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Bajaj Finance Q2 FY27 results: Net profit jumps 29% on strong loan growth
Bajaj Finance Q2 FY27 consolidated net profit rises to 6,367 crore
From 100 million users in 170 days to an IPO, a decade of Jio Platforms
Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since its inception in 2016, the company has gained over 524 million customers and achieved impressive profitability. With significant investments from leading global players in recent years and a vast portfolio of patents, Jio is positioning itself as a leader in innovation.
TCS expands Indian Bank partnership, deploys BaNCS for Treasury in Sri Lanka
TCS to help Indian Bank modernise its overseas treasury operations across money markets, investment management, and foreign exchange
96 IPOs raise Rs 1.1 lakh crore in 2026 even as the Nifty corrects
India's equity market in 2026 shows pressure in the secondary market with significant foreign outflows affecting benchmarks. The Nifty 50 index is reportedly in correction territory after a series of losses. In contrast, the primary market remains active, with numerous IPOs successfully raising substantial capital. Domestic liquidity supports fundraising despite investor selectivity regarding valuations and corporate governance.
1 Finance gets in-principle approval for Indias first MF Lite AMC licence
1 Finance has received SEBIs in-principle approval to establish Indias first MF Lite asset management company, targeting a Q4 FY27 launch. The proposed AMC will offer passive investment products, including index funds and ETFs, subject to final regulatory registration.
RBI conducts 1 lakh cr Variable Rate Repo auction to push liquidity into banking system
RBI last conducted a VRR auction to push liquidity into the banking system on July 29, 2026
Union Bank of Indias Q2 net profit rises 30% to 5,537 crore
NII grows 20% y-o-y as provisions nearly halve and asset quality improves in September quarter
The Pension Fund Regulatory and Development Authority has rolled out NPS Central, a transformative digital platform designed for hassle-free management of National Pension System accounts.
JPMorgan brings deposit token to Ethereum for institutional clients
JPM Coin, which represents US dollar deposits at the largest US bank, will be made available to the companys institutional clients on the Ethereum network
Union Bank of India logs 30% y-o-y increase in net profit at 5,537 crore
Union Bank of India reports a robust 19% growth in advances; deposit growth at 7%
EPFO tells how to enrol for EPF, EPS and ELDI
8th CPC: Level 1 salary at Rs 69K? Check estimates
PhonePe rebrands Share.Market as PhonePe Invest, launches AI portfolio tool
Existing Share.Market users will retain their demat holdings, balances, watchlists, order history and login credentials
EPFO offers up to Rs 15,000 to first-time workers: Check eligibility rules
Eligible new employees earning up to Rs 1 lakh a month can receive the benefit in two instalments, subject to service and financial literacy conditions
Union Bank of India posts 30% jump in Q2 profit, shares surge 4.7%
Interest income for Q2FY27 stood at 28,158 crore, up 4.24% year-on-year on a half-yearly basis, while net interest income rose 15.03% to 20,620 crore for the first half
IDBI Bank sale: EAS Sarma plea to Presidentfor review of CPSE divestment
Since it is the President who holds equity shares in CPSEs on behalf of the people, I seek your intervention in directing the government to review disinvestment, Sarma said in the letter
A private villa in Deodar forests? HoABL's Mashobra homes start at 9.5 cr
Luxury living at 7,000 feet: HoABL launches 9.5 crore villas near Shimla
DLF's growth plan: 58,000 crore launches, luxury homes and rental income
DLF to launch next phase of Mumbai project in Q3 FY27 after 2,300 crore sellout
Bitcoin rebounds above $82,000 as oils retreat lifts risk mood
The original cryptocurrency climbed as much as 2.4% and was hovering around $82,600 in early London trading
Gold rate today: 24k vs 22k vs 20k vs 18k
PhonePe sees opportunity to bring everyday savers into equities with PhonePe Invest: Rahul Chari
PhonePe on Monday rebranded its investing and trading platform Share.Market as PhonePe Invest, bringing it into its broader financial ecosystem
The NSE and BSE will remain closed on October 20 for Dussehra. With 12 of the 16 scheduled stock market holidays for 2026 already passed, three more holidays remain after the October closure. These include Diwali-Balipratipada on November 10, Guru Nanak Jayanti on November 24 and Christmas on December 25.
