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PM Jan Dhan scheme marks 12 years, number of accounts crosses 59 cr with Rs 3.17 lakh cr depositsThe Pradhan Mantri Jan Dhan Yojana has completed twelve years of service. Over fifty-nine crore bank accounts now exist under this financia...
Rough patch! How HDFC group delivered a Rs 4.4 lakh crore blow to investors in one yearIn a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC B...
FM Sitharaman cites financial sector boom to woo Canadian investorsIndia's Finance Minister Nirmala Sitharaman sees collaboration opportunities with Canadian banks and fintech firms. She noted India's robus...
How India’s outward FDI has expandedIndian outward investment remains elevated, reaching forty-five percent of last year's total. Financial and business services accounted for...
Sun Life bets of India’s alternative investments like Private credit, infrastructure, Raising stake in India’s insurance business not a priority: Kevin StrainSun Life sees significant growth potential in India's insurance and wealth management sectors. The company is exploring new investment oppo...
These 8 banking stocks have an upside potential of up to 22% in 1 year, according to analystsWhen it comes to the banking sector, one should, at this point of time, give some leeway in terms of credit growth. The more important thin...
Jio Financial to launch AI-powered ‘personal CFO’, membership programmeJio Financial Services will launch an AI personal CFO and membership program with an aim to acquire customers cost-effectively through its ...
Carlisle Investors to approach PMO over alleged HDFC Bank mis-sellingInvestors are planning to write to the Prime Minister's Office this week. They allege mis-selling and substantial losses from a Carlisle pr...
Regional rural banks told to speed up tech adoptionRegional rural banks are urged to accelerate modern technology adoption and digital services. Their net profit reached an all-time high of ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20% in one year, as per analystsWhen the stock market is hit by a mix of head and tail winds, it is probably the right time to look at stocks from sectors witnessing struc...
Sebi drops Rs 3,912 crore probe against Max Financial, Axis Bank over disclosure lapsesSebi has dropped proceedings against Max Financial and its associates. Allegations of disclosure lapses and a fraudulent scheme were not pr...
Sebi drops proceedings against Max Financial, Axis Bank in Max Life deal caseSebi dropped proceedings against Max Financial and Axis entities. Allegations of disclosure lapses and fraud were not established by the re...
NBFCs: How you own them matters more than which you own; 19 NBFC stocks with upside potential ranging from 1% to 31%Like much of the Indian market, valuations in this sector are also not cheap. And when you pay a full price for a sector, the risk of getti...
Air passenger service prices rise 32% in June quarter; rail fares up 3.5%During the June quarter, there was a striking 32 percent year-on-year increase in air passenger service prices, the steepest rise amongst s...
- Govt working on amendments to Actuary Act, 2006: DFS official
The Department of Financial Services is working with the Institute of Actuaries of India to amend the Actuary Act, 2006, a senior Finance M...
LIC gets RBI nod to raise stake in HDFC Bank to nearly 10% from 4.11%Life Insurance Corporation of India received approval from the Reserve Bank of India. This allows LIC to increase its stake in HDFC Bank to...
These 7 bank stocks have an upside potential of up to 27% in one year, according to analystsConsider how things have panned out for the banking sector in Q1 FY27. The quality of loan books has improved. Though credit growth was not...