financial services

Bank Nifty on the Rise, What’s Driving the Rally Which Stocks to...

Wed, Mar 19, 2025

At this time, Bank Nifty is considered to be the strongest sector, the fundamentals of the bank are continuously getting stronger, Bank Nifty has seen a rise in the last four days, will the rise in Bank Nifty continue on the 5th day as well, what are the positive triggers for bank shares, which bank-financial services fund should we focus on? Know from Anil Singhvi.

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Banking services to be disrupted for 4 days starting March 22? Ba...

Tue, Mar 18, 2025

Banking services across India will be affected for four days due to a nationwide strike called by the United Forum of Bank Unions (UFBU) on March 24 and 25. Since March 23 is already a bank holiday, the disruption will start from March 22. Let’s hear from Pankaj Kapoor, VP of the All India Bank Officers Confederation (AIBOC), about this situation.

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Choice International gets Sebi in-principal nod for mutual fund o...

Thu, Dec 26, 2024

Financial services provider Choice International Ltd on Thursday said it has received in-principle approval from markets regulator Sebi to launch mutual fund operations. The development positions Choice International to expand financial services portfolio and cater to a broader spectrum of investors.

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Indian real estate attracts Rs 75,500 crore investment from AIFs;...

Mon, Dec 02, 2024

Investment in Indian real estate by Alternative Investment Funds (AIFs) has touched nearly Rs 75,500 crore in more than a decade, the highest among all sectors with a 17 per cent share in the total inflow through this route, according to Anarock.

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'Take care of mummy...' Bajaj Finance employee dies by...

Tue, Oct 01, 2024

The family members have alleged that the company officials had been continuously pressuring Tarun to achieve targets. He worried about losing job after failing in his task of collecting EM

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Neo Asset Management appoints Neeraj Sanghi as MD

Tue, Jul 09, 2024

Sanghi was CEO of Highway Concessions One (HC1) -- a road platform originally owned by Global Infrastructure Partners which was acquired by KKR in 2022 -- from 2016 till 2024, the company said in a statement.

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FPIs big buyers in financial services

Sat, Dec 23, 2023

Total FPI inflows in December through 22nd is Rs 57,313 crore including the buying through stock exchanges and primary market.

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Credit market on course to grow to USD 350 billion by year-end:...

Tue, Sep 05, 2023

The digital lending segment stood at USD 270 billion at the end of 2022, Joshi said on the opening day of the fifth edition of the global fintech festival here.

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"Focusing on NBFCs: How Much Will Company Loan Growth Increa...

Thu, Aug 24, 2023

Focus on NBFCs companies: How much increase in loan growth of companies? How will be the growth of the business going forward? CARE report on NBFCs, know from Varun Dubey...

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Vistaar raises USD 50 million funding from DFC

Wed, Aug 02, 2023

The Bengaluru-based Vistaar, founded by Brahmanand Hegde and Ramakrishna Nishtala in 2010, has so far funded over 2 lakh small businesses across 12 states since inception and has a loan book of Rs 3,100 crore.

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Bajaj Finserv gets SEBI license to commence mutual fund business

Wed, Mar 01, 2023

Sanjiv Bajaj, Chairman & Managing Director, Bajaj Finserv, said, the approval from SEBI is strategically important for the company as it enables the firm to complete its suite of financial solutions for retail customers.

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Finance Ministry deliberates steps taken to deal with cyber secur...

Wed, Jan 18, 2023

The symposium titled Financial Services Cyber Security (FINSCY) was organised by the Department of Financial Services (DFS) and Secretary Vivek Joshi inaugurated it, an official statement said.

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Nifty Bank, Financial Services stocks gain - IDFC First Bank top...

Fri, Aug 05, 2022

Nifty Bank and Financial Service surged by over 0.7 and 0.6%, respectively minutes after the RBI Governor announced to hike of the key interest rate by 50 bps

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Explained: Mutual Fund schemes, other financial products you can...

Sat, May 18, 2019

Since the Post Office Savings Bank is the largest retail bank in the country, operating from over 1,50,000 branches, Department of Posts has started retailing mutual funds and bonds to leverage its strength of the postal network. 

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SBI bank account holder? ALERT! 24 hours to go, you will not be a...

Fri, Nov 30, 2018

If SBI account holders/customers fail to register their mobile number with the account, only mobile banking and internet banking will be dysfunctional. All the other facilities will remain intact and there would be no deactivation of account number.

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India moves toward Blockchain Technology; Here's how it will...

Sat, Jun 30, 2018

Ever since the Finance Minister mentioned blockchain technology in his budget speech, the distributed ledger technology has found its way into mainstream attention and prominence. 

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World's best consumer finance firms, from Bajaj Finance to M...

Fri, Jun 08, 2018

Prime Minister Narendra Modi is following his predecessor in boosting spending before polls due early 2019, a practice that has sparked surges in stocks of consumer finance firms. Bajaj Finance Ltd. -- with a world-beating return of about 70 percent over the past five years compared with 30 percent for Mastercard Inc. and 3.5 percent for Samsung Card Co. -- saw its best performance during this period in the 2014 election year.

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Govt allows 100% FDI under automatic route for single brand retai...

Wed, Jan 10, 2018

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GST rollout: Here's how much more premium you need to pay on...

Thu, Jun 22, 2017

Customers currently pay 15% service tax for financial services. Starting from July 1, 2017 the GST will replace all indirect taxes like service tax and Value Added Tax. Financial services and telecom have been put in the 18% GST slab. 

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Nasscom sets growth outlook at 10-11% for Indian IT industry in F...

Thu, Jun 22, 2017

Key highlights:

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Paytm Payments Bank vs Airtel Payments Bank vs India Post Payment...

Tue, May 23, 2017

Paytm Payments Bank that will begin operations today will offer 4% interests on deposits. All deposits will be held in government bonds however the company said it was equipped to offer loans as well unlike other payments banks.

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EU to exclude financial services from trade deal with UK post-Bre...

Wed, Apr 26, 2017

An earlier version of the guidelines only said that future trade agreement should "not endanger financial stability in the Union and encompass safeguards against unfair competitive advantages

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Non-life premia set to go up as regulator backs move

Mon, Mar 13, 2017

In fact, the insurance regulator IRDAI has also hinted at a premium hike especially in third-party motor premium and the group health insurance from April 1 when most of the renewals take place in the domestic general insurance market.

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