Financial Services

The new facility in Gujarat's GIFT City will deliver AI-led solutions for financial services while supporting technology innovation and industry-academia collaboration

Total income, excluding dividend income, rose 141 per cent YoY to Rs 1,496 crore. Including dividend income, profit before tax more than doubled to Rs 970 crore, up 131 per cent from a year earlier

The South Korean financial services firm will invest through compulsorily convertible preference shares to support Choice Equity Broking's expansion plans

The RBI Integrated Ombudsman Scheme, 2026, introduces higher compensation, shorter complaint timelines and a streamlined grievance process for customers of regulated entities

The finance ministry said over 140,000 guarantees worth more than Rs 1.55 trillion have been issued under ECLGS 5.0, with MSMEs accounting for the overwhelming majority of beneficiaries

FPIs sold financial, oil & gas and auto stocks heavily in early June amid crude-price volatility, AI concerns and monsoon-related demand worries

Samco Securities enters global investing with a GIFT City licence, offering Indian investors access to US stocks and ETFs through its trading platform

The share of policies below ₹2 crore fell to 66 per cent from 76 per cent over the same period

NPCI may review ATM interchange fees and link charges to WPI as rising operating costs put pressure on India's ATM ecosystem

High-frequency trading firm to get tax sops on derivative trades

The Aditya Birla Group's financial services arm will use the capital raised from promoters and IFC to strengthen lending businesses and accelerate digital growth initiatives

Standard Chartered's Rajesh Singhi says outbound acquisitions, financial services and EMS are driving deal activity despite geopolitical uncertainty and higher interest rates

India's outward FDI surged in March, with economists attributing the spike to uncertainty and structural shifts, even as long-term trends remain stable

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Annual investments in India by IFC, the private-sector arm of the World Bank Group, have ‌risen to about $5.4 billion in 2024-25 from about $1.3 billion in financial year 2021-22

Inclusion succeeds when financial services are used regularly with confidence

Canara Robeco Banking and Financial Services Fund will aim to take advantage of the ongoing shift in borrowing behaviour, which is no longer event-driven but is lifestyle-driven

The meeting will be attended by senior officials from the Finance Industry Development Council, Sa-Dhan and Microfinance Industry Network

FSIB has recommended Hitesh Joshi for the CMD post at GIC Re, marking the first selection process allowing private sector applicants; the final decision now moves to the Cabinet