Indian banking sector shows mixed momentum as major lenders report Q4 updates. HDFC Bank's advances grew 10% year-on-year to Rs 29.64 lakh crore, while YES Bank demonstrated solid balance sheet expansion with loans rising 11% and deposits climbing 12% annually. AU Small Finance Bank posted impressive 22.8% deposit growth, and Bandhan Bank registered healthy 12.6% advance growth. Market volatility persists with resistance around 23,500 and support at 22,000-22,300 levels. Jaguar Land Rover rebounded sharply with 61% surge in Q4 sales following production normalization post cyber incident. RBL Bank faces strategic shift following RBI approval for Emirates NBD to acquire up to 74% stake, signaling potential ownership changes in the sector.
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