A stock market on a high is a big positive in terms of sentiment. Look who stays ahead of the curve and why
The public platform, IBM's first industry-specific cloud, is designed to meet the high regulatory, security and resiliency standards required of the financial services industry.
According to the government "a need is felt for having a unified financial regulator for IFSCs in India to provide world class regulatory environment to financial market participants”.
There is no one size fits all solution for the fintech industry. And the regulator knows it fully well
Cab aggregators are looking to diversify as business growth is slowing down. Softbank-backed Ola already does transactions and an NBFC licence will help it diversify into allied segments for growth.
Priyanka Sahay is in conversation with Jitendra Gupta to understand the evolution of digital payments in India.
Payments banks are aimed at widening penetration of financial services by bringing rural India into the formal banking system.
Paharia says companies in the financial services sector may suffer a double whammy due to a rise in cost of capital.
The open-ended equity scheme will invest at least 70 percent of its corpus in equity and equity related securities of banking and financial services companies.
Online recruitment activities registered a six percent growth in February and a four percent growth in March, primarily led by sectors such as telecom and internet service provider and banking, financial services and insurance, says a report.
Money will continue to flow into the market, so distinct possibility of the market reaching highs in FY18 with financial services sector leading the up move, says Mehraboon Irani.
The highlight of the year has been the performance of midcaps and small cap indices, which gave stellar returns. The NSE’s midcap index gained a significant 33 percent during the fiscal, while the exchange’s Smallcap index registered a gain of whopping 40 percent.
While IPO funding hit a six-year high in 2016 with 26 companies collectively raising over Rs 26,000 crore, an article in the Economic Times pegs IPOs at worth over Rs 20,000 crore to be slated to hit the markets in the coming months.
The app - 'myLoan' is a social profile based personal loan mobile application.
Through the course of this 4-part special series, we will bring you the stories of 12 entrepreneurs who have disrupted their industries through their ideas and innovation. They have spurred new trends which is an inspiration for all.
According to News Corp VCCircle's PE-VC Outlook Survey 2017, which covered heads and partners of large global and Asian funds that invest in India, 63 per cent are optimistic about a rise in deal activity in India in 2017 as against 2016.
The shift the industry is currently undergoing is evident from growth numbers, which have plummeted to mid-single digits in the last few years. And for the first time, industry body Nasscom has deferred its annual growth guidance.
Prior to this Amendment, FDI under the automatic route was restricted to 18 specified NBFC activities.
The Monster Employment Index for January stood at 254 points, up 11 percent over the corresponding month a year ago.
Chandrasekaran is one of the three outside directors of eminence nominated on the Central Board. The other two Bharat Narotam Doshi and Sudhir Mankad attended the meeting.
EY enlists the expectations of the financial industry from Union Budget 2017
"This is on the back of profitable asset growth and strong traction in fee income across all the businesses. This growth was achieved despite substantial amount of Rs 214 crore voluntary credit cost taken in order to further strengthen the balance sheet," L&T Finance Holdings said in a statement.
The latest quarterly survey of 103 financial services firms by business lobby CBI and consultancy PwC found sentiment about Britain's overall business climate fell the most since December 2008, with banks especially pessimistic.
Once too coy and afraid of the fintech disruption, Wallstreet and banks now seem to have warmed up and embraced the idea as it can reduce their complexities and add more to their net-profits each year.
Ashish Somaiya, MD & CEO, Motilal Oswal AMC is of the believe that more and more youngsters now are open to the idea of Systematic Investment Plan (SIP).