| ETBFSI Newsletter | Friday, March 14, 2025 |
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Daily Newsletter
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Top Stories
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However, revenue growth in FY2026 is expected to slow, as the incremental portfolio is likely to include fewer revolving customers, reflecting a strat...
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Debasish Panda's leadership at IRDAI marked a transformative era for India's insurance sector. Through regulatory overhauls, market liberalisation D...
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General insurers, which offer multiple lines of business, saw a sharper 5% Y-o-Y drop in premiums to Rs 17,399.3 crore in February, while standalone h...
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Banking
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Thomas Cook India has launched the Borderless Prepaid Multi-Currency Travel Card to cater to the increasing overseas travel spending by Indians. The c...
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The RBI has requested IndusInd Bank to propose two external candidates for CEO and COO roles following a one-year extension for Sumant Kathpalia's ten...
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Air India's new 'Maharaja Club Points Plus' offer allows members to convert bank reward points into Maharaja Points, with potential bonuses. Running f...
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The Institute of Chartered Accountants of India (ICAI) will review IndusInd Bank's books after the bank disclosed accounting discrepancies in its fore...
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As of March 2025, several leading banks, including HDFC Bank, Bank of Baroda, Punjab National Bank (PNB), Canara Bank, and IDBI Bank, have revised the...
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RBI governor Sanjay Malhotra urged banks to enhance their risk management frameworks for green technologies at a seminar in New Delhi. He emphasized t...
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Insurance
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The panel thus recommended that the number of packages/procedures covered under the Yojana should be reviewed and the fresh packages/procedures relate...
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"The Mou will be signed on March 18 in the presence of Union Health Minister J P Nadda and five families will be given AB-PMJAY cards making the...
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The assessments have now been completed, revealing that the unauthorized exploitation was confined to a specific, identified issue, HDFC Life Insuranc...
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Patanjali Ayurved and DS Group will acquire Magma General Insurance from Sanoti Properties LLP at a valuation of Rs 4,500 crore. This marks Patanjali'...
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NBFC
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InterGlobe Aviation, IndiGo's parent company, will invest up to USD 45 million in its subsidiary IndiGo IFSC. This investment, approved by the board, ...
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Under this agreement, REC intends to finance â¹18,360 crore in the PSP segment in Kerala over the next five years.
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Satin Creditcare Network raises $100 million in external borrowing from Standard Chartered Bank and six Sri Lankan lenders, marking its first syndicat...
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INDIA-DEBT-BONDS-JIO-FINCL-India's Jio Finance taps debt market with debut commercial paper issue before bond sale, bankers say
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Pune-based supply chain finance startup Vayana has obtained an NBFC licence from the Reserve Bank of India, allowing it to expand its lending business...
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Fintech
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The report found that 74% of financial firms have initiated proof-of-concept (PoC) projects in GenAI, while 11% have already deployed AI solutions at ...
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Financial Services
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The Indian rupee rose on Thursday, aided by dollar sales from foreign banks and the trimming of short bets against it, over a trading session that was...
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Policy
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Retail inflation fell below the Reserve Bank's median target of 4% in February, driven by lower food prices, including vegetables and eggs. Meanwhile,...
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"With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive...
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