Industry Trends

ESAF Small Finance Bank Q3 Update: Deposits up 7% to ₹24,006 crore, advances grow 13%

Total deposits rose 7.10% year-on-year to ₹24,006 crore as of December 31, 2025, compared with ₹22,415 crore a year earlier. On a quarter-on-quarter basis, deposits increased 4.86% from ₹22,894 crore as of September 30, 2025. Shares of ESAF Small Finance Bank Limited ended at ₹26.85, up by ₹0.080, or 0.30%, on the BSE.

Industry Trends

Piramal Finance sees funding cost relief after fresh rating from CRISIL

Piramal Finance has received a new AA+ credit rating from CRISIL, which management expects to lower borrowing costs over time. The company said it does not need fresh capital, remains on track for over 25% AUM growth, and is progressing toward a 7% net interest margin by FY27, while remaining patient on further insurance divestments.

Layoffs / Restructuring

Goldman Sachs flags continued AI-led job cuts through 2026

Artificial intelligence (AI) is steadily transforming how companies operate, but its expanding use is also creating uncertainty for employees across industries. Even as the global economy is expected to remain broadly stable, job security may continue to be under pressure in 2026 as businesses rely more on automation to manage costs and improve efficiency. As [...] The post Goldman Sachs flags continued AI-led job cuts through 2026 appeared first on HR Katha .

Industry Trends

Defence biggest theme of decade and not oil, natural resources or forex. Gurmeet Chadha explains why

Defence has emerged as the defining investment theme of the decade, says Gurmeet Chadha, emphasising that military strength now outweighs oil, natural resources or forex reserves in shaping national power. His remarks come amid geopolitical tensions between the US and Venezuela and a sharp rally in Indian defence stocks, underscoring strong structural momentum in the sector.