ETBFSI Newsletter | Saturday, March 15, 2025 |
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 Daily Newsletter
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Top Stories
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Under the proposed tiered pricing system, businesses with an annual GST-linked turnover above Rs 40 lakh may have to pay MDR, while smaller merchants ...
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Maharashtra and Uttar Pradesh recorded the highest number of complaints among millennials, highlighting regional disparities in insurance redressal.
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Banking
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Housing loan penetration in eastern and northeastern India remains significantly underdeveloped compared to other regions, with eastern states holding...
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Yes Bank has launched a GST payment facility, enhancing its digital banking services. The facility allows businesses to meet tax obligations quickly a...
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The United Forum of Bank Unions (UFBU) confirmed a two-day nationwide strike on March 24 and 25, following unsuccessful talks with the Indian Banks' A...
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On March 15, 2025, most banks in India will be open as it is the third Saturday of the month. However, banks in some states will remain closed for reg...
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Insurance
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Patanjali Ayurved will buy the insurer along with DS Group, at a valuation of Rs 4,500 crore, subject to regulatory approvals.
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It is the first reinsurer to be granted registration to carry out exclusively reinsurance business in the revamped regulatory landscape, Valueattics R...
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Startups such as Finsall, Bimpay Finsure and InsurFin, which specialise in insurance premium financing, are seeing increasing demand for such loans. F...
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Fintech
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Digital lenders, NBFCs, and banks disbursed Rs 74,500 crore through the Account Aggregator framework in the first half of this fiscal year. The AA eco...
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Financial Services
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India's forex reserves saw a significant increase, reaching $653.97 billion in the week ending March 7, 2025, marking a $15.26 billion rise. This foll...
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Policy
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Malhotra stressed the need for financial institutions to prepare for climate-related risks, which impact both individual entities and the broader fina...
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