ICICI Bank share price target after Q2 results: What are Jefferies, other analysts saying?
ICICI Bank shares rose after Q2FY27 net profit increased 20.1% year-on-year to Rs 14,843 crore, while net interest income grew 17.7% to Rs 25,339 crore. Jefferies maintained its Buy rating with a target price of Rs 1,750, implying 25% upside, citing improving margins and expectations of 16% core profit CAGR over FY26-29.
11 years, zero net FII flow: How a $64 billion outflow erased 9 years of equity buying
Foreign institutional investors have dramatically pulled back from Indian equities, reversing nearly nine years of consistent investment. A massive $63.6 billion in outflows occurred, particularly pronounced in 2026. Industries suffering the most include financial services, automobiles, and oil and gas. Although domestic investors have somewhat mitigated the foreign sell-off, the prospects for renewed foreign investments appear grim, with rising bond yields and energy costs dampening interest.
Uttar Pradesh is set to introduce revamped tenancy regulations designed to streamline the rental agreement process for landlords and tenants alike. This initiative includes lower stamp duty and registration fees to encourage formalized agreements instead of informal arrangements. With enhanced legal protections and clearer proof of residence for tenants, landlords will also gain improved documentation options. These reforms aim to lessen disputes and foster a more equitable rental market.
Baby on board? The 1-crore money plan and 8 money moves every new parent in India needs
Q2 Results Today, 19th October 2026 Live Updates: Stay tuned to businessline for more
TCS Share Price Live Updates: TCS Trading Update
Bharti Airtel Share Price Live Updates: Bharti Airtel's Current Trading Price
HCL Tech Share Price Live Updates: HCL Tech Sees Positive Movement
Infosys Share Price Live Updates: Infosys Trading Update
Maruti Suzuki Share Price Live Updates: Maruti Suzuki's Current Trading Status
NTPC Share Price Live Updates: NTPC's Price Analysis
ONGC Share Price Live Updates: ONGC Experiences Positive Price Breakout
Power Grid Share Price Live Updates: Power Grid Stock Details
Bank holiday today: Several Indian states observe a bank holiday in celebration of various festivals, including Mahanavami. Nevertheless, banks may remain open in some regions, so it's prudent to verify local operations. Customers can still access digital banking for transaction needs, ensuring convenience despite the holiday closures.
Why to use SWR formula for your retirement fund
Cutting through money jargon, one topic at a time. This week, Sanket Dhanorkar explains what is safe withdrawal rate and how you can ensure a smooth retired life.
Worried about hike? Check your firm's financials
Keep managers reassurance and employers financials apart, says Devashish Chakravarty.
Carnelian NFO: Is Rs 5,000 crore cap a smart move?
To mark its entry into the mutual fund arena, Carnelian Investment Managers has launched its debut scheme with an impressive cap of Rs. 5,000 crore. This innovative approach is designed to optimize the fund's capacity for yielding significant alpha returns. Interestingly, Systematic Investment Plans will remain an option for investors post-cap limit. However, there are apprehensions regarding possible artificial scarcity effects among investors.
Will vs Trust: Avoid these estate planning mistakes
The problem often is failing to update a will and a trust regularly to avoid conflicting provisions. A common situation is one where an individual executes a will and subsequently establishes a family trust, transferring some of the assets mentioned in the will to that trust, but never revisits the will.
SIP vs STP for PMS: Key differences, costs and risks
The rising inclination toward systematic investment plans (SIPs) for Portfolio Management Services (PMS) is becoming increasingly visible among Indian investors. A notable percentage of PMS strategies are starting to incorporate SIPs for regular investments. Particularly, younger investors looking to build wealth are favouring this approach to mitigate market risks. With recent regulatory shifts regarding PRIM, advancements in technology and education for investors are essential for broader adoption of PMS SIPs.
