| ETBFSI Newsletter | Wednesday, June 18, 2025 |
|
Daily Newsletter
|
|
|
|
Top Stories
|
|
UGRO Capital Acquires Profectus Capital: UGRO Capital's all-cash acquisition of Profectus Capital is set to drive scale without workforce disruption....
|
|
The National Payments Corporation of India (NPCI), which operates UPI, has rolled out a major infrastructure upgrade that reduces the time it takes fo...
|
|
Fixed-income investors should brace for a lower return environment ahead, with much of the easy gains from falling rates already behind them.
|
|
Even as high prices may temporarily dampen jewelry purchases, demand revival is expected by FY27, aided by income boosts from the Eighth Central Pay C...
|
|
|
|
Banking
|
|
The bank, in which the governments of union territories of Jammu & Kashmir and Ladakh hold a majority share with 59.4% interest, plans to reduce conce...
|
| |
Major Indian banks including State Bank of India, HDFC Bank, and ICICI Bank will reduce savings account interest rates in June 2025. This follows a re...
|
|
Ajay Kumar Sood of NABARD encouraged bankers to adopt value chain financing. He emphasized moving past traditional lending methods. Cooperative Banks ...
|
|
Customers with bank lockers may face losing them. This is if they do not sign updated rental agreements. Reserve Bank of India wants banks to comply. ...
|
|
Over the past five years, Indian households have decreased their reliance on bank term deposits, shifting towards mutual funds and stocks due to highe...
|
|
With banks reducing savings account interest rates, financial planners are advising investors to consider overnight and liquid funds for parking surpl...
|
|
|
|
Insurance
|
|
Weeks before the Air India Boeing 787-8 Dreamliner crash near Ahmedabad, its insurance cover was increased to â¹850 crore. The total payout for the c...
|
|
|
|
NBFC
|
|
The fresh funds will help Dugar Finance expand its footprint in EV financing and rooftop solar financing, particularly targeting residential consum...
|
|
With an aim to improve margins, the Indian Railways infrastructure-focused NBFC is now looking to diversify into the broader rail ecosystem comprising...
|
|
| |
UGRO Capital acquires Profectus Capital in an all-cash deal, poised to significantly boost its MSME lending footprint. The acquisition promises substa...
|
|
India's Non-Banking Financial Companies (NBFCs) are moving away from traditional way of bank borrowings and increasingly turning to public deposits an...
|
|
|
|
Fintech
|
|
The company uses a data-driven approach to offer credit and insurance products tailored to smallholder farmers and rural enterprises. Saswat said its ...
|
|
Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the US Senate set to vote Tuesday on a bill to regu...
|
|
Pop operates a rewards-first UPI payments app that merges payments, commerce, and credit into one experience. It has previously raised funding from se...
|
|
|
|
Financial Services
|
|
India's mutual fund industry is expanding as alternative investment and wealth management firms enter the space. With SEBI's evolving regulations and...
|
|
|
|
Policy
|
|
The Centre has announced the sale (re-issue) of government securities totalling Rs 27,000 crore
|
|
Foreign portfolio investors are seeking regulatory reforms, including an extension of licence tenure from three to five years and the introduction of ...
|
|
The World Gold Council's 2025 survey reveals a record 95% of central banks anticipate increasing gold reserves amid geopolitical and economic uncertai...
|
|
Market participants anticipate continued RBI action to contain excessive volatility, particularly in light of the central bank's shift to a neutral m...
|
<
|
|
|
|
|
