“All Eyes on Q1: Banks and NBFCs (BFSI) Dominate Results Calendar”; 24 July and 25 July

The BFSI sector (stands for Banking, Financial Services, and Insurance) is one of the largest contributors to the Indian stock market, both in terms of market capitalization and trading volume. This sector includes:

  • Banks (Private, PSU, Foreign)
  • NBFCs (Non-Banking Financial Companies)
  • Insurance companies (life & general)
  • Housing finance companies
  • Capital market intermediaries (like brokerages, AMCs)

The BFSI sector is seen as a pillar of economic growth, contributing significantly to GDP and IT spending (₹3.4 billion annually)

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IndusInd Bank Q1 Results: Earning Preview