| ETBFSI Newsletter | Saturday, July 26, 2025 |
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Daily Newsletter
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Top Stories
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Bank of Baroda CEO Debadatta Chand says corporate lending dipped sequentially due to seasonal factors and bond market shifts. BoB sees upcoming PSU c...
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A recent report highlights a significant insurance protection gap in India, hindering its economic growth. While banking penetration is high, especial...
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The insurer's VNB margin is expected to stay elevated in the 2628% range, backed by an increasing share of traditional, protection, and high-sum-a...
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Banking
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Zubin Mody, IndusInd Bank's Chief Human Resources Officer, has resigned after two decades with the company. His resignation, submitted on July 25, 202...
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Bank credit expansion slowed in July despite RBI's rate cuts, growing at 9.8%, lower than the previous year and deposit growth. Retail loan growth has...
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Several Indian banks have approached the Reserve Bank of India, requesting authorization to utilize third-party litigation funding for recovering debt...
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The Enforcement Directorate (ED) has filed a chargesheet against former UCO Bank CMD Subodh Kumar Goel, his family, and associates in connection with ...
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India's SBI Cards and Payment Services reported first-quarter profit below expectations on Friday, weighed by a surge in the credit card service provi...
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Bank of Baroda posted a modest 2% YoY rise in Q1 FY26 profit to â¹4,541 crore. Net interest income dipped 1.4%, impacted by tax refund reclassificati...
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Kotak Mahindra Bank is projected to experience a 26% year-on-year drop in net profit for Q1FY26, according to brokerage estimates. Net interest income...
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Anil Ambani's Reliance Communications has been accused of loan fraud exceeding â¹14,000 crore, according to ED sources. SBI has labelled RCom and Amb...
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SBI-CARDS-India's SBI Card misses quarterly profit view on higher write-offs
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Insurance
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"We have been witnessing record activity among brokers and other distribution intermediaries," said Satyajit Tripathy, member (distribution), IRDAI, a...
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LIC has trimmed its holdings in several popular retail stocks, including Suzlon Energy, Reliance Power, and Vedanta companies that have remained f...
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NBFC
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Poonawalla Fincorp on Friday reported 78.4 per cent decline in June quarter net profit at Rs 63 crore, on higher expenditure.
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India's Shriram Finance posted a rise in first quarter profit on Friday, helped by healthy loan growth.The non-banking finance company (NBFC) reported...
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Bajaj Finserv Q1 Results: The company announced a notable 30.4% year-on-year increase in consolidated net profit for Q1FY26, reaching Rs 2,789 crore. ...
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UGRO Capital, through its data-driven lending solutions, has supported over 135,000 MSMEs across diverse geographies.
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Fintech
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The FinTech platform shared that the RBI authorisation sets it to service both Import and Export transactions, and its aim to serve 30,000 such busine...
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The era of completely free digital transactions via the Unified Payments Interface (UPI) may not last forever, RBI Governor Sanjay Malhotra signalled ...
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This follows the appointment of Anand Raisinghani, formerly with SAP India, as its new chief executive officer. Sahil Kini, Setu's cofounder and f...
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InMobi, a mobile advertising platform supported by SoftBank, intends to launch an IPO in India. The company aims to raise $1 billion. It plans to appo...
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Financial Services
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The â¹4,011.6 crore IPO of NSDL is scheduled to open for public subscription from July 30 to August 1, with anchor investors bidding on July 29. The ...
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