India's glittering gold loan sector risks sliding into a dark zoneThe gold loan market in India is on a rapid growth trajectory, fueled by true demand alongside possible financial distress among borrowers....
22 Oct, 2026, 02.34 PM IST
NCDEX launches NDEX and FINNDEX indices to foray into equity and derivatives marketsNCDEX has launched NDEX and FINNDEX, two rule-based indices covering large and liquid Indian equities and financial sector stocks. The benc...
22 Oct, 2026, 01.23 PM IST
Aye Finance Q2 Results: Net profit more than doubles to Rs 87 croreAye Finance Ltd's net profit surged to Rs 87 crore in the second quarter of the financial year, a remarkable increase from Rs 35 crore in t...
21 Oct, 2026, 07.00 PM IST
Challenges ahead for Fairfax's management of IDBI Bank post ₹52,878 crore stake deal approvalFairfax Financial's subsidiary has acquired a 60.7% stake in IDBI Bank for ₹52,878 crore, leading to potential operational changes. The new...
21 Oct, 2026, 04.21 PM IST
SBI hit by cyberattack, customer data leaked on dark web: All you need to knowA preliminary analysis found about 375,000 records on the dark web. Of these, 3,897 customer records contained personally identifiable info...
21 Oct, 2026, 12.03 PM IST
These 7 banking stocks have an upside potential of up to 28% in 1 year, according to analystsIf FPI selling returns to the levels seen in April and May, financial sector stocks are the ones likely to be hit the most. This would be i...
20 Oct, 2026, 11.11 PM IST
- Steelmakers may outperform non-ferrous peers in Q2 as higher volumes support earnings
Non-ferrous companies are expected to see a sequential decline in earnings, with revenue and Ebitda expected to fall 2% and 13%, respective...
20 Oct, 2026, 06.49 AM IST
Ireda net profit grows to Rs 554 cr in Sep qtrIreda has announced a net profit of Rs 554 crore for the September quarter of FY27, reflecting a robust financial performance. Revenue from...
19 Oct, 2026, 09.29 PM IST
Bank of America arm seeks CCI nod for up to 49.9% in Jio CreditA summary of proposed transaction noted this involves Jio Credit, a non-banking financial company within the Jio Financial Services group. ...
19 Oct, 2026, 06.44 PM IST
Canadian billionaire and Asian banking titans find ₹1.32 lakh crore worth of interest in IndiaIn recent months, foreign investment in India’s financial sector has grown significantly, resulting in major acquisitions. Fairfax Financia...
19 Oct, 2026, 04.13 PM IST
Moody's sees limited impact on Fairfax leverage from IDBI Bank takeoverFairfax Financial Holdings is preparing to acquire a majority stake in IDBI Bank in India. The Canadian investor's acquisition aims to enha...
19 Oct, 2026, 03.23 PM IST
NBFC stocks in focus: Rising funding costs threaten margins despite robust loan growth and asset qualityThe non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset qual...
19 Oct, 2026, 10.55 AM IST
ICICI Bank Q2 net profit rises 20% to ₹14,843 crore; NIM slips to 4.18% as bank flags further pressure in Q3ICICI Bank reported a 20% year-on-year rise in Q2 net profit to ₹14,843 crore, supported by an 18% increase in net interest income. However...
17 Oct, 2026, 05.36 PM IST
Bajaj Housing Finance Q2 Results: PAT rises 18% YoY to Rs 757 crore, AUM grows 25%Bajaj Housing Finance reported an 18% year-on-year rise in Q2 FY27 profit to Rs 757 crore, while net interest income increased 10%. Assets ...
16 Oct, 2026, 04.52 PM IST
Nandan Nilekani calls for expanding Account Aggregators to reach street vendors for access creditNandan Nilekani emphasizes the importance of expanding the Account Aggregator framework to include self-employed individuals. He highlights...
15 Oct, 2026, 10.45 PM IST
Companies shift to bank loans as bond costs rise, driving 81% share of fresh credit: JefferiesIndian companies are increasingly relying on bank loans as corporate bonds and other borrowing sources become more expensive, with banks ac...
14 Oct, 2026, 03.28 PM IST
Astranova Mobility arm gets NBFC licence, targets Rs 5,000 cr AUM in 5 yearsAstranova Mobility's lending subsidiary, Novafusion Capital, receives approval from the Reserve Bank of India (RBI) to operate as a Non-Ban...
14 Oct, 2026, 01.33 PM IST