IIHL forms JV with Invesco; aims to be global BFSI powerhouse by 2030 IndusInd International Holdings (IIHL) has completed the acquisition of a 60% stake in Invesco Asset Management Co., forming a new… 2 weeks agoNovember 3, 2025
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… 3 weeks agoOctober 27, 2025
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. 4 weeks agoOctober 21, 2025
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… 1 month agoOctober 15, 2025
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… 2 months agoSeptember 22, 2025
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. 3 months agoAugust 19, 2025
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… 3 months ago
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… 3 months agoAugust 10, 2025
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… 3 months ago
‘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… 3 months ago
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… 3 months agoAugust 4, 2025
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… 3 months ago
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… 3 months agoAugust 2, 2025
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… 4 months agoAugust 1, 2025
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… 4 months agoAugust 1, 2025
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… 4 months agoJuly 25, 2025
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… 4 months agoJuly 25, 2025
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… 4 months agoJuly 25, 2025
FE Exclusive: ‘Rate transmission of 50 bps has happened; that’s rapid, validating our strategy, ’ says Sanjay Malhotra
