Financial Sector
RBI seeks to tighten oversight of govt NBFCs with new classification norms
Uncertainty lingers over Tata Sons de-classification as upper-layer NBFC
 "RBI seeks to tighten oversight of govt NBFCs with new classification norms")
Beyond oil shock, Iran war is quietly straining India's financial system
A new report has flagged a delayed risk cycle for India from the US-Iran conflict, as liquidity tightens and cash-flow stress builds before defaults, even as headline indicators remain stable
 "Beyond oil shock, Iran war is quietly straining India's financial system")
JioBlackRock CEO Marc Pilgrem to exit, Swapnil Bhaskar to take charge
Marc Pilgrem will step down from JioBlackRock Investment Advisers and return to BlackRock, with Swapnil Bhaskar set to take over as CEO as the venture expands its digital wealth platform
 "JioBlackRock CEO Marc Pilgrem to exit, Swapnil Bhaskar to take charge")
India needs bigger banks, consolidation for $30 trn goal: Former RBI DG
Former RBI deputy governor flags need for larger financial institutions, stronger capital base and consolidation across banking and NBFC sectors to support economic expansion
 "India needs bigger banks, consolidation for $30 trn goal: Former RBI DG")
Institutional investors tilt to financials; capex sectors in focus: Antique
In January 2026, mutual funds increased their exposure to domestic sectors such as services, cement, real estate, consumer services, financial services, and power & utilities
 "Institutional investors tilt to financials; capex sectors in focus: Antique")
Budget 2026: Industrial policy takes centre stage, deeper fixes pending
And bigger problems await from policy bottlenecks that the Budget has left untouched
 "Budget 2026: Industrial policy takes centre stage, deeper fixes pending")
Financial Services to Auto: How the Budget 2026-27 affects key sectors
High-level committee on banking for Viksit Bharat to steer banking reforms for next growth phase
 "Financial Services to Auto: How the Budget 2026-27 affects key sectors")
PSBs are setting benchmarks for the India's BFSI sector, says M Nagaraju
Any future public-sector bank consolidation must carefully weigh the pros and cons, including whether it will deliver meaningful synergies, says Nagaraju
 "PSBs are setting benchmarks for the India's BFSI sector, says M Nagaraju")
Eco Survey calls for shift from entity-based to activity-based regulation
Regulators must walk the tightrope to balance growth with stability
 "Eco Survey calls for shift from entity-based to activity-based regulation")
Enforcement, not rule-making, is the real financial sector reform
In the financial sector, replacing existing regulations with new ones often adds costs without improving outcome
 "Enforcement, not rule-making, is the real financial sector reform")
JM Financial sees steady growth in financials; favours select bank stocks
Among its top stock picks, JM Financial continues to back large lenders, including State Bank of India (SBI), ICICI Bank, Bank of Baroda (BoB), and Axis Bank
 "JM Financial sees steady growth in financials; favours select bank stocks")
Gains from decontrol: Removing constraints offers substantial gains
While factories faced headwinds, Indian finance gained ground in the eyes of global strategic capital
 "Gains from decontrol: Removing constraints offers substantial gains")
Why fixing the RBI-government ties matters for India's growth ambitions
The relationship between the central bank and the government is holding back India's financial sector
 "Why fixing the RBI-government ties matters for India's growth ambitions")
Global shadow banking assets cross $250 trn as watchdog warns on data
Within non banks, the fastest growth was in trust companies, hedge funds, money market funds and other investment funds, which all posted double digit rates of growth
 "Global shadow banking assets cross $250 trn as watchdog warns on data")
Trai sets deadlines for BFSI to adopt '1600' series for official calls
Trai said the direction has been issued "to enhance consumer trust, curbing spam, and preventing fraudulent activities perpetrated through voice calls"
 "Trai sets deadlines for BFSI to adopt '1600' series for official calls")
GST reforms expected to ignite animal spirits in financial sector: DEA secy
Recent uncertainties created by global tariffs have not impacted the Indian economy severely, she said
 "GST reforms expected to ignite animal spirits in financial sector: DEA secy")
BS BFSI Summit: Specialised banks needed for niche mkts, says M Nagaraju
DFS Secretary M Nagaraju says India's financial sector is at its strongest ever, with PSBs recording record profits and NPAs at historic lows, but urges focus on MSME lending and cybersecurity
 "BS BFSI Summit: Specialised banks needed for niche mkts, says M Nagaraju")
Public sector banks setting benchmarks for BFSI sector, says M Nagaraju
At the Business Standard BFSI Insight Summit 2025, Secretary, Dept of Financial Services, M Nagaraju said that India's financial sector is at the pinkest possible period of time in history
 "Public sector banks setting benchmarks for BFSI sector, says M Nagaraju")
Fintech NBFCs grew faster than industry, but both show annual moderation
Operating on a small-ticket, high-volume model, fintech-driven NBFCs saw active loans grow by 25.6 per cent on an annual basis, outperforming the overall NBFC industry's 15.1 per cent growth
 "Fintech NBFCs grew faster than industry, but both show annual moderation")
India's financial sector sees $8 billion in deals, M&As jump 127% in 2025
In May, Japan's Sumitomo Mitsui Banking Corporation (SMBC) agreed to acquire a 20 per cent stake in Yes Bank for $1.6 billion
 "India's financial sector sees $8 billion in deals, M&As jump 127% in 2025")