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Informist, Friday, Jan. 23, 2026

MUMBAI – Earnings of Kotak Mahindra Bank on Saturday and Axis Bank on Monday are expected to lend direction to Nifty Bank index next week, analysts said. Market participants will also look forward to the announcement of the Union Budget next Sunday.

Axis Bank is likely to report a net profit of nearly INR 60 billion, down nearly 6% on year but up 17% on quarter, according to the average of estimates from 13 brokerages. Kotak Mahindra Bank is expected to report a net profit INR 34.77 billion for the December quarter, up over 5% on year.

"Market direction in the coming week is likely to be driven by global macroeconomic signals and domestic fiscal expectations," said Vinod Nair, Head of Research, Geojit Investments Ltd. "Investors will closely track guidance from the Fed on the trajectory of interest rate cuts, while positioning may be influenced by anticipation surrounding the Union Budget, particularly any measures aimed at easing external trade pressures and supporting capital flows."

In its technical view, Kotak Securities said "For Bank Nifty, 58,000 would act as a key level for traders. Below this, the correction wave is likely to continue until 57500–57100. Conversely, above 59000, it could bounce back up to 59350–59500."

The Nifty Bank index Friday settled at 58473.10 points, down 2.5% from the previous week. Kotak Mahindra Bank and Federal Bank were the two gainers in the index this week while Punjab National Bank and Indusind Bank were the top losers.

