Latest News
HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
News
HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
Shri Surjit Bhujabal inaugurates ICEGATE–LPMS integration at ICP Agartala, advancing digital transformation in cross-border trade
Shri Surjit Bhujabal, the Special Secretary & Member (Customs), Central Board of Indirect Taxes & Customs (CBIC), today inaugurated the integration of the Indian...
Indian banking sector posts record profits; NPAs fall to decade-low as reforms pay off
India’s banking sector has recorded a marked turnaround in financial health over the past decade, driven by sustained government-led reforms, timely recapitalisation, and stronger...
Equity inflows slowing from its July 2025 peak: Viraj Gandhi, CEO of SAMCO Mutual Fund
Equity inflows have started to cool after a strong run, with signs that the momentum seen at the July 2025 peak is no longer...
SWAMIH Fund has protected homebuyers’ interests, revived the housing sector, generated employment, and strengthened overall economy
After the approval of the Union Cabinet chaired by Prime Minister Shri Narendra Modi, the Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment...
SEBI facilitates seamless digital signature certificate functionality for FPIs
The Securities and Exchange Board of India (SEBI) has taken another step toward fully digitising the Foreign Portfolio Investor (FPI) onboarding process by enabling...
Crypto
Bakkt agrees to acquire Distributed echnologies Research Ltd.
Bakkt Holdings, Inc. (“Bakkt” or the “Company”) today announced that it has agreed to acquire Distributed Technologies Research Ltd. (“DTR”), a global stablecoin payment...
Binance: Regulation, record scale, and the shift toward crypto as financial infrastructure
Binance's State of the Blockchain 2025 year-in-review report is out, highlighting the most important themes and growth metrics across regulation, liquidity, Web3 discovery, institutional...
Open Campus partners with government of Madhya Pradesh and Geeks of Gurukul to digitize 50 million academic records
Open Campus, the community-led decentralized autonomous organization (DAO) building the blockchain-powered financial layer for education, today announced it has entered into a Memorandum of...
Mutual Fund
Record SIP inflows anchor mutual fund industry as December ends with steady investor confidence
The Indian mutual fund industry closed December 2025 on a strong note, with record Systematic Investment Plan (SIP) inflows and steady investor participation, even...
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FinTech
Proposed IBC amendments encouraging, given persistently low recovery rates and lengthy resolutions: ICRA
ICRA expects the proposed amendments introduced to Insolvency and Bankruptcy Code (IBC), in Parliament along with other reforms and proposals put forth by Ministry...
ICRA Analytics Limited appointment of Mr. Shailendra Chikkhebagilu Mruthyunjayappa, President & CEO, ICRA analytics
In a disclosure to the Securities and Exchange Board of India (SEBI), ICRA Limited informed that its wholly owned subsidiary, ICRA Analytics Limited, has...
Intellect delivers consistent growth momentum with 34% YoY revenue increase to INR 789 Cr and 68% surge in EBITDA to INR 184 Cr in...
Intellect Design Arena Ltd, an enterprise-grade global financial technology leader, known for its application of First Principles Thinking, Open Finance Architecture, and Design Thinking to...
NCBA upgrades its online Corporate Banking platform, becoming the First Bank in East Africa to deploy Intellect’s cloud-based banking solution
NCBA, has today launched Connect Plus, an enhanced transaction banking platform powered by Intellect’s eMACH.ai Digital Transaction Banking technology. This strategic upgrade significantly enhances...
Bank
Indian banking sector posts record profits; NPAs fall to decade-low as reforms pay off
India’s banking sector has recorded a marked turnaround in financial health over the past decade, driven by sustained government-led reforms, timely recapitalisation, and stronger...
Inter-Departmental committee meets to review proposals of foreign banks seeking presence in India
The Inter-Departmental Committee (IDC), chaired by the Secretary, Department of Financial Services (DFS), Shri M. Nagaraju, held a meeting today to consider proposals submitted...
Bank Credit growth maintains robust momentum
Bank credit growth in India continues to remain resilient, reflecting sustained lending momentum across key segments of the economy. As per the latest data...
BFSI news: Department of Financial Services (DFS) streamlines and strengthens grievance redressal mechanism in banks, financial services and insurance (BFSI) sectors
The Department of Financial Services (DFS), Ministry of Finance has been undertaking several key initiatives aimed at streamlining the process of grievance redressal mechanism...
IPO
Upcoming IPO Update: Amagi Media Labs IPO to open next week- Key details investors should know before applying
Amagi Media Labs is set to open its initial public offering next week, bringing a ₹1,788.62 crore issue to the market and giving investors...
BCCL IPO update: Falling GMP signals shift in market sentiment -Here’s what to know
The initial public offering of Bharat Coking Coal Limited (BCCL) is seeing a cooling of investor enthusiasm as its grey market premium (GMP) has...
Strong start for ICICI Prudential AMC IPO as QIB quota gets fully subscribed on opening day
ICICI Prudential AMC initial public offering opened to a moderate response on the first day, with overall bids reaching 0.73 times the shares on...
Retail leads NSDL IPO with 100% bids as QIBs 50%; Day 1 Subscription 38%
The highly anticipated initial public offering (IPO) of National Securities Depository Limited (NSDL), valued at ₹4,012 crore, recorded a 159% subscription on its opening...
