321.00. The volume-weighted average price (VWAP) for the session was ₹322.49.

Conclusion

NTPC’s collaboration with EDF France marks a significant step toward strengthening India’s renewable energy sector. By focusing on hydro and pumped storage projects, this partnership aligns with NTPC’s long-term vision of achieving 60 GW of renewable energy capacity by 2032.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

L&T Share Price in Focus Amid Carbon Capture Project Deal Buzz

As per news reports, Saudi Aramco has awarded L&T a $1.5 billion EPC contract for its Carbon Capture & Storage (CCS) hub under Aramco’s Accelerated Carbon Capture & Sequestration (ACCS) initiative, advancing carbon reduction.

Project Details

As per a recent news report, Saudi Aramco has granted Larsen & Toubro’s Energy Hydrocarbon (LTEH) division the primary EPC (engineering, procurement, and construction) contract for the initial phase of its ambitious Carbon Capture and Storage (CCS) hub.

The contract, worth around $1.5 billion, is a crucial component of Aramco’s Accelerated Carbon Capture & Sequestration (ACCS) initiative, designed to curb carbon emissions and expand its CCS capabilities.

Phase 1 plays a key role in advancing Aramco’s environmental agenda as the company works toward lowering its carbon footprint and reinforcing its leadership in the global energy transition.

L&T Q4 Growth Outlook

L&T’s financial performance has been strong, with an order book reaching ₹5.46 lakh crore as of Q3 FY25, reflecting a 20% year-on-year (YoY) growth. However, the company has observed a slight reduction in projected order prospects for Q4 FY25.

Expected orders for the quarter stood at ₹5.51 lakh crore, down from ₹6.72 lakh crore in Q4 FY24, marking a 12% YoY decline. This downturn is mainly due to fewer opportunities in hydro and carbon-lite projects.

Despite this decline in order expectations, L&T remains optimistic and has upheld its growth projections across all key areas. The company anticipates a 10% increase in order inflows and is confident in surpassing this target, highlighting its solid market standing and diverse project portfolio.

Share Price Performance

Larsen & Toubro Limited (L&T) share price traded at ₹3,306.55, reflecting a decline of ₹8.55 (-0.26%) at 9:30 AM on the NSE from its previous close of ₹3,315.10. The stock opened at ₹3,289.70 and reached a high of ₹3,310.20 while touching a low of ₹3,282.05 during early trading.

Conclusion

While the company has experienced a decline in Q4 FY25 order prospects due to reduced opportunities in hydro and carbon-lite projects, its strong order book and optimistic growth outlook highlight its resilience in a dynamic market.

Investors will closely monitor L&T’s performance and strategic moves as it continues to expand its presence in key infrastructure and energy sectors.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Stocks to Watch on February 24, 2025: Zomato, Jio Financial, BPCL and More in Focus

As of 8:20 AM, GIFT Nifty futures were up by 92 points at ₹22,707. In the previous session, the BSE Sensex fell by 424.90 points (0.56%) to 75,311.06, while the NSE Nifty50 dropped 117.25 points (0.51%) to 22,795.90.

Here are key stocks to watch today:

Vedanta

Vedanta has been chosen as the preferred bidder for the Kauhari Diamond Block in Madhya Pradesh, which spans 643.4169 hectares and is currently at the G4 exploration stage.

Bharat Petroleum Corp and Britannia Industries

Bharat Petroleum Corp Ltd (BPCL) and FMCG giant Britannia Industries are set to exit the Nifty50 index from March 25. They will be replaced by Zomato and Jio Financial Services.

Bajaj Housing Finance and BSE

Bajaj Housing Finance, BSE, CDSL, along with others such as NALCO and Premier Energies, are set to be included in the FTSE India index. This inclusion highlights their increasing prominence in the Indian equity market.

Ujjivan Small Finance Bank

Ujjivan Small Finance Bank has sanctioned the sale of non-performing assets (NPAs) and written-off loans to an Asset Reconstruction Company. A micro banking pool worth ₹364.51 crore will be sold, with an overall provision of 66.51% applied to the portfolio.

RVNL

RVNL has emerged as the Lowest Bidder (L1) for a South Western Railway project valued at ₹156.35 crore. The contract involves the “Engineering, Procurement, and Construction (EPC) for the design, supply, erection, testing, and commissioning of the 2×25 KV Overhead Electrification (OHE) and Power Supply (PSI) System” between Rayadurga and Topavagada in the TK-RDG section.

Lupin

Lupin has received an Establishment Inspection Report (EIR) from the U.S. Food and Drug Administration (FDA) for its Somerset, New Jersey manufacturing facility. The inspection took place between January 27 and January 31, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Finance Ministry to Meet Public Sector Bank Heads on March 4 to Review Financials

The Finance Ministry will review public sector banks’ performance and progress of financial inclusion schemes, among others on March 4, as per news reports.

Finance Ministry to Assess PSBs’ Growth

The Finance Ministry has scheduled a meeting with the heads of public sector banks (PSBs) on March 4 to assess their financial performance and progress in financial inclusion initiatives.

The meeting, chaired by Financial Services Secretary M Nagaraju, will be the first after the presentation of the Union Budget 2025-26 in Parliament.

PSBs have reported their highest-ever net profit of ₹1.29 lakh crore in the April-December period of the current fiscal year, reflecting an impressive 31.3% year-on-year (YoY) growth.

PSBs Achieve Record Profits and Strong Growth

The financial performance of public sector banks has significantly improved across key metrics, including record profit growth, enhanced asset quality, and robust capital buffers. The 12 state-owned banks posted an aggregate net profit of ₹1,29,426 crore in the first nine months of FY25, supported by an aggregate operating profit of ₹2,20,243 crore.

Additionally, asset quality has seen remarkable improvement, with the net non-performing assets (NPA) ratio dropping to a record low of 0.59%. The total net NPA outstanding stood at ₹61,252 crore, demonstrating better risk management and financial stability among PSBs.

Business Growth and Deposit Expansion

Public sector banks have also recorded an 11% YoY increase in overall business growth, supported by a 9.8% rise in aggregate deposits. The total business of PSBs reached ₹242.27 lakh crore during the review period, reflecting sustained momentum in banking operations.

As the Finance Ministry prepares to review these achievements, the meeting on March 4 will provide insights into further strengthening the banking sector, driving financial inclusion, and ensuring continued stability in India’s banking system.

Conclusion

The upcoming Finance Ministry meeting with public sector bank heads on March 4 underscores the government’s commitment to monitoring and strengthening the financial sector.

With PSBs achieving record-breaking profits, improved asset quality, and steady business growth, the discussion will likely focus on sustaining this momentum and furthering financial inclusion.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.