ETBFSI Newsletter | Thursday, July 17, 2025 |
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 Daily Newsletter
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Top Stories
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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...
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The insurer remains well-positioned to capitalise on favourable structural trends such as increasing insurance penetration, rising demand from Tier 2 ...
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Portfolio at risk (PAR) addition has been improving since December 2024, even amid policy disturbances in major states like Karnataka and Tamil Nadu.
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Public sector general insurers outperformed their private counterparts for the ninth consecutive month, supported by renewals in fire, engineering, mo...
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Banking
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The PSB plans to fundraise up to â¹20,000 crore through Basel III-compliant bonds during the current fiscal, subject to government approvals.
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Shankar's resignation is effective July 21; Kotak puts interim arrangements in place for the credit function
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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...
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Indian banks are seeing a marked easing in structural deposit pressures, helped by the Reserve Bank of India's (RBI) aggressive liquidity support meas...
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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...
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NBFC
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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...
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To enhance transparency and prevent misuse, the National Housing Bank (NHB) has disclosed its refinance beneficiaries after fraud allegations against ...
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Fintech
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NPCI has expanded the UPI-PayNow international remittance service to include 13 additional Indian banks, bringing the total to 19. This enhancement, e...
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Financial Services
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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...
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The funds will mirror four indices, namely, Nifty Midcap 150 , Nifty smallcap 250, Nifty Next 50 and the benchmark index tracking Indian government bo...
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Amara Partners, founded by Parag Shah, is nearing the close of its debut â¹800 crore fund, with Anand Mahindra as a key investor. The fund has alread...
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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...
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Policy
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The Reserve Bank of India will conduct a bond switch auction. It aims to manage government debt. Bonds worth â¹32,000 crore will be switched. This mo...
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Reserve Bank of India officials met with banks and non-banking finance companies. The discussion centered on increasing lending through the Unified Le...
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Industry
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Continuing its downward trend, retail inflation in India hit a new over six-year low in June, at 2.1 per cent.
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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. ...
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The Prime Minister Narendra Modi-led government has consistently strengthened the startup ecosystem and remains focused on further empowering entrepre...
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