Bfsi News - Latest Updates & Headlines
FIIs and DIIs turn net buyers in March, pump over $5 billion into Indian equity market
Mumbai, April 10: Foreign and domestic investors showed strong confidence in the Indian equity market in March 2025, with both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) emerging as net buyers, a new report said on Thursday.
MeitY launches 'Digital Threat Report 2024' for banking, financial services and insurance sector
New Delhi, April 7: The Ministry of Electronics and Information Technology has launched the Digital Threat Report 2024 for the Banking, Financial Services, and Insurance (BFSI) sector. The report provides a thorough analysis of current and emerging cyber threats and defense strategies.
There is urgent need for unified cybersecurity framework to protect BFSI sector: Centre
New Delhi, April 7: There is an urgent need for unified cybersecurity framework to protect India's financial backbone as interconnected nature of the banking, financial services and insurance (BFSI) ecosystem means that a single cyberattack can have systemic repercussions, impacting multiple entities beyond the initial target,” S. Krishnan, MeitY Secretary, said on Monday.
48% of BFSI companies flag data security as a priority when deploying AI: Survey
New Delhi, March 29: Nearly half (48 per cent) of banking, financial services and insurance (BFSI) companies flagged data security as their top concern for AI implementation, a survey conducted by global data solutions provider Hitachi's subsidiary Hitachi Vantara found.
Indian IT services to log 6-8 pc growth once again in fiscal 2026: Crisil
New Delhi, March 27: The Indian information technology (IT) services sector is projected to sustain its 6-8 per cent (in rupee terms) growth in fiscal 2026, amid continuing macroeconomic headwinds and emerging uncertainties in the key markets of the US and Europe, a report said on Thursday.
India's BFSI sector leases record 13.4 Million Sq Ft in 2024, driven by fintech boom & GCC expansion: JLL
New Delhi, March 24: India's banking, financial services, and insurance (BFSI) sector has achieved a new milestone by leasing 13.4 million square feet of office space in 2024. This marks a significant increase from the 11 million square feet leased in 2023, according to a report by JLL.
GCCs lead BFSI sector's record commercial real estate leasing in India in last 3 years
Mumbai, March 24: Led by global capability centres (GCCs), the year 2024 marked a watershed year for the banking, financial services and insurance (BFSI) sector in India's commercial real estate, which leased 13.45 million square feet (sq ft), claiming a 17.4 per cent share of the annual leased space, a report showed on Monday.
Neo, mid-sized banks boost India's share in BFSI GCCs
New Delhi, March 17: Neo banks and mid-sized banks are increasingly opening Global Capability Centres (GCCs) in India, following the example of larger global banking giants, according to a report.
NSE, Assam govt join hands to skill youth in BFSI sector
Mumbai, Feb 26: The National Stock Exchange (NSE) and the Assam government on Wednesday signed a memorandum of understanding (MoU) to launch a student skilling programme in the banking, financial services and insurance (BFSI) sector.
Disciplined asset allocation to define success in months ahead; BFSI, PSU banks lead
New Delhi, Feb 17: The third quarter (Q3) earnings season reflected moderate corporate performance, marking the third consecutive quarter of single-digit earnings growth, according to a report on Monday, which stressed that quality, resilience and disciplined asset allocation will define success for investors in the months ahead.