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HDB Financial Services

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Markets, IPOs & Wealth 15 Oct 2026, 08:09 AM IST

Reliance, Jio Financial, Tata Tech, HDB Financial and Wipro in Focus as Nifty Tests Key Support After Volatile Trade

Indian equities ended lower after a choppy session, with strong wholesale inflation data and elevated crude oil prices weighing on sentiment. The Nifty 50 slipped toward the 22,580-22,620 support band, a zone traders say could weaken if repeatedly tested, while investors now turn to earnings from large-cap names including Reliance Industries and Tata Technologies.

By RDU Global Wire5 min read

Global Markets & Equities15 Oct 2026, 09:30 PM IST

Wyoming Quietly Rises to the Top of America’s Financial Rankings

A sparsely populated Republican stronghold has emerged as an unlikely leader in America’s financial rankings, underscoring how tax policy, business formation, and resource wealth can outweigh population size. The state’s ascent highlights a broader shift in where capital, incorporations, and balance-sheet strength are concentrating across the United States.

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Banking, Fintech & Insurance15 Oct 2026, 04:22 PM IST

Finance Ministry to Review Bank-Led Push on Financial Inclusion on Tuesday

The Finance Ministry will meet heads of banks on Tuesday to assess the progress of India’s flagship financial inclusion programmes, including Jan Dhan, Mudra, and key insurance schemes. The review is expected to focus on account penetration, credit access for small businesses, and the depth of social security coverage across the banking system.

6 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 02:19 PM IST

Cyberattacks Hit 20 Financial Institutions as CERT-In Flags API Weaknesses

Around 20 financial institutions were targeted in cyberattacks earlier this month, with attackers allegedly using stolen partner-bank credentials and weaknesses in payment APIs to divert funds. India’s CERT-In has since warned banks, NBFCs and fintech firms to suspend compromised interfaces, tighten transaction controls and strengthen customer verification.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 01:58 PM IST

Cyberattacks Hit 20 Financial Institutions as CERT-In Flags API Weaknesses

Around 20 financial institutions were hit by cyberattacks earlier this month after hackers allegedly used stolen partner-bank credentials and weaknesses in payment application programming interfaces to divert funds, according to the emerging account. India’s cyber agency, CERT-In, has since urged banks, NBFCs and fintech firms to suspend compromised interfaces, harden transaction controls and tighten customer verification.

5 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 01:38 PM IST

Finance Ministry to Review Bank-Led Push on Financial Inclusion on Tuesday

The Finance Ministry will meet heads of banks on Tuesday to assess the pace and reach of India’s financial inclusion agenda, with a particular focus on flagship schemes such as Jan Dhan, Mudra, and key social security programmes. The review is expected to examine how effectively banks are expanding access to savings, credit, insurance, and entrepreneurship support across underserved segments.

6 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 10:12 AM IST

RBI Governor Flags Rising Financial Risks as West Asia Conflict Stokes Inflation Pressure

Reserve Bank of India Governor Sanjay Malhotra warned that financial vulnerabilities can build quietly and then surface abruptly, urging regulators and markets to avoid complacency as geopolitical shocks intensify. Speaking at the Kautilya Economic Conclave, he said the West Asia conflict is adding to inflationary pressures and complicating the outlook for financial stability.

4 min readRead →

Banking, Fintech & Insurance15 Oct 2026, 01:58 PM IST

NBFC Services to Banks in Co-Lending to Attract 18% GST

Non-banking financial companies will have to charge 18% GST on the service they provide to banks in co-lending arrangements, while interest on the underlying loan will remain exempt, according to the latest tax clarification. The decision is expected to bring greater certainty to a fast-growing lending model that has expanded access to credit through bank-NBFC partnerships.

5 min readRead →

Global Markets & Equities15 Oct 2026, 04:23 AM IST

U.S. Treasury Finds Major Banks Let Politics Shape Access to Services

The U.S. Treasury Department has concluded that some of the nation’s largest banks allowed political considerations to influence who received banking services, a finding that could bolster President Donald Trump’s long-standing claim that conservatives have been unfairly targeted by financial institutions. The report adds fresh pressure on Wall Street as regulators and lawmakers intensify scrutiny of account closures, debanking practices and the role of reputational risk in bank decision-making.

5 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 02:07 PM IST

NBFC Services to Banks in Co-Lending Will Attract 18% GST

India’s GST framework will levy 18% tax on the service supplied by an NBFC to a bank in co-lending arrangements, while interest on the underlying loan will remain exempt, according to the latest committee decision. The panel also moved to align valuation of the NBFC’s service with the methodology prescribed by the Reserve Bank of India, a change that could bring greater consistency to a fast-growing lending model.

5 min readRead →

National Governance & Policy14 Oct 2026, 11:41 AM IST

Former Financial Services Secretary Nagaraju Maddirala Named IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of Infrastructure Leasing & Financial Services Ltd. for a two-year term, with the Ministry of Corporate Affairs confirming the move on October 12. His appointment comes as IL&FS continues to operate under a government-appointed board following the group’s earlier financial collapse and restructuring.

5 min readRead →

Banking, Fintech & Insurance14 Oct 2026, 04:07 AM IST

Citi Profit Jumps 40% as Wealth, Services and Banking Gains Offset Trading Weakness

Citigroup reported a 40% year-on-year rise in third-quarter profit, powered by stronger investment banking, services and wealth revenue even as trading and credit card earnings softened. The results underscore progress in CEO Jane Fraser’s restructuring plan, though the bank still faces uneven performance across its businesses and a more volatile market backdrop.

5 min readRead →

National Governance & Policy14 Oct 2026, 12:20 AM IST

Former Financial Services Secretary Nagaraju Maddirala Named IL&FS Chairman and Managing Director for Two Years

Nagaraju Maddirala, the former financial services secretary, has been appointed Chairman and Managing Director of IL&FS for a two-year term, the Ministry of Corporate Affairs confirmed on October 12. His appointment comes as the infrastructure financier remains under government oversight following its earlier debt crisis and restructuring process.

5 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside HDB Financial Services:

Wipro(1)Tata Technologies(1)Reliance Industries(1)Jio Financial Services(1)India(1)