Effective insurance coverage in India could double from 15% to 30% in five years: IRDAI ChairmanOnly about 15 per cent of India's population and businesses are estimated to have effective insurance coverage, a figure that could double ...
15 Oct, 2026, 05.51 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
Canada's Warren Buffett bets his billions on India. What does he see?Prem Watsa’s Fairfax Financial will acquire a 60.72% stake in IDBI Bank for Rs 52,878 crore, marking India’s largest cross-border banking d...
15 Oct, 2026, 02.04 PM IST
Barclays India appoints Bank of America's Sonali Sharma as legal headSonali Sharma has been appointed as managing director and head of legal at Barclays India. She previously served as head of legal and gener...
15 Oct, 2026, 01.57 PM IST
A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...
15 Oct, 2026, 08.55 AM IST
- Fairfax's IDBI deal premium justified by strategic fit, scale: Analysts
Analysts believe this acquisition holds considerable potential, greatly enhancing Fairfax's branch network and deposit portfolio in India, ...
15 Oct, 2026, 12.46 AM IST
IDBI Bank strategic restructuring to attract FDI, boost banking sector, says FM SitharamanThe Cabinet Committee on Economic Affairs approved the strategic restructuring of IDBI Bank to attract foreign investments. The government ...
14 Oct, 2026, 06.24 PM IST
Norwest invests over Rs 300 cr growth equity in SILA’s realty development businessNorwest has made a noteworthy investment of over Rs 300 crore in SILA Properties, valuing the company at Rs 1,000 crore. This strategic fun...
14 Oct, 2026, 04.11 PM IST
These 7 private and public banking stocks have an upside of up to 25% in one year, according to analystsThanks to the US-Iran conflict, the economy has been dealing with higher oil prices for close to seven months. And if inflation starts to c...
14 Oct, 2026, 05.41 AM IST
FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
11 Oct, 2026, 10.57 PM IST
NFO Insight: Aditya Birla Sun Life Financial Services Sectoral Debt Fund opens for subscription. Is it the right time to invest?Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk ...
08 Oct, 2026, 12.31 PM IST
Indian firms seen posting faster profit growth despite global headwindsIndian companies are projected to achieve profit growth during the September quarter despite various challenges affecting different sectors...
08 Oct, 2026, 12.28 PM IST
Rs 13,000 crore blow in September! Why Indian financial stocks are fastest to sell for FIIs this yearFIIs sold Rs 13,147 crore worth of financial services stocks in September, accounting for more than a third of their total equity outflow d...
08 Oct, 2026, 10.02 AM IST
Nifty 50 companies likely to log strong double-digit growth in Q2Revenue and net profit of Nifty 50 companies are projected to grow by nearly 20% year-on-year. Analysts note that performance is driven by ...
07 Oct, 2026, 09.42 AM IST
Finmin asks pvt banks to increase participation in govt's financial inclusion schemesThe Finance Ministry on Tuesday asked private sector banks to step up participation in financial inclusion schemes, including PMMY and Stan...
06 Oct, 2026, 06.48 PM IST
India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
06 Oct, 2026, 10.40 AM IST
PwC India appoints Rajan Pental as financial services sector leaderPwC India has appointed Rajan Pental as the new Financial Services Sector Leader to drive growth. He will lead initiatives aimed at boostin...
29 Sep, 2026, 08.34 PM IST