Banking, Financial Services and Insurance (BFSI)

Paytm has announced that Non-Resident Indians (NRIs) from 12 countries can now log in to the Paytm app

Paytm UPI update: NRIs can now send and receive money using international mobile numbers

Paytm has rolled out a new feature allowing NRIs from 12 countries to log in with their international mobile numbers…

Updated: October 27, 2025 18:32 IST

AI to take over banking jobs? OpenAI launches ‘Project Mercury’ for automation of entry-level tasks

OpenAI’s Project Mercury enlists ex-investment bankers to train AI for automating junior banker tasks like financial modelling and analysis.

Updated: October 21, 2025 20:25 IST

India Railway Finance Corporation (IRFC) reported a 10.17 per cent YoY profit growth in the second quarter

IRFC Q2 FY26 results: Profit rises 10 per cent YoY, declares interim dividend of Rs 1.05

IRFC reported a 10% YoY rise in profit to ₹1,776.9 crore in Q2 FY26, even as revenue dipped 7.6% to…

October 15, 2025 14:38 IST

IndusInd Bank has appointed Viral Damania as the Chief Financial Officer (CFO) with immediate effect.

IndusInd Bank names Viral Damania as Chief Financial Officer with immediate effect

IndusInd Bank named Viral Damania as its new CFO, succeeding interim finance leadership, as the bank undergoes major changes after…

September 22, 2025 16:10 IST

HDB Financial Services, HDFC Bank, NBFC, banking sector, Q1FY26, profit, revenue, listing, stock exchanges, demerger

Jefferies initiates coverage on HDB Financial: 3 game-changing factors driving 19% upside forecast revealed

Jefferies gives HDB Financial a ‘Buy’ with 19% upside and strong growth outlook—see why investors should take notice.

August 20, 2025 05:45 IST

Shivalik Small Finance Bank, SMBC, acquisition, cooperative entity, investors, fresh equity, funding, capital raise, institutional investors

SMBC-backed fund buys 4.99% stake in Shivalik Small Finance Bank, valuing bank at Rs 1,200 crore

Shivalik Small Finance Bank has raised Rs 100 crore in its third equity round, led by SMBC Asia Rising Fund…

August 14, 2025 11:14 IST

Higher treasury gains drive PSBs’ profitability in Q1

Public sector banks posted Rs 44,218 crore profit in Q1FY26, driven by higher treasury gains amid NIM pressure. SBI led…

August 10, 2025 20:50 IST

SBI, banking sector, banks, Q1FY26, profit, asset quality, loan, deposits, NII, NIM

SBI Q1 Results: Profit rises by 12.48% to Rs 19,160.44 crore, NII down 0.13% – Key details here

State Bank of India (SBI) reported Q1FY26 profit growth of 12.48 per cent to Rs 19,160.44 crore, beating estimates. The…

August 8, 2025 13:27 IST

PNB Housing Finance, resignation, MD& CEO, Girish Kousgi, career aspirations, leadership position, appointment, board of directors, shares, investors, franchise

‘Key Man Risk’ concerns rise at PNB Housing: Motilal Oswal flags need for seasoned successor after Kousgi’s exit

PNB Housing Finance is facing heightened ‘Key Man Risk’ concerns following the sudden resignation of CEO Girish Kousgi. Motilal Oswal…

August 5, 2025 13:57 IST

NSE, market, Aditya Birla Capital, industry, PAT, Aditya Birla Housing Finance

Aditya Birla Capital consolidated PAT rises 10%

Aditya Birla Capital Q1 FY25 net profit rises 10% YoY to Rs 835 crore, driven by strong subsidiary performance. AUM…

August 4, 2025 23:38 IST

PNB Housing share price, PNBHF stock, Motilal Oswal buy rating,

Following CEO exit, PNB Housing strengthens leadership with two senior appointments – Who are they?

PNB Housing Finance announced key leadership appointments following the resignation of MD & CEO Girish Kousgi. Jatul Anand and Valli…

August 4, 2025 11:57 IST

I retain my optimistic view on the future of Indian economy: Deepak Parekh

Manufacturing sector accounted for 54 per cent of new project announcements amounting to Rs 2.3 trillion mainly in sectors like…

Updated: August 2, 2025 11:24 IST

IDBI Bank, BFSI, banking, LIC, Reserve Bank of India, Securities and Exchange Board of India

IDBI Bank sale by March, financial bids in Q3

IDBI Bank’s strategic sale is on track, with financial bids expected by December and completion by March. The government and…

August 1, 2025 23:18 IST

Large deals drive Sonata Software’s Q1 revenue

Among the large deals, the company said it has signed a cloud modernisation deal worth $73 million with a client…

August 1, 2025 06:58 IST

banks, banking, SBI, HDFC, GDP, credit growth, foreign direct investment

FE Exclusive: Nagaraju asks banks to raise capital, lend more

At the FE Modern BFSI Summit, financial services secretary M Nagaraju urges banks to raise capital via FDI, green bonds…

July 25, 2025 21:26 IST

UPI, FDI, economy, MSME, PSB, Banking, Finance, UP Grameen Bank,

FE Exclusive: Banks should not expect to profit from UPI transactions, says M Nagaraju

In an exclusive interview, financial services secretary M Nagaraju says banks shouldn’t expect profits from UPI, highlights dis-intermediation trends, RRB…

July 25, 2025 21:13 IST

HDFC Bank, Banking, banks, MSMEs, agriculture, retail, corporate, mid-corporate,

Canara Bank won’t compromise margins to grow corporate loan book: MD

Canara Bank MD & CEO K Satyanarayana Raju outlines a strategy focused on retail and MSME growth, margin protection, and…

July 25, 2025 20:52 IST

Reserve Bank of India, RBI, Banking, BFSI, BRICS, monetary policy committee

FE Exclusive: Bar is higher for further easing, says RBI Governor Sanjay Malhotra

RBI Governor Sanjay Malhotra signals that further rate cuts will face a higher bar as inflation cools but warns that…

Updated: July 26, 2025 07:28 IST

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Dr Reddy’s plunges 5% – Should investors Buy or Sell now? Analysts weigh in

Market29 min ago

Dr Reddy’s share price dropped due to a Notice of Non-Compliance from Canada’s Pharmaceutical Drugs Directorate. Nomura predicts no approval before 2026 patent expiry, limiting potential growth. Despite reducing target price, the brokerage maintains a ‘Buy’ rating due to attractive valuation compared to peers. The stock has declined in recent trading sessions and the past year.

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