Finance Sector

Retail health premiums surged 32 per cent in H1FY27, outpacing group health growth of 15.3 per cent, as insurers prioritise profitability amid pricing and claims pressures

The microfinance lender says it has seen no repayment stress from El Nino or the West Asia conflict but is building a cushion against potential shocks

From the intimidating bank manager to the trusted Bhabhi, finance has found a new face

PTC India on Monday posted a more than 28 per cent fall in consolidated net profit to Rs 159.10 crore in the September quarter, mainly on account of increased expenses. It had clocked a net profit of Rs 222.05 crore in the second quarter of the preceding financial year, the company said in an exchange filing. During the second quarter of FY27, the company's total income, however, increased to Rs 5,958.24 crore from Rs 5,585.21 crore in the year-ago period. Total expenses increased to Rs 5,788.97 crore from Rs 5,287.25 crore in the July-September period FY26. In a statement, PTC India said its trading volume grew by 24 per cent to 32.46 BUs (billion units) in Q2 FY27 on a standalone basis. Manoj Kumar Jhawar, MD & CEO, PTC India Ltd, said Trades across different tenures have contributed to the growth in the second quarter. "The cross-border power from Bhutan has shown a significant dip due to higher domestic requirements in Bhutan, leading to a decrease in trading income to that .

Overseas property now accounts for 13 per cent of surveyed buyers' wealth, up from about 5 per cent a decade ago. Experts explain the remittance limits, tax obligations and risks investors must assess

Aditya Birla Capital's Q2FY27 profit rose 38 per cent to ₹1,288 crore, driven by strong lending growth, with its NBFC and housing finance arms reporting higher earnings

Cholamandalam Investment expects 20-23 per cent AUM growth in FY27 and plans a ₹5,000 crore QIP, as its second-quarter net profit rises 41 per cent to ₹1,630 crore

The new facility allows users to open government-backed NPS accounts digitally with contributions starting at Rs 250, using existing bank KYC details and one-time OTP authentication

At the Business Standard BFSI Insight Summit 2026, Shaktikanta Das called on banks and financial institutions to boost funding for infrastructure, advanced manufacturing, green finance and MSMEs

This year's edition introduces the Smart Investor (SI) Arena, a dynamic space crafted to empower retail and next-gen investors to make sharper financial moves.

The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together top regulators, bankers and investors to discuss key challenges facing India's financial sector

Meet the policymakers, regulators, bankers and investors shaping India's financial future, from monetary policy and market reforms to banking, insurance and investment.

The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together regulators and industry leaders to discuss banking, markets, AI and economic growth.

Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to ₹3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

With former finance secretary M Nagaraju taking charge at IL&FS, its resolution enters another phase, with recoveries slated to exceed commitments, even as the crisis has influenced insolvency reforms

A unified green taxonomy, standardised legal documentation, and tangible economic incentives are urgently needed

The NBFC expects loan-book growth of over 20 per cent in H2FY27, driven by urban finance and festive demand, while monitoring crop output, rural liquidity and weather-related risks

The revised rates will apply to deposits of up to ₹10 crore, with 36-60-month deposits earning 7.85 per cent; additional rates for seniors, women and renewals will continue

PFRDA's NPS Swasthya combines healthcare withdrawals with a super top-up cover, while Irdai proposes tighter commissions and expense limits to curb mis-selling and lower distribution costs