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South Indian Bank plans to lift retail and MSME loan share: CFO| Dealmaking hits USD 16.4 bn in July| Swiss Beauty appoints Hemant Gupta as CFO
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ETCFO Newsletter | Tuesday, August 12, 2025

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South Indian Bank aims to boost operational efficiency by targeting a cost-to-income ratio below 50%, while driving growth through retail, MSME, and g...
The company is betting on high entry barriers, a favourable demandsupply gap, and marquee projects in Goa, Delhi, and other prime markets to power ...
India's deal activity hit USD 16.4 billion across 227 transactions in July 2025, driven by big-ticket M&As, resilient PE flows, and record IPO/QIP fu...
Finance Minister Nirmala Sitharaman introduced the Taxation Laws (Amendment) Bill, 2025 in the Lok Sabha on Monday. The bill proposes tax exemptions f...
USA-TRUMP-TARIFFS-India estimates about 55% of goods exported to US will face Trump tariff
The number of input tax credit (ITC) fraud cases detected by Central GST formations in the last three years has more than doubled from 7,231 in 2022-2...
State Bank of India has ceased processing trade and foreign currency transactions for Nayara Energy due to potential US sanctions following recent tar...
 
Policy & Macro
President Trump extended the tariff truce with China for 90 days, delaying higher duties on Chinese goods and providing relief for U.S. retailers duri...
Despite Republican advantages on key issues, the administration faces disapproval due to perceived chaos. Trump risks his political wins with controve...
 
Leadership
Greenply Industries has appointed Sanjiv Keshri as CFO, effective July 2025, succeeding Nitinkumar Dagdulal Kalani. Keshri, a finance veteran with ove...
Swiss Beauty has appointed Hemant Gupta as CFO to lead financial strategy, risk management, and expansion into new sales channels. Gupta, with over 23...
Govind Malpani has been appointed as Chief Financial Officer & Head of Finance, IT and Supply Chain Management at TI Medical, a Murugappa Group compan...
 
Finance & Banking
"What kind of minimum balance required is left to the banks. Some of them have kept Rs 10,000, some Rs 2,000 and some have completely waived it off...
 
Tax
BJP leader Baijayant Panda, the chairman of the Parliamentary Select Committee that scrutinised the Income Tax Bill 2025, on Monday said, "This new Ac...
Taxpayers in India can now file and plan their taxes more easily with the launch of a new tax planning and filing module on the JioFinance App.
 
Industry
Last August, Accenture invested $170 million for a 'significant minority stake' in ANSR, netting itself a board seat. Cognizant followed this up by ...
 
Corporate
LIC's new chief aims to boost profitability through diversified products, particularly non-PAR plans, targeting 40% of APE. R Doraiswamy plans to incr...
India has the potential to position itself as the 'dairy hub of the world', says Manish Bandlish, Managing Director of Mother Dairy.
 
 
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