DAM Capital files draft papers with SEBI; Promoter, RBL Bank, others to divest stake in OFS

DAM Capital files draft papers with SEBI; Promoter, RBL Bank, others to divest stake in OFS

DAM Capital Advisors Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). A comprehensive variety of financial solutions is offered by DAM Capital in the domains of institutional equities, which includes research and broking, and investment banking, … Read more

Large-cap lenders vs mid-cap banks: Which ones should you pick for long term?

Large-cap lenders vs mid-cap banks: Which ones should you pick for long term?

Although the banking sector has lagged behind the Indian benchmark Nifty index over the past 6 to 12 months, it is well-positioned for substantial long-term growth, driven by India’s largely underbanked population. In 2024, the Nifty Bank index has risen over 8 percent year-to-date, trailing the benchmark Nifty’s almost 13 percent increase. Meanwhile, over the … Read more

General Elections 2024: Private banks or public sector lenders – who will benefit more from Modi’s likely win?

General Elections 2024: Private banks or public sector lenders - who will benefit more from Modi's likely win?

Certainty in the election outcome and renewed foreign investor inflows into Indian equities have pushed benchmark indices to new peaks for two consecutive sessions. However, the banking index has not mirrored this trend. Does the election impact the banking sector? If yes, would a likely third term for Modi benefit private banks or public sector … Read more