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Ola Electric moves HC to quash abetment case, terms suicide note false

Ola Electric CEO Bhavish Aggarwal and others seek dismissal of police case filed after an engineer's death; court extends interim relief and asks them to cooperate with probe

Upper-layer NBFCs should be allowed to accept deposits, say CEOs

NBFC leaders urge RBI to let strong players accept public deposits, saying it would diversify funding, reduce bank reliance, and strengthen credit flow amid rising capital demand

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

BS BFSI Summit: 'Inflation-targeting worked, no major revamp required'

At BS BFSI Insight Summit 2025, a high-level panel of economists said that flexible inflation targeting has largely worked in keeping inflation under control and no major revamp is required

SME tracker: Strong demand to rev up growth for auto component SMEs

Exports to key destinations such as North America, however, are expected to be hit by US tariffs.

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

India's financial services sector is the biggest, strongest ever: DFS secy

The three-day premier event begins with who's who of the BFSI sector converging to debate road ahead. Discussions ranged from setting up new banks to meet diverse credit needs to 'digital arrests'

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

At least 2 Indian banks should be in global top 20, say PSB chiefs

Banks are more confident to manage the process of mergers and amalgamation in the banking sector on the back of very effective consolidation in PSB space amid COVID pandemic in 2020, said bankers

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

Market maturity fuelled India's IPO boom, say investment bankers

The depth of domestic capital pool has reduced India's reliance on foreign institutional investors, enhancing market stability, a sentiment echoed by most panellists at Business Standard BFSI Summit

BS BFSI Insight Summit: 'AI's RoI may be slow, but governance can't wait'

The panelists said that re-skilling will be key to ensuring the workforce remains employable even as disruptive technologies continue to enter the sector

Reinvention, not overhaul, is key to evolution: Private bank chiefs

At Business Standard BFSI Insight Summit 2025, a session titled 'Is it time to revisit the banking model?' brought together top bankers to discuss how industry must adapt to this evolving landscape

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