News for 'Retail Financial Services'

2025: Women, Freshers Dominate Hiring Momentum

2025: Women, Freshers Dominate Hiring Momentum

Rediff.com23 Dec 2025

Hiring was strongest in education and training, healthcare services, retail, financial services and wellness.

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

At $4.4 bn, Shriram Fin to get India's largest financial-sector FDI

Rediff.com20 Dec 2025

Leading non-banking financial company (NBFC) Shriram Finance on Friday said Japan-based MUFG Bank would invest Rs 39,618 crore, or $4.4 billion, to acquire a 20 per cent stake on a fully diluted basis through a preferential issue of equity shares.

Net FDI stayed negative in November

Net FDI stayed negative in November

Rediff.com22 Jan 2026

Net foreign direct investment (FDI) remained negative in November 2025 for the third consecutive month, mainly due to high repatriation, the Reserve Bank of India (RBI) said in its January bulletin.

Non-metro push by qcom, ecom players may lift gig hirings

Non-metro push by qcom, ecom players may lift gig hirings

Rediff.com9 Feb 2026

Ecommerce (ecom) and quick commerce (qcom) platforms are expected to lead gig worker hiring in calendar year 2026 (CY26), adding nearly 1 million workers on the back of sustained demand for last-mile deliveries, higher order volumes, and continued expansion of dark stores into non-metropolitan cities, industry experts have said.

Chandigarh, Delhi have highest share of services in GVA: NITI

Chandigarh, Delhi have highest share of services in GVA: NITI

Rediff.com4 Nov 2025

The share of services in gross value added (GVA) in 2023-24 was the highest in Chandigarh (88.8 per cent), followed by Delhi (84.1 per cent), said a NITI Aayog report released recently.

Which Sectors Bore FPI Brunt In 2025?

Which Sectors Bore FPI Brunt In 2025?

Rediff.com23 Jan 2026

FPIs net sold equities worth Rs 1.7 trillion in 2025 -- the highest annual net sale on record.

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com1 days ago

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

Why is only holding stocks in your portfolio a very old strategy?

Why is only holding stocks in your portfolio a very old strategy?

Rediff.com2 hours ago

We will explore some of the reasons why a stock-only portfolio may no longer be sufficient and some of the modern alternatives and strategies that can help investors build resilient and profitable portfolios.

Short-term debt flows shifting from CPs to CDs

Short-term debt flows shifting from CPs to CDs

Rediff.com16 Feb 2026

Investors are moving away from the commercial paper (CP) market towards certificates of deposit (CDs), as primary CD issuances and rates on these short-term instruments rise.

IPO Market Shows No Sign Of Slowing

IPO Market Shows No Sign Of Slowing

Rediff.com2 Jan 2026

'The first time India has seen two consecutive blockbuster IPO years.'

RIL denies report on Russia oil purchase

RIL denies report on Russia oil purchase

Rediff.com7 Jan 2026

Shares of Reliance Industries Limited (RIL) tumbled on Tuesday, posting its biggest single-day decline in 19 months, amid controversy over its purchase of Russian oil and profit-booking after recent gains.

Q3 earnings, inflation data to drive markets this week

Q3 earnings, inflation data to drive markets this week

Rediff.com11 Jan 2026

In an event-heavy week ahead, stock markets are expected to track Q3 corporate earnings from several blue-chip firms, including TCS and Infosys, while inflation data and global trends would also dictate investors' sentiment, analysts said.

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

'Global Uncertainties Are Of A Magnitude We've Never Seen Before'

Rediff.com2 Feb 2026

'Global uncertainty is something which definitely occupies the minds of officials when we are preparing for the Budget.'

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com2 hours ago

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Budget 2026's tax proposals weave a strategic vision

Budget 2026's tax proposals weave a strategic vision

Rediff.com4 Feb 2026

The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Investors lost Rs 9.40 lakh cr in Budget Sunday crash

Rediff.com1 Feb 2026

The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.

Life insurers may face VNB margin squeeze

Life insurers may face VNB margin squeeze

Rediff.com20 Jan 2026

The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of life insurers in the third quarter (Q3) of 2025-26 (FY26).

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Bajaj Finserv targets a 22% profit CAGR, double customers in 5 years

Rediff.com8 Dec 2025

Bajaj Finserv - the holding company of Bajaj group's financial services business - has laid out plans for the next five years. During this period, it is eyeing 18-22 per cent compound annual growth rate (CAGR) in net profit at Rs 21,000-24,000 crore on a consolidated basis.

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Interview with chairman SC Shetty: 'SBI Will Double Its Balance Sheet In 6-7 Years'

Rediff.com11 Feb 2026

'Credit growth in India remains in double digits, even though corporate borrowing is subdued.' 'Corporate credit is weak because companies are cash-rich and cautious amid global uncertainty.'