Home loan closed? 5 smart ways to use your EMI money
People often get emotional about closing their home loan early and start using a majority of their funds to aggressively pay off this obligation.
Rising funding costs put NBFC margins under pressure
The non-banking financial companies (NBFC) sector is set to enjoy robust earnings, thanks to strong credit demand and consistent asset quality. Nonetheless, the latter half of Financial Year 2026-27 could pose challenges with rising interest rates leading to higher funding costs. Analysts emphasize that successfully managing these costs will be key to sustaining growth, advising cautious investment in resilient NBFCs amid changing market dynamics.
Want to become a financial adviser? Courses to pick
The career change of Sumit Aggarwal to a mutual fund distributor illustrates a notable trend within the financial advisory realm in India. With a vast number of investors, there's a growing necessity for certified financial planners. Educational institutes are responding by launching targeted courses, promoting credentialing opportunities like CFP and QPFP for finance professionals. As demand for expert guidance escalates, the financial planning sector is expected to experience notable expansion.
Small caps look costly: Should you shift to large caps?
In recent times, small and mid-cap stocks have proven to outperform their large-cap counterparts. Despite experiencing market volatility, these smaller equities have continued to attract investor attention and capital inflow. As a result, their valuation levels have surged. Analysts warn, however, that for this trend to sustain, earnings expectations must be fulfilled. Therefore, investors should consider careful portfolio adjustments in response to shifting market conditions.
Mutual fund holdings of IT stocks sink to record low in September
Indian mutual funds decreased their investment in Information Technology stocks amid worries about artificial intelligence disruption and reduced client spending. The sector's weight in equity assets dropped significantly, affecting major companies like Infosys and TCS. While some fund managers reduced holdings, others increased their investments in select stocks such as Infosys and TCS. The Nifty IT index experienced substantial losses but saw a rebound recently, improving investor sentiment.
Farm loans lose share in banks credit books as lenders turn cautious on rural exposure
Rural credit trails overall loan growth at several banks in September quarter
DIIs increase stake in 8 midcap stocks in Q2FY27
DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdges shareholding scan.
Credit growth likely to see addition up to 2% in the ongoing quarter, says PNB MD Chandra
Ashok Chandra, MD and CEO of Punjab National Bank, has stated that festive demand has significantly driven credit growth
Hailing from Raipur and having spent formative years in Mumbai, this finance enthusiast embarked on a journey in equity markets after earning an MBA. Currently directing multiple funds at Abakkus AMC, they emphasize thorough research and strategic equity investments aimed at sustainable growth. The thrill of navigating the ever-evolving equity landscape fuels their dedication, showcasing a deep passion for the world of finance and investment.
Jio Platforms joins global top 20 patent filers as Reliance readies first IPO in 30 years
Jio Platforms has achieved a significant milestone by entering the global top 20 patent filers as of March 2026. The company has filed over 7,220 patents, focused primarily on next-generation technology areas like 5G and AI. Jio Platforms has also made advancements in satellite communications, which were showcased to India's communications minister.
Jio Platforms' IPO takes its telecom numbers out of Reliance's consolidated results
Jio Platforms is preparing to launch its IPO, poised to enhance its market presence substantially. This listing will disclose critical metrics like its subscriber figures and independent data usage rates. With substantial growth in its customer base and revenue, Reliance Jio Infocomm is on course for what is anticipated to be India's largest IPO.
FPIs pull out 52,100 cr from equities in Oct so far amid global headwinds
Foreign portfolio investors (FPIs) have withdrawn Rs 52,100 crore from Indian equities in October so far, as elevated crude oil prices, higher US bond yields and a stronger dollar weighed on investor sentiment. The latest outflow follows a net withdrawal of Rs 35,861 crore in September. FPIs had invested Rs 20,200 crore in Indian equities in July and Rs 29,631 crore in August, according to data from the Central Depository Services Ltd (CDSL). With the latest selling, cumulative FPI outflow from Indian equities in 2026 has reached Rs 3.12 lakh crore, way higher than the Rs 1.66 lakh crore withdrawn during the entire 2025, the data showed. Dheeraj Gaur, Chief Investment Strategy Officer at Choice Wealth, said FPIs continued to sell Indian equities amid elevated US bond yields, a stronger dollar and rising crude oil prices. Sticky US inflation has also fuelled expectations of a Federal Reserve rate hike, making US assets more attractive to foreign investors, he said. Meanwhile, expen
Yes Bank reports robust 65% jump in net profit at 1,080 cr
SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.
