Finance Sector

Check funding limits and net returns before buying property overseas

Overseas property now accounts for 13 per cent of surveyed buyers' wealth, up from about 5 per cent a decade ago. Experts explain the remittance limits, tax obligations and risks investors must assess

Chola targets 20-23% AUM growth in FY27, plans ₹5,000 crore QIP fundraise

Cholamandalam Investment expects 20-23 per cent AUM growth in FY27 and plans a ₹5,000 crore QIP, as its second-quarter net profit rises 41 per cent to ₹1,630 crore

PhonePe launches Tatkal NPS, lets users open pension accounts with ₹250

The new facility allows users to open government-backed NPS accounts digitally with contributions starting at Rs 250, using existing bank KYC details and one-time OTP authentication

BFSI sector must lead infra and manufacturing funding, says Shaktikanta Das

At the Business Standard BFSI Insight Summit 2026, Shaktikanta Das called on banks and financial institutions to boost funding for infrastructure, advanced manufacturing, green finance and MSMEs

SI Arena debuts at BFSI Summit: Bringing market experts closer to investors

This year's edition introduces the Smart Investor (SI) Arena, a dynamic space crafted to empower retail and next-gen investors to make sharper financial moves.

BFSI Summit 2026: Top experts from the finance world to share insights

The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together top regulators, bankers and investors to discuss key challenges facing India's financial sector

BFSI Summit 2026: Shaktikanta Das to Poonam Gupta, here are key speakers

Meet the policymakers, regulators, bankers and investors shaping India's financial future, from monetary policy and market reforms to banking, insurance and investment.

BFSI Summit 2026: Mapping India's financial future, next phase of growth

The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together regulators and industry leaders to discuss banking, markets, AI and economic growth.

Shriram Finance Q2 profit jumps 59% to ₹3,684 crore on auto demand growth

Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to ₹3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year

Open to acquisition to build capabilities: Piramal Finance MD & CEO

Jairam Sridharan says urban and semi-urban markets will drive H2 growth as the lender takes a measured approach to wholesale lending

IL&FS crisis after 8 years: How India's biggest default reshaped regulation

With former finance secretary M Nagaraju taking charge at IL&FS, its resolution enters another phase, with recoveries slated to exceed commitments, even as the crisis has influenced insolvency reforms

Fragmented rules, missing incentives hold back India's green finance growth

A unified green taxonomy, standardised legal documentation, and tangible economic incentives are urgently needed

L&T Finance cautious on rural loans amid weather risks, eyes urban growth

The NBFC expects loan-book growth of over 20 per cent in H2FY27, driven by urban finance and festive demand, while monitoring crop output, rural liquidity and weather-related risks

Shriram Finance to raise FD rates by 15-40 basis points from October 11

The revised rates will apply to deposits of up to ₹10 crore, with 36-60-month deposits earning 7.85 per cent; additional rates for seniors, women and renewals will continue

Twin regulatory moves seek to reshape insurance costs, distribution

PFRDA's NPS Swasthya combines healthcare withdrawals with a super top-up cover, while Irdai proposes tighter commissions and expense limits to curb mis-selling and lower distribution costs

We are well capitalised right now: Navi Finserv MD & CEO Abhishek Dwivedi

'Our target group has been young middle class. Over the years, we have graduated to a slightly higher ticket size doing about Rs 1.5 lakh in average ticket size in unsecured credit or personal loans;

How safe is it to accept finfluencers' investment recommendations?

If you wish to stay safe, stick to the minority that has a Sebi-registered investment adviser or research analyst licence

Social welfare spending is improving quality of lives across states

Devolved funds and tailored welfare schemes empower grassroots development, lifting poor families and driving rural equality

Personal loan vs overdraft: Which one secretly costs you more? | Personal Finance

Banks and fintechs are increasingly offering instant credit options such as personal loans and overdraft (OD) facilities through digital platforms.

India Inc's boardrooms have failed spectacularly at corporate governance

Crash-landings such as the one by Kingfisher Airlines could be ascribed to ill-judged government policy