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Ashish Singhal, the Co-founder of CoinSwitch and Lemonn, draws parallels between high-intensity sports like Formula 1 and tennis, and the startup world. He emphasizes the importance of precision, preparation, and mental resilience in both arenas. Singhal highlights how split-second decisions, team coordination, and the ability to recover from setbacks are crucial for success in crypto and finance.

India s banking sector is witnessing a shift as public sector banks regain market share after a decade, even with moderating credit expansion. While overall loan growth has slowed due to tighter liquidity and regulatory measures, PSBs are outperforming private banks, driven by stronger financials.

State Bank of India (SBI) surpassed D-Street expectations with a 12% increase in its June-quarter net profit, reaching ₹19,160 crore. This growth was primarily driven by higher treasury income and expansion in retail loans. The bank benefited from gains on government securities sales due to policy rate cuts and increased foreign exchange trading income.

Mayuresh Joshi from Marketsmith India suggests that despite global challenges like Trump s tariffs, Indian markets are responding maturely. He emphasizes the strength of domestic flows and the importance of long-term systematic investments. Joshi is optimistic about consumption-driven sectors, financials, and agrochemicals, while remaining cautious on IT due to global competition and the need for reinvention.

AU Small Finance Bank is set to become a universal bank, pending promoter Sanjay Agarwal s transfer of his 22% stake to a holding company within 18 months. This transition, a condition for the license, allows Agarwal to explore other financial services. The bank aims to reduce geographic concentration and focus on retail loans, leveraging its strengths in the NBFC space.

India s foreign exchange reserves experienced a significant $9.3 billion drop in the week ending August 1, 2025, marking the sharpest decline of the year. This fall is attributed to the Reserve Bank of India s likely intervention to stabilize the rupee amidst escalating trade tensions with the US, triggered by tariff impositions and outflows from equity markets.

ICICI Bank has significantly increased its minimum balance requirements for savings accounts, particularly in metro and urban areas, signaling a strategic shift towards attracting affluent customers.

Sebi chief Tuhin Kanta Pandey spoke about redefining independent directors roles. He addressed the 2025 Annual Directors Conclave. Pandey emphasized that independent directors should be stewards of accountability. He urged them to freely dissent and question information. He highlighted the importance of diverse views for a stronger board.

Bank credit growth has slowed to 1.4% in FY26 so far, compared to 2.3% last year, while deposit growth remains steady at 3.4%. Corporate credit demand is lower as companies explore market instruments. Despite rate cuts, housing loan demand hasn t surged as expected, but overall financial resources to the commercial sector have increased.

Life insurers in India experienced a significant surge in premium income. The premium income rose by 22.4% in July 2025, reaching ₹38,958 crore. Both private and state-run Life Insurance Corporation contributed to this growth. Individual single premiums and non-single premiums also saw increases. The industry added a substantial number of new agents.