TOP HEADLINES

* IndusInd Bk Board OKs Arijit Basu as additional director, part-time chairman

* Earnings Review:Suryoday Small Fin Bank posts YoY growth in PAT after 5 qtrs

* Analyst Concall: Indian Bk expects treasury gains of INR 3.5 bln in Jan-Mar

* Bandhan Bank reappoints Ratan Kumar Kesh as ED for 3 years from Mar 31

* Indian Bank plans on growing in retail, agri, MSME sectors going forward

* Earnings Outlook: Margin pressure to weigh on Axis Bank's Q3 net profit

* Earnings Review: Despite low provisions, fall in income drags Bandhan Bk PAT

* Short-Term Debt: Canara Bank raises INR 10 bln via 1-year CD at 6.94%

* Short-Term Debt: Indian Bank raises INR 14 bln via 1-year CD at 6.94%

* Earnings Review: Ujjivan Small Fin PAT soars after 6 qtrs of fall, up 71% Q3

* Earnings Review:Lower provisions, better asset quality lift Indian Bk Q3 PAT

* Earnings Outlook: DCB Bank PAT seen up on year driven by healthy loan growth

* Earnings Outlook: Karur Vysya Bk Q3 PAT seen up on year, down on quarter

* Bank of Baroda, IIFCL sign pact for joint lending of infrastructure projects

* BNP Paribas Fincl Mkts sells 6 mln RBL Bk shrs for INR 1.8 bln in block deal

* Punjab & Sind Bank shareholders OK INR 30-bln QIP, appointment of director

* Analyst Concall: Bank of India sees higher credit growth in FY27, says MD

* Bank of India targets 13-14% loan growth in FY26, seeks high-yielding loans

* Earnings Review: Modest income rise, high provisions limit Bank of India PAT

* Earnings Outlook: Steep fall in NIM to pull Bandhan Bank Q3 PAT down YoY

* Earnings Review: Dhanlaxmi Bank Q3 PAT rises 20% YoY on rise in total income

* Earnings Review: Modest income rise, provisions growth limit Bk of India PAT

* Earnings Outlook: NIM fall to limit Kotak Bank's Q3 on-year net profit rise

* Analyst Concall: AU Small Fin Bk sees loan book growing at current pace FY27

* CCI OKs Emirates NBD Bank's acquisition of 60% shareholding in RBL Bank

* RBI OKs re-appointment of Kaizad Bharucha as HDFC Bank deputy MD for 3 yrs

* Earnings Outlook: Indian Bank Q3 PAT seen up 10% YoY on better asset quality

* Earnings Review: AU Small Finance Bk PAT surges YoY as provisions fall 34%

* Earnings Review: J&K Bank Q3 profit up 10% on year on reversal in provisions

* Earnings Outlook: IndusInd Bk likely to post weak PAT Q3; loss possible too

* CCI OKs Emirates NBD Bank's acquisition of certain shareholding in RBL Bank

* INTERVIEW: Plan to list 1 rural bk by Mar, other arms in 1-2 years - PNB ED

* Earnings Outlook: PNB Housing Fin's Q3 net profit seen up 13% on loan growth

* RBI amends priority sector lending norms; cuts target for small finance bks

* Capri Global CEO Monu Ratra resigns, effective Jan 31

* RBI governor meets MDs, CEOs of urban co-op banks, industry representatives

* Earnings Outlook: AU Small Fin Bank Q3 PAT seen up 30% YoY; NIM may improve

* Earnings Outlook: CreditAccess Q3 PAT seen surging on fall in credit costs

* Earnings Review: IRFC PAT up 10% YoY as finance cost dn; lease income falls

*  Earnings Review: PNB Q3 net profit up 13% as other income rises 47%

* Analyst Concall: PNB made INR 9.55-bln floating provision for ECL rollout

* Tata Capital Oct-Dec PAT rises 9.9% YoY to INR 7.9 billion

* PNB expects NIM to stay at current level in Q4 despite Dec rate cut, says MD

* PSU banks sanctioned INR-523-bln loans under new credit model during Apr-Dec

* HC quashes Kotak Bank's cheque bounce case vs Future Retail former directors

* Earnings Review: PNB Gilts posts Q3 PAT vs loss yr ago despite bond yld rise

* Analyst Concall: HDFC Bk to cut CD ratio to 90-96% FY26, 85-90% by FY27-end

* Analyst Concall: ICICI Bank sees loan-to-deposit ratio moderating marginally

* UCO Bank may seek extension from SEBI, govt for minimum shrholding deadline

* HDFC Bank to cut CD ratio progressively YoY, says recent qtrly rise a blip

* Earnings Review:IDBI Bk Q3 PAT inches up on other income, provision reversal

* Earnings Review: Punjab & Sind Bank Q3 PAT up 19% YoY as other income up 50%

* Don't see big rise in farm loan provisions that hit Q3 PAT, says ICICI Bank

* Earnings Outlook: Strong loan growth to lift Ujjivan Small Fin Bk Q3 PAT

* YES Bank targeting 1% return on assets by FY27; sees NIM improving further

* Earnings Review: ICICI Bank PAT falls 1st time in 6 yrs as provisions double

* Analyst Concall:Not pursuing home, car loan segments aggressively: YES Bk MD

* Earnings Review: Fall in provisions, operating expenses lift UCO Bank Q3 PAT

* Earnings Review: RBL Bank Q3 PAT jumps over six-fold YoY as provisions fall

* Earnings Review:Other income, low provisions lift HDFC Bank PAT over mkt view

* Earnings Review:YES Bk Q3 PAT up 55% YoY, provisions dn most in nearly 4 yrs

* RBL Bank says regulatory approvals for Emirates NBD Bank deal likely by Q1

* Analyst Concall: Credit cost for FY26 to be 50-55 bps, says Federal Bk

* NSE, BSE to conduct live trading session on Feb 1 on account of Union Budget

* Earnings Review: Federal Bank Q3 net profit up 9% YoY on strong other income

* Earnings Review: Central Bank's Q3 PAT up 32% YoY on higher other income

* RBI notifies ombudsman scheme, guarantees compensation up to INR 3 mln

* Federal Bank sees margin pressure in Jan-Mar; won't cut savings rate more

* Earnings Review: Central Bank's Q3 PAT rises 32% YoY on rise in other income

Following are the resistance and support levels for key bank stocks for next week as per calculations based on their prices on the National Stock Exchange:

End

Reported by Kabir Sharma

Edited by Akul Nishant Akhoury

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