India's HDB Financial Services , a unit of lender HDFC Bank , posted a lower first-quarter profit on Tuesday, hurt by higher provisions for bad loans.

India's HDFC Life Insurance reported a 14% year-on-year rise in first-quarter profit on Tuesday, driven by robust demand for its group policies and a decline in claims paid.

Mint reported in December that banks like SBI, Bank of Baroda, Axis Bank, and HDFC Bank are developing targeted AI use cases ...