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SBI chief flags risks in rapid growth in digital finance, stresses trust-based innovation
State Bank of India Chairman C S Setty highlighted emerging risks in digital finance and platform lending. He stressed that financial systems must prioritize trust and strengthen governance. India needs significant capital mobilization for its development goals. Banks alone cannot meet these needs, requiring deeper bond markets and broader investor participation. Innovation must balance speed with safety and inclusion.
Sebi proposes allowing depositories to use part of IPF investment income for trust expenses
At present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeting expenses related to dedicated employees of the IPF Trust, administration of Investor Service Centres, and other statutory and administrative expenses such as taxes, audit fees and charity commissioner fees. However, no such provision exists for depositories.

Trust MF’s Mihir Vora sees earnings driving markets, stays bullish on industrials and renewables
Mihir Vora, Chief Investment Officer at Trust Mutual Fund, remains overweight on the industrial theme, particularly renewables, capital goods, and manufacturing-linked investments supported by production-linked incentive (PLI) schemes.
How AI is changing the way people discover and buy products online
Artificial intelligence is transforming online shopping. It now influences how people find and compare products before visiting websites. This means brands must make their product information easily understandable by AI. Consumer trust in reviews and human opinions remains crucial. India is seeing this gradual shift in shopping habits. The future of AI commerce depends on robust transaction infrastructure.

LXP Industrial Trust stock hits 52-week high at 52.53 USD - Investing.com India
LXP Industrial Trust stock hits 52-week high at 52.53 USDInvesting.com India

PennyMac Mortgage Investment Trust stock hits 52-week low at $11.14 By Investing.com - Investing.com India
PennyMac Mortgage Investment Trust stock hits 52-week low at $11.14 By Investing.comInvesting.com India

Basecamp To Summit: The Pre-IPO Roadmap For Promoter Families
A family trust (or trust-owned holding company) acts as the promoter shareholder, while the trust deed governs dividend sharing and cash flows.
Indian brands are disrupting sneakers — one ₹5,000 pair at a time. But can they earn trust?
Sneakers are now a fashion statement in India. Local brands are entering the market with competitive prices and cultural relevance. These homegrown companies aim for the mass-premium segment, offering stylish footwear. While consumers are willing to spend, building trust remains a key challenge for these new players. The market is experiencing significant growth, especially in metro cities.
Bombay HC quashes FIR against HDFC Bank CEO Sashidhar Jagdishan in Lilavati Trust case
The Bombay High Court has quashed a police complaint against HDFC Bank MD Sashidhar Jagdishan. The court found the FIR to be a counterblast to recovery proceedings. It stated that the complaint lacked justification for investigation. The court also noted the matter stemmed from civil disputes and recovery actions.

Bombay HC quashes ₹2-crore bribery FIR against HDFC Bank CEO Sashidhar Jagdishan
This was in connection with a bribery complaint filed by the Lilavati Kirtilal Mehta Medical Trust, which runs Lilavati Hospital in Mumbai. Shares of HDFC Bank Ltd ended at ₹772.55, down by ₹5.35, or 0.69%, on the BSE today, May 5.
HC quashes Lilavati Trust's bribery case against HDFC Bank CEO
The Bombay High Court has dismissed a bribery case against HDFC Bank MD Sashidhar Jagdishan. The court ruled the complaint was a reaction to the bank's efforts to recover over Rs 65 crore. It cited strained relations between hospital trustees as a factor. The court found no justification for the bribery allegations.
Omax Autos Ltd leads gainers in 'B' group
Indo National Ltd, Media Matrix Worldwide Ltd, The Investment Trust of India Ltd and Allied Digital Services Ltd are among the other gainers in the BSE's 'B' group today, 05 May 2026.