Financial services

Finwizz and Wishfin merge to build a leading omni-channel financial platform, eye IPO in 24 months

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Finwizz and Wishfin merge to build a leading omni-channel financial platform, eye IPO in 24 months

Finwizz Financial Services, a leading loan distribution intermediary, and Mywish Marketplaces (Wishfin), India’s pioneering digital lending marketplace, are merging to create a premier omni-channel financial product distribution platform, according to sources. The combined entity aims to become a dominant distribution channel for India’s top banks, NBFCs, fintechs, housing finance companies, and insurance providers, they said. … Read more

FPIs flip sentiment in March-end, pump Rs 31,877 crore in equities after volatile spell – Foreign inflows rebound in late March

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FPIs flip sentiment in March-end, pump Rs 31,877 crore in equities after volatile spell – Foreign inflows rebound in late March

In a strong sign of revived foreign investor sentiment, overseas investors purchased Indian equities worth Rs 31,877 crore across sectors during the second half of March 2025, according to data compiled by the ET Bureau from NSDL. This rebound came after weeks of volatility and cautious positioning by global funds amid macroeconomic uncertainties. The RBI’s … Read more

RBI curbs show effect; personal loan growth moderates in Q3

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RBI curbs show effect; personal loan growth moderates in Q3

Kolkata: Personal loan growth moderated in the quarter to December following regulatory cautioning over possible overheating. The annual growth print for the personal loan segment was recorded at 13.7% at the end of December 2024 from 15.2% at the end of September, Reserve Bank of India’s quarterly data showed. Total bank credit growth also decelerated … Read more

FPI Focus: Financials, IT, and real estate dominate December inflows

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FPI Focus: Financials, IT, and real estate dominate December inflows

Nearly 83% of foreign portfolio investor (FPI) flows in the first fortnight of December were concentrated in three sectors – financial services, IT, and real estate. Overseas investors poured ₹7,424 crore into financial services, ₹6,754 crore into IT, and ₹4,689 crore into real estate stocks in this period. These investors sold ₹5,337 crore worth of … Read more

New funds in focus: Franklin India Long Duration Fund, Edelweiss’s AAA Financial Services Index Fund; check details

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New funds in focus: Franklin India Long Duration Fund, Edelweiss’s AAA Financial Services Index Fund; check details

NFO alert: Franklin Templeton India has introduced the Franklin India Long Duration Fund (FILDrF), a debt fund that caters to long-term investments. This open-ended fund is suitable for investors with a time horizon exceeding three years and will mainly invest in government bonds, corporate bonds, as well as money market instruments such as treasury bills … Read more

Should investors bet on ICICI Bank stock? Vinay Rajani answers

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Should investors bet on ICICI Bank stock? Vinay Rajani answers

“It is not for the intraday or one or two-days trade, but positionally if we were to see, they are likely to do well in the coming times and overall capital market theme is likely to do well from here,” says Vinay Rajani, HDFC Securities.Well, the market is very sideways. The action is really in … Read more

UPI Circle: What is the new feature and how will it work for multiple users? Check top 5 points

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UPI Circle: What is the new feature and how will it work for multiple users? Check top 5 points

The National Payments Corporation of India (NPCI) has yet again added a new feature to the Unified Payments Interface (UPI) platform. The new feature, UPI Circle-Delegate Payments, will help primary holders of UPI accounts to delegate transaction rights to secondary users. The main goal is to create a common platform that simplifies and enhances transactions … Read more

Quant MF irregularities: Should investors stop their SIPs and exit funds? Here’s what experts say

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Quant MF irregularities: Should investors stop their SIPs and exit funds? Here’s what experts say

Quant Mutual Fund’s recent probe by the Securities and Exchange Board of India (Sebi) is making its investors a bit edgy.  Quant Mutual Fund, a high-growth asset management company (AMC), is one of the top fund managers with Rs 93,000 crore of assets. It was probed for its alleged front-running activity. Front-running is when an … Read more

FIIs sold stocks worth more than Rs 29,000 crore from 8 sectors in Feb. Take a look – ​Rushing Out

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FIIs sold stocks worth more than Rs 29,000 crore from 8 sectors in Feb. Take a look – ​Rushing Out

Bajaj Auto. Share Price 8605.80 03:59 PM | 06 Mar 2024 254.05(3.05%) Kotak Mahindra Bank. Share Price 1759.75 03:59 PM | 06 Mar 2024 44.05(2.57%) Axis Bank. Share Price 1125.00 03:59 PM | 06 Mar 2024 24.21(2.20%) Bharti Airtel. Share Price 1193.70 03:59 PM | 06 Mar 2024 24.80(2.13%) SBI Life Insurance Company. Share Price … Read more

Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

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Why Abhay Agarwal prefers Dixon & Amber to Voltas or Blue Star

Abhay Agarwal, Founder & Fund Manager, Piper Serica, says “outsourced manufacturing as a concept is here to stay and it will reward large players. While there is nothing wrong with branded players like Voltas or Blue Star, we would like to back very efficient, large and getting larger manufacturers like Dixon and Amber purely for … Read more