New Delhi, July 14 (SocialNews.XYZ) India’s banking, financial services and insurance sector (BFSI) recorded 65 deals worth $3.2 billion in the Q2 2026, with overall deal values rising 58 per cent quarter on quarter driven by strategic M&A transactions, a report said on Tuesday.
The report from Grant Thornton Bharat LLP said the increase in value was primarily driven by a single large-ticket transaction, with the sector accounting for 11 per cent of overall deal volumes and 8 per cent of total deal values during the quarter.
M&A activity surged to 24 deals worth $1.5 billion, during the quarter. The M&A deal volumes rose 50 per cent and values jumped nearly fivefold over the previous quarter.
Excluding public market activity, the BFSI sector recorded 62 M&A and private equity or venture capital transactions worth $2.8 billion, despite continued macroeconomic and geopolitical uncertainties, the report added.
"The BFSI sector witnessed a measured recovery in Q2 2026, led by a few strategic transactions despite a cautious investment environment. Investors continued to prioritise scalable, platform-led and regulated businesses, while capital deployment remained selective," said Vivek Iyer, Partner, Financial Services Risk and NBFC Industry Leader, Grant Thornton Bharat.
"As macroeconomic conditions stabilise and capital markets deepen, India's financial services ecosystem remains well positioned to attract sustained strategic and financial investments over the long term," he added.
Private equity and venture capital activity comprised 38 deals worth $1.3 billion, while public market activity remained muted with one initial public offering raising $97 million and two qualified institutional placements raising $310 million.
Fintech remained the most active segment with 31 deals worth $1.4 billion, while financial services & asset management recorded 16 deals worth $690 million, with values nearly tripling quarter-on-quarter.
PE/VC investment activity was skewed towards smaller transactions, although investor interest in scalable financial platforms remained strong.
—IANS
aar/pk
Source: IANS
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