BFSI News

Markets

Grade-A office demand to stay strong as vacancies fall

Global capability centres, flex-space operators and banking, financial services, and insurance (BFSI) sectors remain the driving forces.

2 min read1 Dec 2025
Markets

India Inc’s rural engine sputters in Q2 on farm-income pressure, credit slump; BFSI adds to the drag

Rural demand weakened in Q2 as farm-income pressures and a credit slump pulled Nifty Rural Index revenue growth to an eight-quarter low. Still, resilience in autos, FMCG and cement points to a gradual, uneven recovery in H2 FY26.

5 min read19 Nov 2025
Companies

IndusInd promoter IIHL Mauritius acquires full ownership of Bahamas-based Sterling Bank

IndusInd International Holdings has completed the acquisition of Sterling Bank, which has been renamed IIHL Bank & Trust Limited. The strategic move aligns with IIHL's goal of becoming a global financial leader, targeting $50 billion market cap by 2030 in the BFSI space.

1 min read6 Oct 2025
Companies

SaaS unicorn LeadSquared shifts focus to BFSI, aims for 50% revenue contribution

The decision to focus on BFSI is rooted in the sheer potential of customer outreach by the likes of insurance companies, brokerages, wealth management services and retail banking.

3 min read18 Aug 2025
Markets

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 2025
Markets

FPIs 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 2025
Markets

Former 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 2025
Industry

Mint 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 2025
Industry

Lenders’ 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 2025
Companies

EV 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 2024

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