India's banking sector is flexing serious muscle. Nirmal Bang reports banks' earnings jumped 17% year-on-year in Q4 FY26, driven by robust loan growth across retail, SME, and a reviving corporate segment. The crown jewel, HDFC Bank, is preparing a $500 million dollar bond issue this week, tapping the RBI's new subsidized hedging window for the first time—expected to price below 100 basis points over US Treasuries on strong demand. This move signals confidence in...