Page 38 - Bs Reporter

Banks increasingly looking towards retail customers, says K V Kamath

K V Kamath says Indian banks must reinvent, focus on retail, and invest in the right tech as corporates rely less on loans and new-age finance reshapes money flows

Fiscal policy strongly supportive of growth: RBI Deputy Guv Poonam Gupta

What India should aspire to be, a developed nation, an emerged nation, or an emerged market, is an important one, says Gupta

BS BFSI Summit: Economists torn between rate cut and pause in next MPC

The MPC kept the repo rate unchanged at 5.5 per cent in its October meeting, while striking a dovish tone and hinting that inflation risks were ebbing faster than anticipated

BS BFSI Insight Summit: On track for GDP growth exceeding 6.8%, says CEA

At Business Standard BFSI Insight Summit 2025, Nageswaran said that inflation and the rupee are stable, and fiscal discipline keeps deficits and borrowing costs under control

BS BFSI Insight Summit: SFBs' MFI stress set to ease in 2-3 quarters

While SFBs have grown rapidly over the past few years, their microfinance portfolios have affected asset quality

BS BFSI Summit: 'Rising loan appeal hits corporate bond market's momentum'

While there is scope for further easing, the question is whether there is a need to cut rates further, said panellists

BS BFSI Summit: Specialised banks needed for niche mkts, says M Nagaraju

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

BS BFSI Summit: SBI one of the largest spenders on tech, says C S Setty

At BS BFSI Summit 2025, Setty discussed the slowdown in credit growth, the RBI's reforms, and the potential impact of allowing private sector professionals into public-sector banks

India crosses 500 Gw power capacity, non-fossil sources contribute over 50%

India achieves one of its COP26 goals five years ahead of schedule as non-fossil energy sources contribute over half of total installed power capacity

McDonald's Corporation opens largest office outside US in Hyderabad

This makes it the fast-food chain's largest office outside the US

DoT sets March 2026 deadline for pan-India rollout of CNAP service

The DoT directs telcos to launch Caller Name Presentation (CNAP) across India by March 2026, with pilots underway and Trai's support for a default opt-out model

Reliance Brands signs franchise deal to bring Italian brand Max&Co to India

The first Max&Co. store will open in Mumbai in early 2026, followed by a national rollout across key Indian cities under a franchise deal with Max Mara Fashion Group

BS BFSI Summit: Top experts from the finance world to share their insights

The summit's broad focus is charting the future of the financial services industry at a critical economic juncture

Top minds to brainstorm at the three-day BS BFSI Insight Summit 2025

After strong push by govt and RBI, discussions to further enhance India's growth amid global woes

GIFT Nifty contracts hit record open interest; Advent sells 2% in ABCL

GIFT Nifty hits record $21.23 billion open interest; Advent sells 2% in Aditya Birla Capital for ₹1,628 crore; Sebi plans simpler, more transparent mutual fund fee structure

Best & brightest at BFSI Summit: India's biggest finance event returns

From October 29 to October 31, the summit will feature keynotes, fireside chats, and panels on policy, digital banking, insurance, and AI in finance

Trai aligns with DoT on CNAP, makes caller ID service default with opt-out

Trai's backing clears path for nationwide CNAP rollout; feature to display caller names by default on 4G, 5G phones with opt-out option for users

India's data centre capacity to double by 2027, rise 5x by 2030: Macquarie

India's data centre pipeline to expand on AI infrastructure, data localisation, and cloud adoption, with $45 bn investment potential by 2030, says Macquarie

Sundram Fasteners posts record Q2 profit of ₹153 crore, raises dividend

Auto parts maker posts highest-ever quarterly profit and announces a 25% higher interim dividend amid strong performance in domestic and overseas markets

BS BFSI Summit: Tuhin Kanta Pandey to C S Setty, here are the key speakers

Tuhin Kanta Pandey took charge as the chairman of Sebi in March 2025 and has since then driven reforms to improve ease of doing business and reducing the compliance burden on market intermediaries