Quant Mutual Fund (Quant MF) has secured SEBI’s final approval to launch India’s first Specialized Investment Fund (SIF)—a landmark equity-focused long‑short strategy aimed at high‑net‑worth investors. Named QSIF Equity Long‑Short Fund, it will...
Quant Mutual Fund (Quant MF) has secured SEBI’s final approval to launch India’s first Specialized Investment Fund (SIF)—a landmark equity-focused long‑short strategy aimed at high‑net‑worth investors. Named QSIF Equity Long‑Short Fund, it will...
IFL Enterprises (₹ 0.99 on BSE/NSE), a micro-cap agribusiness and commodity trading firm, rallied to the 5% upper circuit on August 1 — its third consecutive day of lock-up — following board approval for...
India’s financial ecosystem is now facing an unintended side effect of its digital payment revolution: the rising cost of processing small-value transactions. According to recent industry signals, several banks and payment infrastructure providers...
Aditya Infotech (CP Plus) has seen blockbuster demand in its ₹1,300 crore IPO, with subscriptions crossing 11× on the final day (July 31, 2025). Backers expect a strong listing pop as the grey market...
South Korean startup Rebellions Inc., specializing in AI inferencing chips, has secured a strategic investment from Samsung Electronics as part of a broader funding round targeting $150–200 million just ahead of a planned...
Infraprime Logistics Technologies Ltd., a technology-driven logistics solutions provider specializing in heavy-duty transport and electric vehicle integration, has filed its Draft Red Herring Prospectus (DRHP) with BSE’s SME platform, securing in‑principle approval for...
Lenskart Solutions Ltd., India’s leading omnichannel eyewear retailer founded by Peyush Bansal and team in 2010, has officially submitted its Draft Red Herring Prospectus (DRHP) to SEBI to launch a mega IPO. The...
India’s Ministry of Finance introduced the draft Banning of Unregulated Lending Activities Bill (BULA) in December 2024, aiming to criminalize loan activities conducted by entities that lack proper regulatory authorisation—especially digital app–based lenders...
The adoption of digital KYC (Know Your Customer) has become a game-changer in India’s personal loan landscape. It’s not just a regulatory checkbox—it’s the enabler behind instant onboarding, fraud prevention, and paperless lending,...
In a pivotal move that could reshape the contours of fintech lending in India, Paytm has exited the Digital Lending Guarantee (DLG) model, signaling a deeper strategic shift in its lending philosophy. The...
PayU India, one of the country’s top digital payment and credit platforms, is poised to achieve EBITDA breakeven in the current fiscal year (FY26), according to CFO Anirban Mukherjee. This marks a significant...
India’s microfinance sector, a critical source of credit for low-income households and self-employed borrowers, is expected to face continued asset quality pressure in the first half of FY26, according to a recent report...
In a move that underlines how deeply technology is reshaping Indian banking, HDFC Bank has quietly taken a significant step forward: the launch of its own Generative AI platform, internally dubbed Project Indra....
With UPI transactions remaining free under government policy, India’s leading fintech players are entering the credit card market through co‑branded partnerships. Firms like Google Pay, PhonePe, and Paytm aim to monetize their massive...
HDFC Bank is scaling up its artificial intelligence transformation with a centralized generative AI (GenAI) platform, transitioning from pilot initiatives to enterprise-grade deployment. With over 15 “lighthouse” programmes in motion, the bank aims...
CA Manish Mishra is the visionary driving force behind BFSI Diary. With a distinguished background in financial services and an unwavering commitment to disseminating knowledge, he established this platform to create a trusted space for insightful BFSI reporting and analysis. His strategic foresight and leadership continue to steer the portal’s growth, reinforcing its reputation and amplifying its impact across the industry.
A highly esteemed Chartered Accountant and distinguished finance professional, CA Manoj Kumar Singh leads BFSI Diary with unwavering dedication and expertise. Under his thoughtful editorial guidance, the platform upholds the highest standards of accuracy, relevance, and integrity in financial journalism, serving as a trusted resource for the entire BFSI community.
With extensive experience across digital innovation, platform architecture, and product engineering, Yash serves as a driving force behind our technology vision. His deep expertise in building scalable systems, combined with a strong understanding of modern development frameworks, ensures that our platform remains robust, future-ready, and user-centric. As the Lead Developer – Platform Engineering, he plays a crucial role in defining technical direction, elevating code quality, and enabling seamless collaboration across teams to deliver impactful digital solutions.
Visit the personal website of CA Manish Mishra to learn about his journey, professional achievements, and thought leadership in the fields of finance and strategy. Discover his insights beyond BFSI Diary.
BFSI Diary delivers cutting-edge news and insights in Banking, Financial Services, and Insurance. Guided by Chief Editor CA Manish Mishra, we provide professionals and enthusiasts with precise, reliable updates to master the fast-paced BFSI world. Stay ahead with BFSI Diary.
© 2025 BFSI Diary. All rights reserved.