Page 10 - Bfsi

BS BFSI Summit: Shaktikanta Das to T Rabi Sankar, here are the key speakers

The keynote speakers in the summit include Irdai Chairperson Debasish Panda, CEA V Anantha Nageswaran, whole-time member of Sebi Ananth Narayan G among others

BS BFSI Summit: Leading figures from finance world share their insights

While the first day will focus on banking and bankers, the second day will be centered around equity markets and technology in banking. And the third day will see discussion among leading insurers

Banking on bricks: The real story behind India's real estate boom

Growth drivers in real estate include urbanisation, disposable incomes, and demand for residential, commercial, and logistics spaces, according to a Business Standard-Knight Frank report

AI, GenAI, and blockchain: How technology is transforming BFSI sector

Digital payment solutions and AI are not only expanding the sector but also improving customer experience and boosting operational efficiency

BFSI Summit: Brainstorming by top minds of financial world to start today

Three-day event to explore India's potential and pathways to achieve it

BFSI sector leasing projected to be over 11 mn square feet in 2024: JLL

Global players are involved in about 65 per cent of BFSI leasing activity in India

BFSI news wrap: SBI ATMs, NBFCs loan, Inflation target and Life insurance

This week, SBI announced plans to outsource the maintenance of 10,000 on-site ATMs. With around 25,000 on-site ATMs, this means 40 per cent will now be managed by outside companies. SBI’s total ATMs,

Weekly BFSI news wrap

The Fintech Association for Consumer Empowerment, the first self-regulatory organisation to get the RBI approval, plans to allow more members, including non-fintech companies.

Weekly wrap-up of the BFSI sector

HDFC Bank is set to become the largest employer in the banking sector, surpassing SBI. Lately, private banks have increased their workforce by 1.5 times

BFSI sector valuation discount to overall market at a record high

Valuation re-rating has been much sharper for non-BFSI companies

BFSI news wrap

The US Federal Reserve has cut the target range for federal funds rate by 50 basis points, from 5.25 and 5.5 per cent to 4.75 and 5 per cent.

Small businesses generate 35 mn job applications till Aug 2024: Report

Small and medium enterprises have generated over 35 million job applications in the first eight months of this year fuelled by rising demand in key sectors such as BFSI, BPO, and hospitality, says a report. This rise reflects growing demand for key roles such as Sales & Marketing Managers, Accounting Technicians, Telecallers, Back Office Executives, and Business Development Associates, according to jobs and professional networking platform apna.co. "SMBs and MSMEs employ more than 110 million people and their success is crucial for our nation's journey towards the USD 5 trillion economy goal. As the backbone of our economy, these sectors are set to witness significant growth, with workforce demand expected to rise in tandem," Nirmit Parikh, Founder & CEO, apna.co said. Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 cities like Jaipur, Indore, Ahmedabad, Lucknow, Kochi, and Bhubaneswar, apna.co said. As businesses expand in these ..

Post-Covid boom in profits yet to show in India Inc capital expenditure

Corporate profits have grown at a CAGR of 32.4% since FY20 but firms' net fixed assets have grown at 8.6% CAGR in FY20-24

BFSI news wrap: Your weekly wrap-up of the BFSI sector | #bfsi #news

Your weekly wrap-up of the BFSI sector

BFSI on hiring sprint, IT sector stumbles in headcount marathon in FY24

In comparison, BFSI firms hired 172,000 people on a net basis in 2022-23 (FY23), while IT services companies had a net recruitment of 131,000 employees

BFSI news wrap: Your weekly wrap-up of the BFSI sector

Created by the Reserve Bank Innovation Hub, Unified Lending Interface is a new platform aimed at providing quick and easy loans to rural and small borrowers. ULI is expected to revolutionise lending,

Your weekly wrap-up of the BFSI sector

Public sector banks have requested the Finance Ministry to hold government cash balances with them instead of the RBI, to help increase the declining low-cost CASA deposits.

Banks' certificates of deposit fund-mop up more than triples in country

Strategy makes up for imbalance in banks' deposit and credit growth

India Inc gives weakest performance on profit front in seven quarters

Sales growth, too, remains modest amid demand challenges

Indian GCCs employed more than 16 lakh people in FY23: Economic Survey

The software, internet, and banking, financial services, and insurance (BFSI) sectors collectively accounted for about 58 per cent of India's IT GCC talent, according to the document