Page 21 - Bfsi

Financials lead earnings in Q1; metal & mining, IT firms among laggards

BFSI companies together accounted for 48 per cent of the incremental growth in corporate profits on a year-on-year (YoY) basis in the quarter

India's Q1 corporate earnings growth led by BFSI sector: Motilal Oswal

Studying the results of corporates tracked by it, Motilal Oswal said that BFSI sector has driven 124% of the incremental year-on-year (YoY) earnings growth during the 1QFY23 which was largely subdued

Q1 early-bird results show inflation effect on India Inc's profits

First sequential contraction in corporate earnings after 4 quarters of expansion

'Hiring demand up 9% in May led by telecom, BFSI, import-export sectors'

The job market continued to show growth for the second consecutive month of FY23 with a benchmark year-on-year recovery of 9 per cent in May, according to the Monster Employment Index (MEI).

Our biz is only B2B, we may get into B2C: N Ganapathy Subramaniam of TCS

In a Q&A, the COO of India's top IT services firm speaks about the company's wish list beyond numbers, concerns on slowing growth commentary from brokerages that has pulled the stock down

LIC IPO: Irdai raises investment limit for insurers in BFSI sector to 30%

This could free up more funds to invest in the largest IPO, say industry insiders

Improving customer experience spurs AI use in BFSI, says report

83% of BFSI leaders believe enhancing customer experience is top driver of AI implementation

83% Indian BFSI players think AI must to boost customer experience: Report

The report also said more than 80% of respondents from the banking and financial services industry say they have deployed chatbots to make customer servicing easy.

BluePi partners with Snowflake to enable the fast-growing BFSI sector

BluePi Solutions, an established player in data-driven solutions, today, announced the partnership withThis partnership is aimed to serve the financial sector in India, for liberating valued, siloed data and unlocking meaningful insights.Snowflake recently launched its financial services Data Cloud with more than 600 industry data partners, as well as large customers, such as BlackRock, Capital One and Western Union. The BFSI players can leverage Snowflake's Financial Services Data Cloud to launch new customer-centric products and services, build fintech platforms of the future and accelerate their regulatory compliance.With India set to become the third largest domestic banking sector by 2050, implementing the right technology will help accelerate the expected growth.Announcing the partnership, Pronam Chatterjee, Co-founder and CEO, BluePi Consulting, said, "We are indeed happy to partner Snowflake, the global technology leader in Data Cloud and consider this an important milestone ..

Indian IT services firms set for robust growth, attrition a concern

Despite the growth, concerns have emanated from elevated attrition levels for the industry due to strong demand for digital technologies and lack of adequate skilled manpower to service the same

Capgemini seeing BFSI's IT spend gaining traction, says CEO Anirban Bose

Financial services grew 5.4 per cent on a constant currency basis.

'We're not in a hurry to grow by acquiring legacy firms': Zerodha founder

In a Q&A, Nithin Kamath explains why the company doesn't take the risky road of acquiring businesses for proxy licences

BFSI Summit: Worst is behind, slippages may rise, say India's top bankers

Speaking on fintechs, the bankers said the right way to go about this is collaboration, but they may also have to compete with these players for their share of the pie

​​India better placed now than in 2013 to face taper tantrum: RBI Governor

India's record forex reserve also gives a lot of confidence and security to the foreign exchange market, he said

BS BFSI INSIGHT SUMMIT | Indian Banking: Past Imperfect, Present Tense but Future Bright

Watch Business Standard's BFSI Insight Summit as RBI Guv Shaktikanta Das talks about the Indian banking system, followed by a panel discussion

Markets still offer opportunities for long-term investors: Experts at BFSI

Leading money managers also warn of risks emanating from external factors besides frothy valuations in certain pockets in the domestic market

BFSI Insight Summit: MF institutional structure needs rethink, says Thorat

Under the current framework, an MF has three main pillars -- sponsor, trustee, and AMC

BS BFSI Insight Summit: Onus on life insurers to transform biz, say experts

The life insurance industry saw massive disruptions in the initial period of the pandemic

BS BFSI INSIGHT SUMMIT | Sessions on Mutual Funds and Markets

Watch Business Standard's BFSI Insight Summit as the best minds of the industry engage in a stimulating conversation on mutual funds and markets > >

BFSI Insight Summit: Why should we not seek subsidy, ask panelists

Say customer engagement has been one of the pain points for insurers, historically