-
Bengaluru and Hyderabad have emerged as GCC hubs, driving about 60 percent of the demand between 2021 and 2025
-
As major banks such as Punjab National Bank and Union Bank of India float tenders for BFSI-specific Gen AI tools, tech majors like HCLTech and TCS to consulting firms like EY alongside startups like Perfios, Sarvam are racing to offer domain-tuned models, Agentic AI, and secure copilots.
-
Currently, many global banks have 60-70 percent of their technology and operations teams based in India. In some cases, up to a third of their global headcount is concentrated here.
-
About 88 percent users said they would be open to using an AI-powered financial assistant to help with tasks like ensuring they don’t miss payments and to avoid late fees, as well as to monitor account balance.
-
BFSI is investors’ favourite currently but some risks must be acknowledged
-
Over the past two decades, the market capitalisation of India's BFSI space has grown more than 50-times to Rs 91 lakh crore in 2025 from Rs 1.8 lakh crore in 2005, at a CAGR of ~22%, a note by Motilal Oswal said.
-
UBS maintained HDFC Bank, ICICI Bank, and Federal Bank as its top picks in the BFSI sector.
-
Globally, only a small group of countries including the US and China, have achieved high readiness for AI, driven by investments and better R&D ecosystem.
-
Change creates opportunities to grow, but it also creates opportunities to slip. - Philip Fisher
-
This disconnect was amplified by management commentary indicating that while demand for certain projects is rising, large-scale transformation deals are yet to materialise in the sector.
-
In a world of increasing digital transactions, companies—particularly those dealing with financial aspects—are tapping into the expertise of white hat hackers to detect and prevent fraud.
-
Modernisation needs of large, small, and medium financial institutions are critical factors in a largely tech-driven banking and financial services industry. This would entail a strong spending trajectory, benefiting Intellect Design.
-
A top Infosys official highlighted that several clients are yet to streamline their data, which is critical to creating a strong foundation to derive benefits from AI.
-
When CS Ghosh steps down as MD & CEO of Bandhan Bank on July 9, he would give up his board position at the bank also
-
Consensus sentiment around HDFC Bank and the entire BFSI pack remains positive, somewhat different from what it was at the beginning of the year
-
IIHL or IndusInd International Holdings Ltd is one of the promoter entities of private sector lender IndusInd Bank and was the winning bidder for Reliance Capital under the IBC (insolvency and bankruptcy code) route.
-
HDFC Bank, which is usually a bellwether stock for the banking sector, in its earnings report said its margins fell. Analysts also expressed their disappointment on its earnings numbers.
-
Earnings are expected to turn out better for consumer companies this year as margins were impacted in the last one year over high commodity prices
-
The average monthly salaries of frontline workers fell 4.5 percent to Rs 21,700 in FY23. While Logistics and Mobility contributed the most to the demand for frontline workers, the average monthly salaries for this sector decreased by 18 percent.
-
Major margin dilution for TCS was from the manufacturing segment, which was down by 260 basis points.
-
'The Great Indian Consumption Story’ gave a fillip to banking, auto, telecom and FMCG firms, while the IT sector was the biggest casualty of the crisis in US banking.
-
The year is set to be a challenging one for IT companies as pressure piles up on margins and clients demand pre-inflationary pricing
-
CEO Thierry Delaporte attributed the revenue growth decline in constant currency terms during the quarter to the uncertainty in the market and the resulting slowdown in discretionary spending.
-
When team members differed from Mokashi's view on DHFL's AAA rating, even in the face of shoddy business fundamentals, Mokashi asked them to keep an 'open mind'
-
HCL Technologies, on April 20, is expected to report flat growth in consolidated revenue and a 4.8% QoQ decline in net profit. On CC basis, analysts expect revenue to slip 1-2% QoQ.
