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BANKING AND FINANCIAL SERVICES PERFORMANCE
RBI special windows seen big enough to bring in $100BIndia's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over f...- Indian companies build inventories amid rising commodity prices, supply chain risks: ReportIndian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodi...
- Paytm App and Paytm UPI payments working normallyPaytm confirms its app and UPI services are operating without any issues. The company reported its highest quarterly EBITDA in Q1 FY27. Ope...
- Jio Financial Services sets record date for dividend. Check detailsJio Financial Services set August 10 as the record date for its final dividend. The company reported significant year-on-year profit and re...
- Govt extends IFSC Authority Chairman K Rajaraman's tenure till Oct 2028K Rajaraman's term as IFSCA Chairman has been extended by 27 months. He will continue in this role until July 31, 2026, or his 65th birthda...
- Maldives launches Favara-UPI payment service with IndiaMaldives has launched real-time fund transfers to India using UPI. This integration connects Maldives' Favara system with India's popular p...
- Global Market: Nikkei ends sharply higher as global AI momentum boosts marketsJapan’s Nikkei index surged 4% to 64,362.02 on Friday, boosted by global AI optimism following strong Microsoft earnings. Advantest jumped ...
- Can Manipal Health IPO deliver long-term growth for high risk investors?Manipal Health Enterprises plans to raise ₹8,000 crore through a fresh issue for debt repayment and expansion. The company's revenue grew s...
- Cognizant lifts annual profit forecast on strong financial services growthCognizant Technology forecasts third-quarter revenue below Wall Street estimates. Clients remain cautious on discretionary IT spending and ...
- Amazon Web Services India net profit jumps over 10-fold to Rs 242 cr in FY26In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8...
- Dhanlaxmi Bank Q1 profit more than doubles on lower provisionsDhanlaxmi Bank reported a more than twofold rise in Q1 net profit to Rs 24.9 crore, driven by higher income and lower provisions. Asset qua...
- The evolution of mobile banking apps into financial operating systemsMobile banking apps now serve as primary financial interfaces for millions. Consumers expect a single platform for all their financial need...
- Elon Musk launches invite-only X Money with a Visa debit card, 6% yield and real-time transfersElon Musk's X platform has launched X Money, a new financial service. This service allows users to send money to each other in real-time. X...
- Happiest Minds reports 18% rise in Q1 net profitThe company’s product and digital engineering services segment led the overall growth, gaining 75.4% sequentially, while the infrastructure...
- Minimum balance charges swell pvt banks' coffers by nearly Rs 5,000 cr in FY26Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 c...
- How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
- Musk's X adds Money banking service under 'everything app' pushElon Musk's social media app X on Monday began offering its X Money banking service to all US subscribers of its paid Premium and Premium+ ...
- Bank of Baroda shares fall 2% after Q1 earnings. Why are brokerages slashing target prices?Bank of Baroda shares fell after a sharp 72% drop in Q1 net profit due to a one-off NMC Health settlement. Brokerages cut target prices des...
- Global Market: Macquarie names Greg Ward as next CEO, signalling leadership continuityMacquarie Group has appointed Greg Ward as its new chief executive officer. Investors view this leadership transition as a vote of confiden...
- Oracle Financial Services shares jump 5% on strong Q1 results; PAT soars 121%, revenue up 69%Oracle Financial Services Software shares rose 5% on Thursday. The company reported a 121% year-on-year net income increase. Revenue from o...
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