Financial services grew 5.4 per cent on a constant currency basis.
In a Q&A, Nithin Kamath explains why the company doesn't take the risky road of acquiring businesses for proxy licences
Speaking on fintechs, the bankers said the right way to go about this is collaboration, but they may also have to compete with these players for their share of the pie
India's record forex reserve also gives a lot of confidence and security to the foreign exchange market, he said
Leading money managers also warn of risks emanating from external factors besides frothy valuations in certain pockets in the domestic market
Under the current framework, an MF has three main pillars -- sponsor, trustee, and AMC
The life insurance industry saw massive disruptions in the initial period of the pandemic
Say customer engagement has been one of the pain points for insurers, historically
Banking was declared a strategic sector by the government under the new privatisation policy, which means the government will only have a limited presence in the sector
The RBI has increased its scrutiny manifold, particularly since the PMC Bank crisis
Panelists say banks shouldn't feel threatened by fintech companies, rather they should feel enabled
Ex-RBI deputy governor says they must become financial conglomerates
Says RBI deserves part of the credit because of strong regulatory framework