Financial Sector

In the financial sector, replacing existing regulations with new ones often adds costs without improving outcome

Among its top stock picks, JM Financial continues to back large lenders, including State Bank of India (SBI), ICICI Bank, Bank of Baroda (BoB), and Axis Bank

While factories faced headwinds, Indian finance gained ground in the eyes of global strategic capital

The relationship between the central bank and the government is holding back India's financial sector

Within non banks, the fastest growth was in trust companies, hedge funds, money market funds and other investment funds, which all posted double digit rates of growth

Trai said the direction has been issued "to enhance consumer trust, curbing spam, and preventing fraudulent activities perpetrated through voice calls"

Recent uncertainties created by global tariffs have not impacted the Indian economy severely, she said

DFS Secretary M Nagaraju says India's financial sector is at its strongest ever, with PSBs recording record profits and NPAs at historic lows, but urges focus on MSME lending and cybersecurity

At the Business Standard BFSI Insight Summit 2025, Secretary, Dept of Financial Services, M Nagaraju said that India's financial sector is at the pinkest possible period of time in history

Operating on a small-ticket, high-volume model, fintech-driven NBFCs saw active loans grow by 25.6 per cent on an annual basis, outperforming the overall NBFC industry's 15.1 per cent growth

In May, Japan's Sumitomo Mitsui Banking Corporation (SMBC) agreed to acquire a 20 per cent stake in Yes Bank for $1.6 billion

FIU-IND has flagged 25 offshore crypto platforms for operating in India without PMLA registration and ordered takedown of their apps and URLs under IT Act directions

Amazon has completed its $200 million acquisition of Axio, formerly Capital Float, after receiving approval from the Reserve Bank of India, deepening its push into digital lending services in India

Advisory Board for Banking and Financial Frauds, a panel to examine role of top bank officials or financial institutions in fraud cases, has been reconstituted for two years, with ex-CVC Suresh N Patel designated as its chairman. ABBFF, which functions as a 'Safety Valve' for bankers, has been reconstituted for two years with effect from August 21, 2025. The members of the board are Ravikant, a former secretary of the Department of Ex-Servicemen Welfare; Rajni Kant Mishra, a former director general of the Border Security Force; Alok Kumar Choudhary ex-MD of State Bank of India and Sarada Kumar Hota, former MD of National Housing Bank, a notification said. As per the terms of appointment, the chairman and members of ABBFF are eligible for re-appointment, subject to the condition that the total period of appointment as chairman and/or member should not exceed 4 years or 70 years of age, whichever is earlier, said the notification dated August 19. The board has been mandated to examin

With the financial sector maturing, the door to regulatory agencies needs to be opened to a more diverse talent pool

Seven sutras outlined for fair, transparent, and safe AI adoption

The larger question is whether India's F&O market serves any real purpose

Excluding one-time items, AmEx earned $4.08 per share for the three months ended June 30, compared with the $3.89 per share analysts were expecting, according to estimates compiled by LSEG

As a strategy, they have moved utilities sector to equal weight. Financials, Telecom, small discretionary, remain their overweight sectors.

Amreesh Kher's exit adds to CEO vacuum at Tata Digital amid employee concerns