Page 6 - Bfsi

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

BSE urges market players to enhance cybersecurity amid rising threats

BSE has asked brokers and traders to assess their systems and implement cybersecurity measures in line with Sebi's CSCRF after a CERT-In warning on BFSI sector

Large deal wins, execution to drive outperformance for Coforge in FY26

While overall FY25 order flow stood at $3.4 billion, up 75 per cent year-on-year (Y-o-Y), about $2.1 billion came in Q4 alone

Mid, smallcaps find their 2nd wind as Indian equity mkt rebounds in April

Middleweight stocks are in demand, leading the market with better returns in April's recovery

Why banking and financial services funds are seen as a good long-term bet

The BFSI space offers a broad mix of segments

BFSI consolidates dominance in Nifty 50 index, up 2.6x at 37.9% since 2004

The sector's dominance in the Nifty index comes on the back of a 50x increase in market capitalisation over two decades

FIIs buy BFSI, telecom, metal stocks in March 2025; should you too?

Banking, financial services, and insurance (BFSI), telecom, and metals saw the highest FII flows in March 2025

The sector that didn't flinch: BFSI shines as markets face turbulence

Here are 10 stocks across different segments of the BFSI universe that have held up well in the past six months - and may have more room to run

Broad-based transmission of policy rates still some way off, say experts

RBI has moved liquidity into the surplus side from a deficit four months ago, and some experts feel it may be preparing for monetary transmission before it cuts the repo rate again next week

BFSI sector leases 13.4 msf of office space in 2024, up 19% from 2023: JLL

Foreign BFSI firms accounted for 68.3 per cent of total BFSI leasing in 2024

BFSI GCCs reach new heights in India with neo and mid-sized banks

Their market size is expected to grow to $395 billion in 2026, up from about $19 billion in 2018, according to PwC

BFSI news wrap: RBI Liquidity Boost, Dollar-Rupee Swap, Deposit Insurance Hike & More

The RBI is injecting 1.9 trillion rupees into the banking system to ease tight liquidity expected by FY25-end.

RBI relaxing risk weights to release Rs 40,000 cr capital for banks

Bandhan Bank and IndusInd Bank likely to be biggest beneficiaries of the moves since both have high microfinance exposure

Business correspondents to undergo digital audit, new training models

New audit envisages banks using digital technologies like video-based interviews, geo-tagging technology, and transaction-based controls, committee to be headed by top SBI official

Union Budget FY26: Key banking amendments in the spotlight, yet again

Among the most-watched moves pertaining to the banking sector will be possible changes to the RBI Act, the Banking Regulation Act and the Banking Companies Act