BofA cuts IDFC First Bank target by Rs 20 amid sharp fall in EPS estimates

IANS | February 26, 2026 12:18 PM

Mumbai, Feb 26 (IANS) Multinational brokerage Bank of America Securities (BofA) downgraded the rating on IDFC First Bank Ltd. to 'Neutral' and cut its 12‑month target price to Rs 75 from Rs 95, citing near‑term headwinds after the bank was de‑empanelled by the Haryana government following a fraud incident.

Sovereign green bonds continue to anchor India market: Report

IANS | February 26, 2026 11:47 AM

New Delhi, Feb 26 (IANS) About $180 billion of sustainable bonds issued in Asia-Pacific during the 2020-2021 boom are set to mature in 2026, a report said on Thursday, adding that in India, issuance is likely to remain modest, with sovereign green tranches continuing to anchor the market amid limited corporate participation.