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Rise in insurance approvals with AA framework | HDFC Life growth outlook | MFI sector's credit cost to normalise by FY27
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ETBFSI Newsletter | Thursday, July 17, 2025

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Sahamati CEO B G Mahesh tells ETBFSI that a few insurance companies have seen that the number of customers who are using AA to actually buy life insur...
The insurer remains well-positioned to capitalise on favourable structural trends such as increasing insurance penetration, rising demand from Tier 2 ...
Portfolio at risk (PAR) addition has been improving since December 2024, even amid policy disturbances in major states like Karnataka and Tamil Nadu.
Public sector general insurers outperformed their private counterparts for the ninth consecutive month, supported by renewals in fire, engineering, mo...
 
Banking
The PSB plans to fundraise up to ₹20,000 crore through Basel III-compliant bonds during the current fiscal, subject to government approvals.
Shankar's resignation is effective July 21; Kotak puts interim arrangements in place for the credit function
HDFC Bank will hold a board meeting on July 19 to consider its first-ever bonus share issue and a special interim dividend for FY26. The move reflects...
Indian banks are seeing a marked easing in structural deposit pressures, helped by the Reserve Bank of India's (RBI) aggressive liquidity support meas...
Over the medium term, the bank is likely to outpace system credit growth by about 300 basis points (CAGR), with loan growth led by small business, SME...
 
NBFC
SK Finance, a Jaipur-based NBFC, saw its loan book rise to Rs 13,261 crore. The company's profit after tax increased to Rs 380 crore. Disbursements gr...
To enhance transparency and prevent misuse, the National Housing Bank (NHB) has disclosed its refinance beneficiaries after fraud allegations against ...
 
Fintech
NPCI has expanded the UPI-PayNow international remittance service to include 13 additional Indian banks, bringing the total to 19. This enhancement, e...
 
Financial Services
Deep Algorithm Solutions, a cybersecurity and AI startup focused on fraud prevention in digital financial ecosystems has raised Rs 10.8 Cr led by Unic...
The funds will mirror four indices, namely, Nifty Midcap 150 , Nifty smallcap 250, Nifty Next 50 and the benchmark index tracking Indian government bo...
Amara Partners, founded by Parag Shah, is nearing the close of its debut ₹800 crore fund, with Anand Mahindra as a key investor. The fund has alread...
A recent study reveals a significant reliance on credit cards among low-income individuals in India, with 93% of salaried employees earning under Rs 5...
 
Policy
The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth ₹32,000 crore will be switched. This mo...
Reserve Bank of India officials met with banks and non-banking finance companies. The discussion centered on increasing lending through the Unified Le...
 
Industry
Continuing its downward trend, retail inflation in India hit a new over six-year low in June, at 2.1 per cent.
Crisil forecasts CPI inflation to average 4% this fiscal year, down from 4.6% last year, supported by a favorable monsoon and lower commodity prices. ...
The Prime Minister Narendra Modi-led government has consistently strengthened the startup ecosystem and remains focused on further empowering entrepre...
 
 
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