| ETBFSI Newsletter | Wednesday, September 10, 2025 |
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Daily Newsletter
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Top Stories
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As MSMEs gear up for a transformative era, they can anticipate pivotal policy shifts such as GST 2.0. The government is committed to tackling obstacle...
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The Global FinTech Fest (GFF) 2025 is expected to initiate deal conversations exceeding last year's USD 2.5 - 3 billion, with BCG's Yashraj Erande s...
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The bank's strong track record, strategic shift towards secured lending, aggressive liability expansion, branch network growth, and potential universa...
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Gold is on a sharp upward trajectory, hitting multi-year highs as a weaker US dollar, expectations of Fed rate cuts, and global uncertainties push inv...
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The biggest year-on-year increase in sponsor bank decline rates was reported by DCB at 17.4 percentage points, followed by City Union Bank at 9.2 poin...
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Banking
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The government is considering further consolidation of public sector banks to create globally competitive, larger lenders. This initiative aims to boo...
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The bonds carry a coupon rate of 4.50% and were priced at a spread of 75 basis points over the benchmark. They have received credit ratings of BBB fro...
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South Indian Bank has launched an exciting new service: 'Loan Against Mutual Funds' in collaboration with Ark Neo Financial Services' DhanLAP. This gr...
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The Scheme 'MSE Spice' aims to empower Micro and Small Enterprises (MSEs) to adopt sustainable practices that promote resource efficiency, enhanc...
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Sumitomo Mitsui is set to divest its 1.65% stake in Kotak Mahindra Bank through a block deal valued at Rs 6,166 crore, offered at a 4% discount. Despi...
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Gujarat has remained the top state in attracting investments as it got the most number for projects in each year between FY15 and FY25, while Maharash...
ETBFSI
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Deposits rose 10.2% y-o-y to Rs 235 lakh crore, lower than the 11.3% growth seen a year ago. The slowdown in deposit mobilisation was linked to repric...
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State Bank of India believes government initiatives will encourage corporate expansion. Many companies are operating near full capacity. Sustained con...
ETBFSI
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Insurance
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Insurance companies in Mumbai are seeking clarification from the central government regarding the Goods and Services Tax exemption. This relates to li...
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NBPs increased to Rs 1,63,461.52 crore in August this year, compared to Rs 1,54,193.76 crore in the corresponding period last year, according to data ...
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Jio Financial Services and Allianz have established 'Allianz Jio Reinsurance Ltd' to operate a reinsurance business in India, with each holding a 50% ...
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Life insurance companies have dismissed concerns over the impact of Goods and Services Tax (GST) exemption on input tax credit, saying they have strat...
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NBFC
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The Enforcement Directorate (ED) attached immovable and movable assets valued at Rs 185.84 crore in the bank fraud case of Dewan Housing Finance Corpo...
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Sundaram Home Finance expands into Karnataka, targeting Tier II and III towns with 8-10 new branches. The company aims to disburse Rs 60 crore in the ...
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Fintech
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Delays occur because many Indian banks contact the receiver before crediting their account to confirm the payment, or re-verify final account details....
ETBFSI
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Global FinTech Fest 2025 (Oct 79, Mumbai) will host Prime Minister Narendra Modi, UK PM Keir Starmer, Finance Minister Nirmala Sitharaman, RBI Gove...
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Financial Services
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Srinivas Injeti, Public Interest Director, has been appointed as the Chairperson on the Governing Board of National Stock Exchange of India Limited (N...
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BSE CEO Sundararaman Ramamurthy says India's economy is on a strong growth path, supported by domestic investors, rising consumption, and policy refo...
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India's business correspondent model to turn hybrid, tech-led by FY27, says Shikhar Aggarwal, Chairman of BLS E-Services.
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