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Public sector banks setting benchmarks for BFSI sector, says M Nagaraju | BFSI Summit 2025

Public sector banks (PSBs) in India are setting remarkable benchmarks for the country’s banking, financial services, and insurance (BFSI) sector, said M Nagaraju

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

BFSI, retail, manufacturing to drive Salesforce growth: South Asia CEO

BFSI, retail and manufacturing to drive the US-based IT firm Salesforce's growth in India over the next three years, a top executive of the company said. "The three-year agenda remains more or less the same. We still see a lot of growth coming out of the BFSI sector and retail sector. We see plenty of growth in manufacturing, travel, tourism, hotels and healthcare. So many of these sectors are showing pretty steady and good growth," Salesforce South Asia CEO Arundhati Bhattacharya told PTI. "Even smaller sectors, like real estate and education are showing pretty good growth. So in India, I would say that the growth remains pretty consistent in the areas that we have been in, and we continue to see momentum over there. With the newer kinds of technologies that are coming in, there is a lot of openness as to how it should be developed, or how it should be absorbed," she said. The global customer relationship management (CRM) technology solutions giant Salesforce expects its revenues t

LTIMindtree Q2 net profit rises 12%, revenue up 10% on BFSI strength

LTIMindtree's deal wins for the quarter totaled $1.59 billion, compared with $1.63 billion in the previous quarter and $1.3 billion a year earlier

Top regulators, CEOs to speak at BS BFSI Insight Summit 2025 in Mumbai

The Business Standard BFSI Insight Summit 2025 will host key speakers and panels on fintech, mutual funds, insurance and banking from October 29 to 31 in Mumbai

Indian banks' business correspondent channel set for major overhaul

The rejig of the world's largest field channel of agents is to be based on the findings of a study conducted by the National Institute of Bank Management under the auspices of the central bank

Tata Capital, Groww: BFSI sector gears up for ₹58,000-crore IPO push

The financial sector pipeline is dominated by Tata Capital's ₹17,000 crore issue, followed by ICICI Prudential Asset Management and Billionbrains Garage Ventures, the parent of Groww

Corporate sector revenues continue to trail India's robust GDP growth

Nominal GDP uses current market prices while real GDP takes constant prices from a base year to adjust for implied inflation in the economy called GDP deflator

Why did Nuvama downgrade BFSI, upgrade IT & Reliance Ind? Find out here

According to the Nuvama report, the deflationary impulse from tariff-driven global slowdown is likely to hurt domestic cyclicals the most.

MFIs raise loan-waiver concerns with RBI, finance ministry ahead of polls

Bihar, Assam, Kerala, Tamil Nadu and West Bengal - which go to polls between the latter half of 2025 and the early part of 2026 - account for 42 per cent of microfinance institutions' (MFIs) portfolio

DIIs pip FIIs in Indian stocks ownership, like BFSI: Motilal Oswal

DIIs - which include mutual funds, insurance companies, and pension funds -- poured $19.7 billion into Indian stocks last quarter, far ahead of the $5.4 billion invested by FIIs.

New IRDAI chairman, private banks' retail loan growth, hiring at major commercial banks & more

The Centre has appointed Ajay Seth, recently retired finance secretary, as the new chairman of the Insurance Regulatory and Development Authority of India, 4 months after the position was left vacant.

India's BFSI sector sees hiring boom in fraud, KYC and compliance roles

India now hosts an active talent pool of 25,543 professionals to tackle financial crimes, with skills spanning anti-money laundering, sanctions compliance, and fraud prevention

AI platform iTuring raises $5 million Series A for financial services push

iTuring.ai, an AI platform targeting the BFSI sector, raises $5 million in Series A funding led by Dallas Venture Capital and Mela Ventures to expand product development

LTIMindtree Q1 net profit up 10.6% to ₹1,254.6 crore, beats estimate

LTIMindtree beats profit estimates in Q1FY26 with 10.5% YoY growth; revenue misses forecast slightly as macro challenges persist and hiring slows

7 of 10 GenZs plan on switching jobs in 6 months for better pay: Survey

Deel survey finds high dissatisfaction among Indian Gen Z professionals with current pay, despite 11 per cent average hike, as many consider remote global roles

Data analytics firm Tredence bets on GenAI to fuel growth over next 5 yrs

Backed by Advent International and Chicago Pacific Founders, Tredence raised about $205 million in two founding rounds till 2022

Largecap segment shines in Q4 amid broad sectoral divergence: Equirus Sec

Of the 270 companies analysed, largecaps saw a 6 per cent Y-o-Y earnings rise, midcaps gained 2 per cent, while smallcaps slumped 16 per cent.

Not the time for concentrated bets, thematic funds: Mirae's Neelesh Surana

Discretionary segments, he believes, may rebound as interest rates fall, rural incomes improve, and the government steps in with measures such as tax cuts and the Eighth Pay Commission

BFSI's risk index rise amid global economic stability, says CIRI report

BFSI sector's risk index rose amid inflation and geopolitical tensions even as risk mitigation efforts like digitisation and AI adoption supported operational resilience