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financial services

Paytm appoints ex-Goldman executive Amit Nayyar to lead financial services business

An MBA graduate from IIM-Bangalore, Nayyar worked for Goldman Sachs from 2009-2016. He has also worked with BoFA Merrill Lynch as a senior member of the Financial Institutions Group. 

Aug 27, 2019, 14:09 PM IST

Mobile Payment Forum plans to come out with user-friendly features

It played a key role in developing interoperability and security standards for Immediate Payment Service (IMPS), the basic platform for mobile payments, and later the Unified Payments Interface (UPI), built using IMPS.

Oct 29, 2017, 11:12 AM IST

Online recruitment activities register 11% increase in June: Report

Online recruitment activities in the month of June registered 11 per cent year-on-year growth, led by banking, financial services and insurance (BFSI) sector, according to a report.

Jul 13, 2017, 18:23 PM IST

Jan-June PE investments hit record high of $11.34 billion: Report

Private equity firms have invested about USD 5.4 billion across 124 deals during June quarter, taking the total investments in first six months of this year to a record USD 11.34 billion, says a report.

Jul 05, 2017, 13:47 PM IST

'Chanda Kochhar draws Rs 6.09 crore remuneration in FY17'

ICICI Bank on Monday said its managing director and CEO Chanda Kochhar has drawn Rs 6.09 crore as total remuneration in 2016-17.

May 29, 2017, 22:50 PM IST

Mahindra Finance profit falls 37% to Rs 234 crore in Q4

Mahindra and Mahindra Financial Services (Mahindra Finance) has reported a fall of 37 per cent in standalone net profit at Rs 234 crore for the last quarter ended March.

Apr 25, 2017, 23:45 PM IST

Barclays looking at India as a fintech innovation hub

British lender Barclays is keen on being a research and development engine for financial services industry and is making significant investments in this space, according to Barclays India Chief Operating Officer Ram Gopal.

Sep 25, 2016, 12:02 PM IST

CVC seeks mechanism to check misconduct by banks' top brass

The Central Vigilance Commission (CVC) has sought a mechanism to look into rising cases of misconduct and instances of fraud by top officials of public sector banks.

Aug 18, 2016, 17:30 PM IST

Driven by IT sector, Karnataka is country's top job creator

Karnataka has been ranked as the country's top job creating state with over 24 percent share during the fourth quarter of the last fiscal, according to a study.

Apr 04, 2016, 15:49 PM IST

Top 500 cos over-leveraged, recovery still away: Ind-Ra

Although credit metrics of the largest listed corporates have shown signs of improvement, a full recovery is still some time away, says a report.

Oct 14, 2015, 22:12 PM IST

Ask Group plans to raise $1 billion in next 3 years

Financial services firm Ask Group Wednesday said it is expanding its global presence and plans to raise USD 1 billion (about Rs 6,500 crore) from the offshore market in the next three years.

Oct 14, 2015, 17:21 PM IST

Vodafone says will offer comprehensive financial services

Vodafone India Wednesday said the payments bank licence will enable it offer a comprehensive portfolio of banking and financial products and services, accelerating India's journey into a cashless economy.

Aug 19, 2015, 23:49 PM IST

Reliance Capital Q1 net profit up 22.5% at Rs 201 crore

Financial Services firm Reliance Capital on Friday reported a 22.5 percent rise in net profit at Rs 201 crore for the first quarter ended June 30.

Aug 14, 2015, 15:42 PM IST

Edelweiss consolidated net up 17% at Rs 91 crore

Edelweiss Financial Services Tuesday reported a 17 percent rise in its consolidated net profit at Rs 91 crore for the quarter ended June, on the back of an overall increase in income.

Jul 21, 2015, 18:22 PM IST

Sanjiv Bhasin joins as MD & CEO of Centrum Capital

Leading financial services firm Centrum Capital has appointed Sanjiv Bhasin, former head of DBS Bank India, as its managing director and chief executive officer.

Jul 06, 2015, 20:24 PM IST

Bajaj Finserv reports flat consolidated PAT for Q4-FY15

Financial services company Bajaj Finserv Wednesday reported a flat consolidated profit after tax at Rs 707.12 crore in the January-March quarter, against Rs 707.63 crore in the same period last year.

May 20, 2015, 22:58 PM IST

Norms for financial services centres by month end: Govt

Regulation for the International Financial Services Centres will be issued by the month end and the first such centre will be developed in the GIFT City in Gujarat, government said Friday.

Mar 13, 2015, 17:50 PM IST

Reliance Capital Q3 net profit rises 28% at Rs 213 crore

Financial services major, Reliance Capital today reported 28 percent rise in its third quarter net profit at Rs 213 crore on robust growth in insurance and mutual fund businesses.

Feb 12, 2015, 15:26 PM IST

India a nearly '100% banked country', UN told

India is a "nearly 100 percent banked country" that offers its citizens universal access to financial services aimed at spurring development, a UN commission heard Thursday.

Feb 07, 2015, 10:20 AM IST

Rajiv Mehrishi designated as Finance Secretary

The Finance Ministry has four secretaries - Economic Affairs, Expenditure, Revenue and Financial Services.

Nov 11, 2014, 14:05 PM IST