BFSI News
Jefferies Asia Forum: HDFC Bank, IDFC First Bank, Paytm, and others share growth strategies
The Jefferies Asia Forum highlighted optimism in the financial sector, with HDFC Bank and IDFC First Bank focusing on deposit growth and asset quality. Life insurers await regulatory clarity, while Paytm sees success in its merchant business. BSE evaluates market dynamics for strategic growth.
4 min read25 Mar 2025FPIs dumped Indian financial stocks in January. But not all is bad for the sector.
India's banking and financial services sector is grappling with a range of issues, including high funding costs, asset quality concerns, and rising credit costs, all while loan growth remains sluggish.
4 min read10 Feb 2025Former Sebi chief M. Damodaran calls for more regulatory impact assessment, better corporate governance
While Damodaran pitched shareholder activism, he said the activism done in foreign jurisdictions is not the same
4 min read28 Jan 2025Mint BFSI Summit | Payments banks are pioneering digital financial inclusion: Airtel Payments Bank’s Biswas
If payments banks are allowed to lend, it will drive financial viability as well as transform the country’s banking activities, the bank’s CEO said.
2 min read17 Jan 2025Lenders’ reliance on short-term funds could lead to higher rates: M. Rajeshwar Rao
At the 17th edition of Mint Annual BFSI Summit and Awards, the RBI deputy governor said the average outstanding CDs have reached levels last seen in 2012 because differentiated banks are relying more on inter-bank deposits and wholesale funding.
5 min read17 Jan 2025EV financing no longer risky, says Shriram Finance's executive vice chairman Umesh Revankar
Financing EV purchases is no longer risky, with more established players manufacturing such vehicles; besides India's zero-emission mobility ecosystem has grown, said Shriram Finance's executive vice-chairman Umesh Revankar.
4 min read29 Dec 2024Mint Primer | Accenture’s gain: Will it ripple into Indian IT firms?
The $260-billion Indian IT services industry was cautiously optimistic about this fiscal being better than the previous one. Proof of better times came from bellwether Accenture, which provided solace with its numbers and guidance.
2 min read30 Sep 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
Plain Facts
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Credit cards
Till a few years ago, credit cards used to be a rich man's asset. But lifetime free offers and reduced qualifying requirements means that even students can now use them. Over the last couple of years, we have seen a steady rise in savvy usage of credit cards. What used to be restricted to petrol pumps, airline tickets, and some expensive expenditure, turned into rent payments and car purchases. In the chase for reward points, credit card usage turned into a game for many people. Of course, Mint has something for everyone. From students to HNIs, we have it all covered: the advantages, the loopholes, the risks. Read our personal finance team's coverage of credit cards: