Page 2 of Banking, Financial Services and Insurance (BFSI) News

Infosys is set to announce its Q1FY26 results today. Analysts expect steady performance driven by BFSI recovery, large deal ramp-ups,…

PNB Housing targets Rs 1 lakh crore retail book by FY27, with Rs 9,500 crore in affordable housing loans by…

The two firms also entered into a non-binding agreement for setting up equally owned joint ventures for both general and…

The banking sector is expected to see a decline in both profits and margins. Additionally, the loan growth for the…

The government is considering a fresh wave of financial sector reforms, including possible consolidation of public sector banks and raising…

HDFC Life’s Value of New Business (VNB) increased by 12.7 percent YoY. For Q1FY26, the Value of New Business for…

ICICI Prudential Life posted a 34 per cent YoY rise in Q1FY26 profit to Rs 302 crore, driven by lower…

A structured approach is important to make AI adoption in BFSI deeper and wider.

ICICI Prudential Asset Management Company has filed for an IPO, prompting questions about ICICI Bank’s ability to retain majority control.

Jio BlackRock Asset Management raised Rs 17,800 crore in its debut mutual fund offering, attracting strong institutional and retail participation.

Microfinance business set to rebound in two quarters, says Sa-Dhan CEO Jiji Mammen. With RBI easing qualifying asset norms and…

India’s insurance industry is poised for transformation by 2040, driven by AI, shifting customer needs, and climate risks. At the…

Paytm stock dips 10% after Finance Ministry clarifies no MDR on UPI transactions, dampening revenue hopes for payment gateways. Despite…

Shantanu Mitra, CEO and MD of SMFG India Credit, has informed the board of his decision to step down by…

Nifty Bank hits record highs after RBI cuts CRR and repo rates. Discover the ripple effects on banking stocks!

The finance ministry has urged RBI to exempt gold loans under Rs 2 lakh from draft norms to protect small…

PayPal Payments Private Limited has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment…

IndusInd Bank reports a Q4FY25 loss of Rs 2,236 crore—its worst in 19 years—amid derivative fraud and microfinance misreporting. Net…