HDFC Bank reports muted 4.70% increase in Q2 standalone net profit at 19,510 cr
Net interest income rises 10% y-o-y to 34,619 crore
Punjab & Sind Bank records 40% rise in net profit in Q2
Net interest income grows 22% to 1,162 crore
ICICI Bank Q2 profit jumps 20.1% to 14,843 crore; margins come under pressure
Higher interest income and expansion in lending supported earnings, while the cost of FCNR(B) inflows contributed to pressure on margins
HDFC Bank veteran Kaizad Bharucha quits
Bharuchais HDFC Banks longest serving board member, having joined itin 2014
Q2 Results Highlights, 17th October 2026: Stay tuned to get real-time market, business and financial news updates
Axis Bank Q2 profit rises 37.6% to 7,003 crore as provisions fall 52.2%
Higher core income, expanding lending across business segments and lower provisioning costs supported the private sector lenders performance during the September quarter
YES Bank reports quarterly profit but flags impact of Supreme Court ruling on AT-1 bonds
The bank said recognising the rulings impact would have resulted in a quarterly loss of 5,217 crore, according to its filing.
The central government has unveiled a Performance Linked Bonus for postal employees for the fiscal year 2025-26. This bonus will be equivalent to 60 days' emoluments, capped at Rs 7,000. Those eligible include Multi-Tasking Staff (MTS), Group C workers, and non-gazetted Group B members. Additionally, Gramin Dak Sevaks who meet certain criteria will be entitled to an ex-gratia bonus, as detailed by the Department of Posts.
IDBI Bank Q2 results: Net profit falls 39% to 2,205 cr as non-interest income moderates
This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canadas Fairfax Financial Holdings for about 53,000 crore
HDFC Bank Deputy MD Kaizad Bharucha quits ahead of Anup Bagchis takeover
The leadership change comes as the countrys largest private sector lender prepares for Anup Bagchi to assume charge later this month.
This TDS reporting form replaces 4 different forms
ICICI Bank Q2 net profit jumps 22% to 16,333 cr
Core net interest income grows 17.7% to 25,339 crore
ICICI Bank Q2 Results: Net profit jumps 20% YoY to Rs 14,843 crore, NII rises 18%
ICICI Bank Q2 Results: Private lender ICICI Bank reported a net profit of Rs 14,843 crore in the second quarter of financial year 2027, marking 20.1% year-on-year increase from Rs 12,359 crore posted in the same period last year.
IDBI Bank stake sale: FinMin cites High Court ruling, Budget speeches to reject irregularity claims
The government has cited legal provisions and past Budget commitments to defend its decision to proceed with the strategic disinvestment of IDBI Bank.
HDFC Bank reports 5% increase in Q2FY27 standalone net profit at 19,510 crore
Net interest income (interest income less interest expended) rose 10% y-o-y to 34,619 crore (31,551.50 crore in Q2FY26)
Axis Bank quarterly profit rises 37.6%, but misses estimates on higher costs
Axis Bank, the country's third-largest private bank by assets, posted a stand-alone net profit of 7,003 crore ($737.5 million) for the quarter ended on September 30
The bank expects agriculture priority-sector lending to sustain its 18% growth, maintaining profitability and improving asset quality in coming quarters
8 small, midcap stocks with upside potential of up to 50%. How many are in your portfolio?
PL Capital remains cautious after the Niftys eight-week losing streak, warning against expectations of a V-shaped recovery. Despite market uncertainty, the brokerage favours eight small and midcap stocks, including CESC, Amber Enterprises and Healthcare Global, citing potential upside of 13-50%.
