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FINANCIAL SERVICES SECTOR
India stalls Alipay+ payments link over security, data concerns, sources sayIndia has stalled Alipay+'s proposal to link with its instant payments system. National security concerns and data usage questions are the ...- These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out with the Gulf war, the probability of ever greater volatility in markets across the globe is high. And highe...
- Finance Ministry asks state-owned general insurers to focus on profitable lines of businessPublic sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation a...
- Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
- Mahindra Group appoints Purnima Lamba as Chief Brand OfficerPurnima Lamba has officially stepped into the role of Chief Brand Officer at Mahindra Group, bringing forth a wealth of international exper...
- Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stabilityJapan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...
- Tata Motors secures all regulatory approvals for €3.8 billion Iveco Group acquisitionTata Motors has secured all necessary regulatory approvals for its acquisition. The company's subsidiary obtained prior authorisations unde...
- US job openings rise in July after sharp downward revision in prior monthIn July, US job openings saw an upswing, primarily thanks to advancements in the manufacturing sector. However, various industries experien...
- Oncology firm Novocure says cyberattack exposed US patient recordsThe breach adds to a growing number of cyberattacks on the healthcare sector, including medical device makers Abbott, Stryker Medtronic a...
- India’s growth beat suggests economy on cusp of investment boomIndia's economy grew at a brisk 7.8% pace in the recent quarter. Manufacturing, construction, and services sectors drove this strong econom...
- India rides out West Asia storm as GDP grows 7.8% in April-June quarterIndia's economy demonstrated remarkable strength with a 7.8% growth rate in the June quarter, outpacing earlier estimates and navigating th...
- ET Graphics: Changing face of India’s office martIndia's office market sees expanding occupier demand, with BFSI leading growth. BFSI companies transacted over seven million square feet of...
- HDFC Bank CEO Sashidhar Jagdishan to retire in October, will not seek reappointmentHDFC Bank's Chief Executive Sashidhar Jagdishan will retire in October. He has decided not to seek reappointment when his current term ends...
- Bajaj Finance, L&T Finance poised to benefit as NBFC earnings recovery broadens: Siddhartha KhemkaIndia’s NBFC sector is showing signs of a broad-based cyclical recovery, with FY27 first-quarter results pointing to stronger loan growth, ...
- Foreign BFSI firms setting up more GCCs; rent highest 7.32 million sq ft office space in H1: Knight FrankForeign banking firms significantly boosted office space leasing for global centers. This sector's demand for office space rose seventy per...
- Former Nomura banker Mangesh Ghogre joins BTIGBTIG appointed Mangesh Ghogre as managing director in its Industrials Investment Banking group. Ghogre will focus on metals and mining cove...
- Shifting Gears: PSBs borrow more to cater to credit demand as deposits lagPublic sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private...
- 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...
- Regional Rural Banks post all-time high net profit of Rs 10,176 crore in FY25-26; total business crosses Rs 13.5 lakh croreRegional Rural Banks (RRBs) reported a record consolidated net profit of ₹10,176 crore in FY26, up from ₹6,820 crore a year earlier, while ...
- Indian banks are in their best shape in a decade: Motilal OswalIndian banks are in their strongest position in a decade, with gross NPAs near historic lows and robust capital buffers, Motilal Oswal Fina...
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