Bfsi Sector News - Latest Updates & Headlines
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.
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.