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FINANCIAL SERVICES
Bank of America arm seeks CCI nod for up to 49.9% in Jio CreditA summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. ...19 Oct, 2026, 06.44 PM IST- NABVENTURES plans Rs 30-70 crore bets on growth-stage firms in Fund IINABVENTURES aims to invest ₹30-70 crore per company in agriculture, rural financial services, and climate solutions. The venture capital ar...19 Oct, 2026, 05.36 PM IST
- Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...19 Oct, 2026, 03.23 PM IST
- 11 years, zero net FII flow: How a $64 billion outflow erased 9 years of equity buyingForeign institutional investors have dramatically pulled back from Indian equities, reversing nearly nine years of consistent investment. A...19 Oct, 2026, 09.45 AM IST
- Cyberattacks on critical financial infra could disrupt payments, credit and market confidence, IMF warnsCyberattacks targeting critical financial institutions and market infrastructure could disrupt essential financial services and undermine m...19 Oct, 2026, 08.46 AM IST
- Bandhan Fin to explore health insurance foray post stabilisation of recent acquisitions: Chairman GhoshBandhan Financial Services is exploring opportunities in the health insurance sector after recent acquisitions. The company intends to focu...18 Oct, 2026, 02.50 PM IST
- LTM profit dips marginally, revenue up 13.6% YoYRevenue recorded healthy growth on a year-on-year (YoY) basis by 13.6% to Rs 11,807.6 crore supported by financial services, consumer and p...16 Oct, 2026, 07.51 PM IST
- Fairfax gets 15 years to reduce stake in IDBI Bank to 26%Fairfax Financial Holdings will acquire a 60.72% stake in IDBI Bank and reduce its ownership over 15 years. The Reserve Bank of India has a...16 Oct, 2026, 03.36 PM IST
- Jio Financial Services Q2 Results: PAT drops 51% YoY to Rs 340 crore; NII soars 165%Jio Financial Services reported a 51% year-on-year decline in Q2 FY27 profit to Rs 340 crore, despite total income rising 132% and net inte...15 Oct, 2026, 08.21 PM IST
- Fairfax plans to bring Digit, IIFL Capital under IDBI BankFairfax Financial Holdings plans to bring its interests in Go Digit and IIFL Capital Services under IDBI Bank, creating a financial-service...15 Oct, 2026, 03.38 PM IST
- Fairfax plans to fold IIFL Capital, Digit into IDBI Bank after Rs 52,878 crore India dealFairfax Financial Holdings plans to bring its Indian financial investments under IDBI Bank after India's approval of a Rs 52,878 crore ($5....15 Oct, 2026, 02.32 PM IST
- Stocks in news: Reliance Industries, Jio Financial, Tata Tech, HDB Financial and WiproIndian equity benchmarks ended lower after a volatile session influenced by strong wholesale inflation and elevated crude oil prices. The N...15 Oct, 2026, 06.00 AM IST
- HDB Financial Q2 profit climbs 34%, NIM improves year on year, eyes stronger disbursements in H2HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, ...14 Oct, 2026, 09.32 PM IST
- After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the countryBlackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He...14 Oct, 2026, 11.31 AM IST
- Former financial services secretary Nagaraju Maddirala appointed IL&FS CMD for two yearsNagaraju Maddirala, previously a financial services secretary, has been appointed Chairman and Managing Director of IL&FS. His appointment ...13 Oct, 2026, 08.23 PM IST
- OnMeta accelerates global expansion; signs MoU with Kazakhstan's QazPostOnMeta has signed a memorandum of understanding with QazPost to explore digital financial solutions. This collaboration aims to integrate O...13 Oct, 2026, 07.14 PM IST
- Bandhan Bank shares jump 7% as Abu Dhabi’s IHC explores stake in promoter Bandhan Financial ServicesBandhan Bank shares jumped nearly 7% after reports that Abu Dhabi-based IHC was in early-stage discussions to acquire a promoter stake in B...13 Oct, 2026, 10.31 AM IST
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