Bfsi

New loans sourced in Q3FY26 rose 36% Y-o-Y to ₹20 trillion

Experian report shows strong rebound in secured lending, while unsecured loans recover from last year's decline; average ticket sizes rise across segments

IBA to set up committee to review BC payouts, fixed remuneration on cards

Move follows NFIS 2025-30 observations and RBI survey findings flagging inadequate and delayed remuneration as key reasons for inactivity among Business Correspondents

BFSI, retail have seen big AI adoption in India, says ServiceNow COO

ServiceNow, which provides AI solutions to several top Indian companies, is looking to expand further in the country as it sees more sectors and centres joining the AI bandwagon. The US-based firm has partnered with top IT sector companies, such as TCS, Cognizant, LTIMindtree and Tech Mahindra, among others, and will look to have more such collaborations in the near future, according to a top company official. Speaking with PTI on the sidelines of the AI Impact Summit in the national capital, ServiceNow President, Chief Product Officer, and Chief Operating Officer Amit Zavery said, "If you look at BFSI (banking, financial, services and insurance), that's been a big growth area for AI now. Similarly, things around retail are big as well... And our public sector is starting to become another area where people are likely to use AI to improve how they operate their citizen services, and their organisations as well." The company also sees players in the manufacturing space picking up AI

Microfinance sector portfolio sees contraction, asset stress builds up

Aggregated portfolio outstanding stood at Rs 320.9 trillion in December 2025, down 7.2% Q-o-Q and 18% Y-o-Y, while 180-plus DPD stress rose sharply year-on-year

Retail banking: AI is changing the world, responsible adoption is crucial

Retail bankers say AI can reshape banking, but trust, governance, explainable models, and high-quality data are essential for safe and sustainable adoption

GIFT City: Powering India's global finance ambitions with new milestones

GIFT City is scaling fast across 35+ segments, topping $100 bn in banking assets and attracting global listings, ratings, fintechs, and funds beyond tax incentives

PSBs are setting benchmarks for the India's BFSI sector, says M Nagaraju

Any future public-sector bank consolidation must carefully weigh the pros and cons, including whether it will deliver meaningful synergies, says Nagaraju

Soon, single monthly snapshot to reflect all your savings and investments

Investors may soon get a single monthly snapshot of savings and investments across asset classes as Sebi works with other regulators to expand the CAS framework

Equities poised for comeback in 2026 as growth improves: Ramesh Mantri

BFSI stocks offer strong fundamentals and attractive valuations, says WhiteOak's Ramesh Mantri, as growth improves and equities look set for a 2025 comeback

BFSI M&A activity triples in 2025 on surge in bank, NBFC transactions

A surge in bank and NBFC transactions lifted BFSI deal activity three times in 2025, reflecting growing investor appetite for financial services assets

Mint Road in 2025: A year filled with opening doors and tightening screws

The year saw Mint Road push banks towards capital markets, revisit deposit insurance and revive UCB licensing, signalling reform that expands opportunity without diluting caution

Uttar Pradesh eyes global investment in BFSI, healthcare, manufacturing

The Yogi Adityanath government is pitching UP as a major GCC hub, with Lucknow, Noida, Kanpur and Agra at the core of its pitch

Trai sets deadlines for BFSI to adopt '1600' series for official calls

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

Commodities spur India Inc's Sep qtr showing; other key sectors struggle

Other key sectors such as IT Services, FMCG, Banking and Power however continue to struggle with low single digit growth in revenues and earnings

BC network faces heat from qcom platforms as agents take up gig work

The business correspondent banking channel is facing attrition as agents are leaving over declining commissions, despite bringing in more new deposits than branches

Foreign investment in India's life insurance sector stands at 29%

The Irdai chairman has noted that the industry requires significantly more capital and that foreign investment alone cannot meet these needs

UPI hits record high in Oct; PSBs eye global scale, tech upgrades

UPI hits record high in Oct; PSBs eye global scale, tech upgrades

Are banks still seeing a seasonality factor in deposits and credit?

The popular view is that the second half of the year sees a bump in credit on account of the festive and wedding seasons. We examine if the data backs up this perception

Mutual fund leaders urge investors to stay the course amid volatility | BFSI Summit 2025

Investors should stay disciplined and leave the handling of market volatility to fund managers, said top mutual fund executives at the Business Standard BFSI Insight Summit 2025 in Mumbai on Friday.

India's BFSI sector grows 50-fold in 20 years, market cap hits ₹91 trillion

The BFSI sector now accounts for 27% of India's GDP, up from just 6% two decades ago.