Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Fino Payments' avg total deposits climb 11% YoY in June'26
Fino Payments Banks' average total deposits jumped 11% to Rs 2,755 crore in June 2026 compared with Rs 2477 crore in June 2025.
Hybrid Financial Services Ltd leads gainers in 'B' group
NELCO Ltd, Dynamic Cables Ltd, Nitco Ltd and Fino Payments Bank Ltd are among the other gainers in the BSE's 'B' group today, 18 June 2026.
Bank of America to launch cross-border real-time payments service - Investing.com India
Bank of America to launch cross-border real-time payments serviceInvesting.com India
Fino Payments Bank April update: Deposits cross ₹2,800 crore, loan referral business triples
Fino Payments Bank reported steady growth in April 2026, with total deposits increasing 13% YoY to ₹2,801 crore and loan referrals tripling. However, profit after tax dropped 70% YoY to ₹7.1 crore, while transaction throughput fell 47% due to a shift to UPI.
Jio Payments Bank introduces UPI-based cash withdrawal service
Jio Payments Bank (JPBL), a wholly-owned subsidiary of Jio Financial Services has introduced UPI-based cash withdrawal through its Business Correspondent (BC) touchpoints, marking an important step towards strengthening India's digital payments ecosystem and advancing financial inclusion in the country.
Oil Country Tubular Ltd leads losers in 'B' group
Fino Payments Bank Ltd, Super Spinning Mills Ltd, Allcargo Terminals Ltd Partly Paidup and Hindustan Oil Exploration Company Ltd are among the other losers in the BSE's 'B' group today, 16 March 2026.
Apple in talks with ICICI, HDFC & Axis Bank to start payment service in India
Apple is in talks with ICICI Bank, HDFC Bank and Axis Bank, along with Visa and Mastercard, to launch Apple Pay in India around mid-2026, though the timeline is not final. The service is expected to support UPI as well as card payments, entering a market dominated by Google Pay, PhonePe, Amazon Pay and Paytm.
RBI notes overall demand conditions remain upbeat, electricity demand sustains robust growth
Reserve Bank of India (RBI) stated in its latest monthly update that economic activity continued to be resilient in January, as evidenced by high-frequency indicators of energy consumption, digital payments, trade and logistics. E-way bills continued to exhibit double- digit growth supported by GST rate rationalisation. Electricity demand sustained its robust growth, primarily due to higher demand on account of the cold wave conditions across northern and eastern regions of the country, as well as from sustained industrial activity. GST revenue growth held steady. Petroleum consumption growth remained resilient, notwithstanding the deceleration. Digital payments registered steady growth in both transaction value and volume. Toll collections in January continued with the declining trend, observed post the introduction of the FASTag Annual Pass scheme in August 2025.