Stock
ABB Switzerland quarterly results: Solid demand; record-high Operational EBITA margin
ABB Switzerland quarterly result Update:KEY FIGURESCHANGECHANGE($ millions, unless otherwise indicated)
Q2 2024
Q2 2023
US$
Comparable1
H1 2024
H1 2023
US$
Comparable1Orders
8,435
8,667
-3%
0%
17,409
18,117
-4%
-2%Revenues
8,239
8,163
1%
4%
16,109
16,022
1%
3%Gross Profit
3,174
2,888
10%6,109
5,604
9%as % of revenues
38.5%
35.4%
+3.1 pts37.9%
35.0%
+2.9 ptsIncome from operations
1,376
1,298
6%2,593
2,496
4%Operational EBITA1
1,564
1,425
10%
12% 3
2,981
2,702
10%
11% 3as %...
Zomato share price update: Stock slip from 52 week high
Zomato shrare price:
Zomato's share slipped from its 52-week high yesterday, and today (July 2, 2024), the stock opened 0.80 paise lower. A brokerage house...
ABB’s net-zero target approved by the science based targets initiative
ABB news update
ABB welcomes the approval of its emissions reduction targets by the Science Based Targets initiative (SBTi). As part of the company’s efforts to enable...
ABB investing $35 million in new U.K. earthing and lightning protection factory
ABB Announces $35 Million Investment in Nottingham Facility for Advanced Lightning Protection Solutions
Lightning strikes and electrical surges disrupt critical operations and cause billions of...
UBS unveils framework to capitalize on AI investment opportunities
UBS introduces framework to size and seize the AI investment opportunity
The launch of ChatGPT marked a watershed moment for AI and its adoption, and...
NBFC
HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
2025 marks pivotal shift in india’s financial landscape as aspirations, digital growth fuel momentum: Ramesh G, MD & CEO, HDB financial services
Ramesh G, Managing Director & Chief Executive Officer of HDB Financial Services, shared his year-end outlook, highlighting 2025 as a pivotal year for India’s...
India’s credit landscape sees shift towards premium consumption and Digital-First Lending
India’s retail credit landscape is undergoing a structural shift, driven by rising consumer aspiration, increasing preference for premium products, and rapid adoption of digital-first...
Mahindra Finance reports 54% growth in profit to ₹569 crore
The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance / MMFSL), a leading provider of financial services in Emerging India,...
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LATEST ARTICLES
HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
Global business challenged by rapid emergence of a new age of competition
Global business leaders are facing mounting risks, as deepening geopolitical divides, along with growing technological and societal challenges, are expected to continue to shape...
The Great Silver Squeeze: Demand, Fear, and a Price Reckoning
Consider, for a moment, the quiet metal that has long moved in the shadows of its more illustrious cousin, gold. Today, that metal—silver—is stepping...
UK – Low financial confidence is ‘locking the door’ on British entrepreneurial ambition
A critical chasm in financial confidence is preventing Britain’s small businesses from growing or even starting up at all, according to Xero’s newly formed...
Ant International reaches over 2 billion transactions across key emerging markets in 2025, Expanding AI payments and digital commerce tools for inclusive growth
Ant International supported over 2 billion digital cross-border transactions in 2025 for merchants in its core emerging markets including Southeast Asia (SEA), South Asia,...
Bakkt agrees to acquire Distributed echnologies Research Ltd.
Bakkt Holdings, Inc. (“Bakkt” or the “Company”) today announced that it has agreed to acquire Distributed Technologies Research Ltd. (“DTR”), a global stablecoin payment...
ABB chosen to supply technology for BC Ferries’ New Major Vessels
ABB will supply a complete package of power, propulsion and control technology for four new double-ended passenger and car ferries operated by British Columbia...
Shri Surjit Bhujabal inaugurates ICEGATE–LPMS integration at ICP Agartala, advancing digital transformation in cross-border trade
Shri Surjit Bhujabal, the Special Secretary & Member (Customs), Central Board of Indirect Taxes & Customs (CBIC), today inaugurated the integration of the Indian...
Ant International partners with Google’s Universal Commerce Protocol to expand AI capabilities
Ant International, a leading global payment, digitisation, and financial technology provider, is collaborating on the launch of Google’s Universal Commerce Protocol (UCP), a new open...
Indian banking sector posts record profits; NPAs fall to decade-low as reforms pay off
India’s banking sector has recorded a marked turnaround in financial health over the past decade, driven by sustained government-led reforms, timely recapitalisation, and stronger...
Most Popular
HDB Financial Services Q3 FY26 result: Strong growth & prudent provisioning drive profits Up 36%, PAT soars to ₹644 crore
AUM Crosses ₹1.14 Lakh Crore Mark as Pre-Provisioning Operating Profit Jumps 23.2%; Company Fortifies Balance Sheet with Labour Code & NPA Provisions
Leading financial services...
Global business challenged by rapid emergence of a new age of competition
Global business leaders are facing mounting risks, as deepening geopolitical divides, along with growing technological and societal challenges, are expected to continue to shape...
The Great Silver Squeeze: Demand, Fear, and a Price Reckoning
Consider, for a moment, the quiet metal that has long moved in the shadows of its more illustrious cousin, gold. Today, that metal—silver—is stepping...
UK – Low financial confidence is ‘locking the door’ on British entrepreneurial ambition
A critical chasm in financial confidence is preventing Britain’s small businesses from growing or even starting up at all, according to Xero’s newly formed...