| ETBFSI Newsletter | Monday, April 14, 2025 |
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Daily Newsletter
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Top Stories
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ACKO Life Insurance CEO Sandip Goenka emphasizes collaboration between Insurtechs and insurers for industry growth, highlighting Insurtech's role in a...
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The revised framework may reduce the effective LTV of the product due to the additional buffers required for gold price fluctuations and interest accr...
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The blended interest ratescalculated as the weighted average of rates charged by banks and NBFCsare expected to reduce borrowing costs by up to ...
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About 39.4 per cent of outstanding floating rate loans of scheduled commercial banks (SCBs) were still linked to MCLR and other older benchmarks like ...
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Banking
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Ambedkar Jayanti Bank Holiday: Banks will remain closed in many states on April 14, 2025 due to multiple cultural and regional celebrations such as Dr...
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Indian Overseas Bank has lowered its Repo Linked Lending Rate by 25 basis points, effective immediately. This decision follows the Reserve Bank of Ind...
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Seven of the 12 biggest Indian banks that reported a decline in their market cap in the January-March 2025 quarter were state-owned, according to S&P ...
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Lenders led by Union Bank of India are set to auction the Rs 700 crore debt owed by Sahara Star Hotel after the insolvency plea was rejected. Banks ar...
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The celebration at the PNB Headquarters in Dwarka, New Delhi, witnessed participation from distinguished dignitaries, bank executives, employees, and ...
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To combat cyber fraud via mule accounts, banks are urging for authority to freeze suspicious accounts swiftly, bypassing lengthy approval processes. T...
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For nearly 14 years, HDFC Bank has not raised its savings rate, even as it periodically trimmed it from a peak of 4% in 2011 to the current level. The...
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Insurance
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IRDAI has penalized Flipkart Rs 1.06 crore for violating e-commerce norms related to online insurance distribution. Flipkart was found redirecting cus...
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NBFC
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HDFC Capital will invest Rs 1,500 crore in Eldeco Group's 18 upcoming residential projects across tier II-III cities, targeting a revenue potential of...
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Financial Services
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The latest RBI data showed that India's foreign currency assets (FCA), the largest component of forex reserves, stood at USD 574.08 billion. The gold ...
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Policy
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Economists believe record high dollar sales by the Reserve Bank of India (RBI) to protect the rupee's exchange rate and interest earned from large sca...
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Industry
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Compared to previous months, this marks a notable improvement. In February, foreign portfolio investors (FPIs) took out Rs 34,574 crore, while in Janu...
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