#financial-services
Actual ODI outflow jumps 84% in two years
Actual overseas direct investment (ODI) outflow at the end of Fiscal Year 2025-26 surged nearly 84 per cent over FY24, data from Finance Ministry showed. Singapore tops in terms recipient, while combination of financial, insurance and business services accoun…
Julius Baer names Kunal Sumaya interim India Head as CEO exits
Sumaya brings 17 years of experience at Julius Baer, having held senior roles including Team Head and Group Head before leading the firm’s global NRI business
India ranks 5th among world's most spam-affected nations: Truecaller report
India is the fifth most spam-affected country globally, with sales and telemarketing calls dominating unwanted communications. A report by Truecaller indicates that these commercial calls constitute 36% of spam in India, followed by financial services at 18% …
SEBI operationalises PaRRVA to verify performance claims of market intermediaries
SEBI launches PaRRVA framework to verify performance claims by intermediaries, with Care Ratings as agency and NSE as data centre; rollout from May 4, 2026.
PhonePe crosses 50 million merchants, expands digital payments and financial services footprint across India
PhonePe has achieved a major milestone with 50 million registered merchants. This growth signifies a significant step in bringing financial services to more Indians. The platform now offers a wide range of solutions beyond just payments. This includes loans a…