Financial Services

JioBlackRock AMC announced the launch of the JioBlackRock Balanced Advantage Fund today, stating that its assets under management have crossed ₹22,000 crore, up from nearly ₹16,000 crore in March.

Sashidhar Jagdishan, HDFC Bank's MD & CEO, will retire on October 26 after opting out of reappointment. The bank will fast-track his successor's appointment. Jagdishan spent nearly three decades at HDFC Bank, including overseeing its merger with HDFC Ltd.

Finance Minister Nirmala Sitharaman addressed investors in Chicago, promoting India's manufacturing potential for global markets. She emphasized digital infrastructure's role and urged international partners to view India as a hub for innovation.

Grasim Industries set to reach a consolidated revenue of ₹2 lakh crore in FY27, nearly double the level five years ago, driven by a diversified portfolio spanning building materials, financial services, digital commerce and renewable energy, says Chairman KM Birla.

Godrej AMC's private credit fund will raise capital through a private placement to eligible investors, including HNIs, ultra-HNIs, family offices, and institutional investors

From a dairy farmer speaking to a lender in his own language to AI agents reading loan documents, financial institutions use AI for tasks that once required many human steps. This shift could make finance more accessible and efficient, but raises concerns about data, security, and trust.

From managing utility bills, recurring subscriptions and financial services, Gen Z's financial habits show they are a generation that has grown up with digital payments at its core. Here's a look at what they spend their salaries on…

NCL Research and Financial Services hit a 52-week high of ₹0.87 on 27 July after hitting a 52-week low of ₹0.39 on 17 March this year. The stock has jumped 44% year-to-date, while over the last month, it has jumped 57%, as per the BSE data.

Year-to-date, NCL Research stock has jumped 28%. So far in the current month, the stock has declined 13.51% after a 48% jump in the previous month.

Jio Financial Services has set August 10 as the record date for a final dividend of ₹0.60 per equity share for FY 2025-26. Investors must buy before this date to qualify. The company reported a 156% YoY profit increase to ₹830 crore for Q2 2026.