| ETBFSI Newsletter | Wednesday, August 13, 2025 |
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Daily Newsletter
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Top Stories
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Bank of India plans to expand its co-lending and DA portfolio from Rs 6,000 crore to at least Rs 12,000 crore by FY26, banking on NBFC partnerships fo...
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SBI Chairman Challa Sreenivasulu Setty said SBI Cards has reworked its corporate spends strategy after a year of market share loss and aims to regain ...
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The State Bank of India tops the list with 9,088 vacancies, followed by Bank of Baroda with 6,396 unfilled posts and Punjab National Bank with 4,898.
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Bank credit to NBFC-MFIs fell about 38 per cent in FY25 to a little over Rs 57,000 crore, compared with the previous year. The pullback followed deter...
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Universal banks face stricter governance, higher minimum capital requirements, and more comprehensive risk oversight because they handle a wider range...
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Banking
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Sebi has turned down settlement requests from Anil Ambani, his family, and Rana Kapoor. The case involves investments between Reliance Nippon and Yes ...
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Airtel Payments Bank on Tuesday reported a 44.4 per cent rise in net profit for June quarter at Rs 10.4 crore backed by growth across key performance ...
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Operationally, Q1FY26 saw weak disbursement growth of 13% year-on-year and 18% quarter-on-quarter, with MFI disbursements plunging 74% and 25%, respec...
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NBFC
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Muthoot Microfin, leveraging relaxed RBI norms, is diversifying into secured lending, including gold loans via co-lending with Muthoot Fincorp. They'v...
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SMFG India Credit has appointed Ravi Narayanan as CEO, effective August 28, 2025. With over three decades of experience at Axis Bank and HDFC Bank, Na...
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As per their statement, the fresh capital will be channelled towards expanding the company's loan portfolio, upgrading technology infrastructure, and...
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The current stress in microfinance is occasional, triggered by a heatwave, borrower agitations, and the Karnataka episode, not structural or cyclic...
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Gurugram-based NBFC Seeds Fincap has raised TRs 50 crore from existing and new investors ahead of its Series B round. Focused on lending to underserve...
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Fintech
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Aadhaar-based face authentication has set new benchmark, doubling from 100 crore to 200 crore transactions in just 6 months, the government said on Mo...
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Paytm Payments Services, a unit of One 97 Communications, has received RBI's in-principle nod to operate as an online payment aggregator. The approva...
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Financial Services
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National Securities Depository Limited (NSDL) on Tuesday reported a consolidated net profit of Rs 90 crore in Q1 which was up 15% YoY compared to Rs 7...
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Reflecting a structural shift in India's Global Capability Centers (GCC) landscape, the Banking, Financial Services, and Insurance (BFSI) sector emerg...
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In a circular dated 31 July, the Securities and Exchange Board of India (Sebi) mandated all regulated entities under its ambit-stockbrokers, asset man...
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Fresh disbursals during the quarter touched Rs 16 lakh crore, up 10% from a year earlier and 8% from the previous quarter. Growth was led by gold loan...
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Policy
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The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of State Government Securities (SGS), rai...
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Industry
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Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union...
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The ICAI is expanding the mandatory applicability of its Audit Quality Maturity Model (AQMM) in phases, starting April 1, 2026. This expansion inc |
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