GST rate cuts spur credit growth in banking sector in Q3 FY26

GST rate cuts spur credit growth in banking sector in Q3 FY26

Rediff.com7 Jan 2026

Banking sector has witnessed healthy growth in advances in the third quarter of financial year 2026 (Q3FY26) against the same period last year, as the full impact of goods and service tax (GST) rate cuts drove growth. Most of the lenders saw their credit growth outpace the deposit growth in the quarter.

ITC stock downgraded after excise duty hike

ITC stock downgraded after excise duty hike

Rediff.com3 Jan 2026

Analysts have sharply reduced cigarette maker ITC's earning estimates for the next two years, fearing a significant dent in the company's profitability and margins. This is owing to a steep hike in excise duty on tobacco by the government.

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.

'Large Part Of Capital Needs To Be Met Via GIFT City'

'Large Part Of Capital Needs To Be Met Via GIFT City'

Rediff.com8 Dec 2025

'Foreign capital will continue to come directly into India, but companies have realised that GIFT City is a more cost-efficient way of channelling funds.'

Where Hiring Will Take Place In 2026

Where Hiring Will Take Place In 2026

Rediff.com19 Jan 2026

'Headcount expansion is more likely in revenue-linked and product-critical teams than in broad based hiring.'

RIL shareholders to meet on May 2 on demerger of financial services biz

RIL shareholders to meet on May 2 on demerger of financial services biz

Rediff.com31 Mar 2023

Lenders and shareholders of Reliance Industries Ltd (RIL) will meet on May 2 to demerge the firm's financial services business. This is expected to create a big player in segments including the NBFC (non-banking financial company) space with net worth of Rs 25,851 crore as of March 2022. According to the plan, RIL shareholders will get a share in the demerged entity for each one held in the company.

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

Jio Financial Services becomes India's most valued NBFC behind Bajaj twins

Rediff.com28 Jul 2023

Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.

What Budget 2026 Says About Taxes

What Budget 2026 Says About Taxes

Rediff.com5 Feb 2026

This Budget positions India's taxation ideology as not merely a revenue source but as a strategic catalyst for growth, inclusion and long-term confidence.

ITC's profit flat on labour Code effect

ITC's profit flat on labour Code effect

Rediff.com30 Jan 2026

Cigarette-to-soap conglomerate ITC on Thursday reported a consolidated net profit (attributable to owners) of Rs 4,931.19 crore for the third quarter (October-December/Q3) of 2025-26 (FY26), affected by a one-time provision related to the new labour codes and a base effect from an exceptional item in Q3 of 2024-25. In the year-ago period, net profit had stood at Rs 4,934.8 crore.

Inflation data and activities of foreign investors to drive markets

Inflation data and activities of foreign investors to drive markets

Rediff.com14 Dec 2025

WPI inflation data, trading activity of foreign investors and global cues would dictate trends in the stock market this week, analysts said.

Smallcap Index Faces Worst Year Since 2018

Smallcap Index Faces Worst Year Since 2018

Rediff.com31 Dec 2025

Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Duty hikes to dent cigarette volumes by 6-8% in FY27: Crisil Ratings

Rediff.com29 Jan 2026

The domestic cigarette industry is expected to see a 6-8 per cent volume contraction next fiscal following the imposition of additional excise duties and increase in goods and services tax (GST) rates from February 1, Crisil Ratings said on Wednesday.

STT hike on Futures drags markets down; Sensex crashes 1,547 points

STT hike on Futures drags markets down; Sensex crashes 1,547 points

Rediff.com1 Feb 2026

Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.

Will Gold's Bull Run Continue in 2026?

Will Gold's Bull Run Continue in 2026?

Rediff.com31 Dec 2025

'We expect modest returns in 2026 versus the steep gains seen over the past few years.'

Bharat vrooms ahead of India in car sales growth

Bharat vrooms ahead of India in car sales growth

Rediff.com7 Jan 2026

Rural India outpaced urban centres in passenger vehicle sales in 2025, recording a growth of 12 per cent compared with 8 per cent in cities.

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

Rediff.com12 Jan 2026

IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.

IPOs Struggle To Attract Retail, HNIs

IPOs Struggle To Attract Retail, HNIs

Rediff.com21 Jul 2025

Market watchers link the pullback to underwhelming listing-day performance and the lack of big-name IPOs.

Households Are Moving Away From Banks To Markets

Households Are Moving Away From Banks To Markets

Rediff.com8 Dec 2025

For every 100 rupees, households invested Rs 45.2 in mutual funds and equities in 2024-2025.

Infra investment likely to climb, consumption growth may plateau

Infra investment likely to climb, consumption growth may plateau

Rediff.com8 Jan 2026

Supported by strong buoyancy in public sector capital expenditure (capex), growth in infrastructure investment is expected to accelerate in 2025-26 (FY26) compared to 2024-25 (FY25), according to the First Advance Estimates of gross domestic product (GDP) for FY26 released by the National Statistics Office (NSO) on Wednesday.