Financial services sector welcomes government plan to add 9,000 jobs
Financial Services Ireland (FSI) has welcomed the government's commitment to increase employment in financial services to 70,000 by the end of the decade.
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Financial Services Ireland (FSI) has welcomed the government's commitment to increase employment in financial services to 70,000 by the end of the decade.
Financials remain one of the strongest sector bets in the current market, according to Vaibhav Sanghavi, CEO, ASK Hedge Solutions. He explains why private banks and NBFCs are well...
Elsewhere, energy sector gains drove a broad-based jump in operating profits last quarter, with oil and gas alone rising nearly 70%
Individuals take different types of loans to meet essential needs, which increases import bill
The $136.4 billion FCNR(B) inflow has strengthened system liquidity, with NBFCs and small private banks emerging as potential bigger beneficiaries. Jefferies says the liquidity boo...
With interest rates in the bond market tightening, corporates tapped banks for credit in a big way in the first three months of current
NBFCs are emerging as a key growth segment within financial services, supported by strong capitalisation, healthy asset quality and rising consumption. Asit Bhandarkar, Senior Fund...
Beyond capital market operations, the lender is rapidly expanding its primary lending engine. SBI's mortgage portfolio is projected to cross the landmark ₹10 lakh crore mark within...
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Banks saw stronger loan demand across key sectors, but slower deposit growth kept funding pressures elevated and the system-wide LDR high
Financials are running away as a group, with just about every corner offering something compelling for investors.
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Corporate loan growth outpaces retail advances at top private banks
The FM and AP Chief Minister distribute ₹3,216 crore in loans to over 1.03 lakh beneficiaries in Palnadu, AP
Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap. The meeting will also focus on deposit...
The new lending avenue is helping banks tap sectors such as software, where companies traditionally have had limited need for bank financing.
Across the region, governments want banks to remain conservative and startups to become more ambitious. Those goals are compatible only when other institutions are prepared to fina...
As consumer fintech attracted most of the attention over the past decade, another shift was taking p...
In a notable development, foreign BFSI companies ramped up their leasing activities for global centers in India, resulting in a remarkable seventy percent year-on-year rise. Conver...
For decades, small and medium-sized enterprises had a predictable relationship with financial instit...
This workforce streamlining coincides with a strategic expansion of branch networks, as these banks shift toward automated processes to enhance customer experience and reduce costs...
The scheme aims to attract stable foreign currency inflows, strengthen India’s balance of payments, bolster forex reserves and support rupee stability
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