Japan bank SMFG dives deeper into digital finance with SBI deal

TOKYO – Sumitomo Mitsui Financial Group aims to overhaul digital banking and investment services, and capture a new generation of clients, through its new partnership with top Japanese online brokerage SBI Holdings. By entering into the capital and business alliance, announced Thursday, SMFG looks to tear down barriers within the group and offer integrated services … Read more

portfolio allocation: Market realigning to a more inward focused economy; portfolio allocation has to catch up: Harendra Kumar

“Will inflation or rate hikes damage demand? The sense that the market is getting, given the strength in the rural economy or the kind of financial savings that people had over the last few years, is that the post Covid demand is not going to die down. We are seeing reflation trade in autos, in … Read more

Stocks To Watch: Adani Ports, Pnb, Bajaj Finance, Cipla, Vodafone Idea, Sbi

NEW DELHI: Here are the top 10 stocks that could be in focus on Wednesday: Bajaj Finance: India’s second-largest non-banking finance company has raised deposit rates by as much as 10 basis points, effective 10 May-the second such hike in the last one month. It has also reduced minimum deposit size from ⁇25,000 to ⁇15,000 … Read more