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FINANCIAL SERVICES
Jio BlackRock AMC launches regular mutual fund plans available via distributorsJioBlackRock Asset Management has launched regular plans for eligible mutual fund schemes, expanding beyond its existing direct-plan offeri...- Airtel Payments Bank names Shabnam Sinha as chairperson, succeeding Sunil MittalShabnam Sinha will become Airtel Payments Bank chairperson from October 1, 2026. She succeeds Sunil Bharti Mittal, who steps down after ser...
- GFF 2026: Why agentic AI is becoming a key theme for financial servicesAgentic AI is emerging as a key technology for financial services. These systems can assess situations and carry out workflows independentl...
- SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil AnandSIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...
- JMJ Fintech Q1 net profit rises 72.48% to ₹1.97 crore; AUM surges 82%JMJ Fintech reported a 72.48% year-on-year net profit increase to ₹1.97 crore. Assets under management rose 82.11% compared to the previous...
- How India's digital infrastructure opened global markets to Indian investorsIndian residents' outward remittances have significantly increased, reaching a record USD 31.73 billion by FY2023-24. Digital reforms and i...
- Equity investments should give about 15% annual returns over next 5 years: Raamdeo AgrawalAccording to Raamdeo Agrawal of Motilal Oswal, Indian equities may yield a promising fifteen percent annual return over the upcoming five y...
- The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
- D-Street ends in red for a third week on West Asia deal delay, oil spikeThe Indian equity market saw a decline on Friday, ending a lackluster trading week as geopolitical tensions and rising crude oil prices loo...
- Bank of America's $1.9 billion Jio bet shows global banks want a slice of India's retail lending marketBank of America is set to invest a substantial $1.9 billion into Jio Financial's Jio Credit, marking a significant show of confidence in In...
- Jio Financial shares jump 3% as Bank of America set to acquire 50% stake in Jio Credit for Rs 18,268 croreJio Financial Services shares: Bank of America agreed to acquire up to 49.9% in its lending arm Jio Credit through a Rs 18,268 crore joint ...
- Godrej Consumer shares tumble on CEO exit, technicals signal more downsideGodrej Consumer Products shares have experienced a notable drop following the unexpected exit of the chief executive. This abrupt change ha...
- Bank of America invests around Rs 18,268 crore for 49.9% stake in Jio CreditBank of America will invest up to $1.9 billion in Jio Credit. This significant foreign investment aims to acquire nearly fifty percent of t...
- BofA to invest $1.9 billion for 49.9% stake in Jio Financial NBFC unitBank of America is making headlines with its planned acquisition of a substantial 26.5 percent interest in Jio Credit. This deal, involving...
- Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
- IPO Rush: 34 companies race to launch issues worth Rs 45,000 crore by September 30As September 30 approaches, thirty-four companies are hustling to roll out their initial public offerings to bypass further regulatory hurd...
- In financial services, trust comes before speed; AI doesn't replace itIndia is a compelling place to test that idea, because India has been quietly building something transformative. Only a decade ago, shopkee...
- Standard Chartered to offer wealth products in India's GIFT City finance hubStandard Chartered secured in-principle approval to offer wealth management products in GIFT City. The International Financial Services Cen...
- IMF flags rising financial stability risks as BigTech expands deeper into payments, lending and financial servicesThe International Monetary Fund (IMF) has warned that the growing role of large technology companies in financial services could pose risks...
- Jio Financial Services shares rise 2% after firm sets record date for dividend. What to expect?Jio Financial Services shares rose, extending their weekly gains beyond 10%, after the company fixed August 10 as the record date for its R...
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