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FINANCIAL SERVICES INDIA
Netflix India's FY26 net up 6% at Rs 90 croreNetflix India reported a 6% year-on-year rise in net profit to Rs 90 crore in FY26. Total income increased by 17% to Rs 4,477 crore, primar...- TPG invests ₹525 crore in Kirloskar-backed Arka FincapThe Rise Funds of TPG is planning a significant investment of ₹525 crore into Arka Fincap, backed by the Kirloskar Group. This investment h...
- IFC extends $150 million credit line to SBI in first investment in an Indian state-owned bankThe International Finance Corporation has extended a $150 million social loan to State Bank of India to support agricultural financing for ...
- MobiKwik gets RBI nod for NBFC arm, plans to launch in 3-6 monthsThe Reserve Bank of India has officially granted MobiKwik Financial Services the green light to operate as an NBFC. With an eye towards dis...
- MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
- Barclays infuses Rs 1500 cr into Indian operationsBarclays Bank Plc has infused over ₹1,500 crore (£125 million) into its Indian operations, marking its third capital infusion in five years...
- India bonds climb in step with Treasuries as oil sinksIndian government bonds increased for the fourth consecutive session following a Democratic win in the US midterm elections. This victory l...
- BharatPe taps former Bajaj Finance executive Mohit Mittal to lead investmentsHe was previously the business head of investment marketplace at Bajaj Finance, where he helped build a digital platform with more than 50 ...
- India's payments authority NPCI forms unit to push into AI, blockchain techThe National Payments Corporation of India has created a technology subsidiary known as NPCI Tech Solutions Limited. This new unit will foc...
- India's payments authority NPCI forms unit to push into AI, blockchain techThe payments authority's chief technology officer Vishal Kanvaty, who has been associated with NPCI for nearly a decade, has been appointed...
- Trump's loss in US midterms hands Indian gold buyers new setup before DhanterasGold prices surged over 2% on Wednesday, with a weaker US dollar and lower Treasury yields supporting the rally after Democrats made gains ...
- L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scalePitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk ab...
- SBI share price target: Jefferies, Motilal, others see up to 34% upside in state lender. Buy, sell or hold?State Bank of India has seen a remarkable 15% increase in profits year-on-year, totaling Rs 23,038 crore for the second quarter. With a loa...
- These 11 private and public banking stocks have an upside of up to 33% in 1 year, according to analystsIt is too early to read a lot into the divergence seen in the stock price movements of private and PSU banks on Tuesday. Neither can it be ...
- CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investmentKotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition wil...
- Apple posts record revenue in India in September quarter; iPhone upgrades, Mac and services hit new highsApple reported its highest-ever quarterly revenue in India during the September quarter, along with record performances in its Mac business...
- India's economic pillars show 'no fragility', says Finance Minister Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic gro...
- Spandana Sphoorty Financial reports cyberattack involving its bank accountSpandana Sphoorty Financial encountered a cyber fraud incident with unauthorized transactions on November 1. The amount involved was approx...
- CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led NaviCompetition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in Indi...
- CCI clears five major deals across food, energy, fintech and telecom sectorsCCI has granted approval for five significant business transactions in sectors like food services and renewable energy. The merger of Sapph...
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