Financial Services Institutions Bureau to be headed by SCL Das, former Secretary, MSME Ministry
Other Members of the Bureau include Arijit Basu, Satish K Marathe, R Subramanian, Siddhartha Mohanty, Neeja Kapur and T. L. Alamelu
Gold rate today: On October 17, 2026, a rise in gold prices marked a significant shift for leading jewellery retailers, including Tanishq and Malabar Gold.
The Indian government has approved the continuation of the National Social Assistance Programme with significant financial outlay. Changes will be made to pension schemes, including eligibility criteria and assistance rates. The eligibility for disability pension will now depend on 40% disability against the previous 80%. This initiative aims to benefit 3.20 crore individuals across all states and Union Territories.
IDBI Bank sale: Legitimate employee concerns addressed, says MoS, Finance
United Forum of IDBI Officers and Employees expresses shock over DIPAMs claims that it had discussed disinvestment with employee associations
Explained: Want to know how long your investment will take to triple? Use Rule 114
Rule 114 helps investors estimate how long mutual fund investments may take to triple based on expected annual returns. Dividing 114 by the return rate gives the approximate timeframe, supporting long-term financial planning. However, the formula provides only an estimate, as mutual fund returns fluctuate and are never guaranteed.
Mrs. Khanwani, a Dubai resident, faced tax notices for unexplained money linked to her FCNR deposits. The ITAT Jaipur ruled in her favor, highlighting the funds' clear origin from bank records. The Income Tax Department could not dispute the source of funds provided by her husband, Mr. Chand.
REC and Cochin Shipyard among top 5 midcap stocks that saw highest mutual fund selling in September
These top five midcap stocks witnessed the highest net selling by mutual funds in September. Here is a detailed breakup, according to a report by Motilal Oswal Financial Services.
Uttar Pradesh and Kerala will observe public holidays on October 19 and 20, 2026, for Mahanavami and Vijaya Dashmi. Banks will remain closed for three days in Uttar Pradesh and four days in Kerala. Customers should complete any important banking tasks before the holidays begin on October 18. Digital banking services will still be available during these holidays for customer convenience.
192% return on SGB premature redemption: Gold bond turns Rs 1 lakh investment into Rs 2.92 lakh
Sovereign Gold Bond: The Reserve Bank of India has announced the redemption price for Sovereign Gold Bonds 2020-21 Series VII, allowing investors to redeem on October 19, 2026. Priced at Rs 14,614 per unit, this reflects an impressive total return of approximately 192% since its launch.
Q2 Results Today, 17th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
IDBI Bank sale: Keep CCEA decision in abeyance pending independent inquiry, says EAS Sarma
Findings should be presented to Parliament where Ministry of Finance and DIPAM will have a great deal of explaining, says former Secretary to government in letter to Union Finance Minister
Bank holiday today: Today, banks will function as usual across most parts of India, with Tripura being the exception due to the Maha Saptami festivities. The Reserve Bank of India has outlined specific holidays for various October festivals, particularly affecting operations on the second and fourth Saturdays.
From crypto trades to classroom dreams: A 23-year-olds mission to build a school
Aditya Sharma is trying an offbeat route to fund a school in a Rajasthan village that shares its name with a blockchain network
Fairfax to engage Parekh, Sukthankar to advise it on IDBI Bank acquisition
Following the consummation of the proposedacquisition, the Prem Watsa-founded Fairfax expects that the operations of the new company would continue to be led by Rakesh Sharma, the current MD and CEO of IDBI Bank
RBI okays Scheme of Amalgamation of Indian branches of Emirates NBD with RBL Bank
All the Indian branches of Emirates NBD will function as branches of RBL Bank Limited with effect from December 01, 2026
PNBs net profit rises 13% in Q2; plans to launch special campaign for RD amid bearish stock mkt
The banks gross non-performing assets (NPAs) moderated to 2.55 per cent of gross advances at the end of September 2026, down from 3.45 per cent a year ago
Federal Bank logs highest ever net profit at 1,386 crore in Q2FY27
NIM rose 26 per cent y-o-y to 3,153 crore
