| ETBFSI Newsletter | Thursday, June 19, 2025 |
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Daily Newsletter
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Top Stories
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ETBFSI's FinNext 2025 on 20th June in Bengaluru will bring together regulators, founders, VCs, and tech leaders to discuss scale, compliance, innovat...
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With cost of funds set to decline and bank appetite for NBFC exposure reviving, the sector appears to be entering a more supportive policy and funding...
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The banks identified for this round of disinvestment include UCO Bank, Bank of Maharashtra, Central Bank of India, Punjab & Sind Bank, and Indian Over...
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This extension of STRIPS to SDLs is expected to benefit banks by offering them an additional tool to manage their liquidity and interest rate risk, As...
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Banking
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ICAI is reviewing Gensol Engineering and IndusInd Bank's books, expecting to conclude in six months, potentially leading to disciplinary actions again...
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Standard Chartered refuted a Bloomberg News report alleging lapses in its derivatives sales in India, stating it only offered structured products to e...
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Razdan joined the bank in 2018 and was CHRO at Idea earlier. In his June 2 resignation letter, Razdan said that he was serving 3 months notice a...
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Indian banks, particularly private lenders, are lagging in the transition to the ISO 20022 SWIFT messaging standard, with only SBI fully compliant ahe...
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An RBI investigation revealed lapses in Standard Chartered Bank's sale of complex derivative products, leading to accountability measures. Several emp...
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Standard Chartered Plc is under the Reserve Bank of India's scrutiny following concerns about derivative sales to SMEs and risk control lapses. The RB...
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Insurance
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The Air India Flight 171 crash, which killed 270 people, has complicated insurance claim settlements, particularly in cases where both the insured and...
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'Women Term Survey 2025' by Bajaj Allianz Life Insurance shared insights from over 1,000 salaried and self-employed women across metro, tier 1, and ti...
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In a landmark move towards strengthening road safety and emergency healthcare, the Ministry of Road Transport and Highways (MoRTH), with the active su...
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Air India or Boeing could face unlimited damages if found negligent under international aviation law, UK legal experts said, following the June 12 cra...
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NBFC
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Shriram Finance Ltd is set to revise its fixed deposit interest rates starting June 26th. Senior citizens will continue to receive an additional 0.50%...
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Sa-Dhan, the RBI-recognized SRO, has launched a toll-free grievance helpline and a comprehensive Client Grievance Redressal Mechanism (CGRM) manual to...
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In a significant financial maneuver, Jio Financial has successfully purchased 790.8 million equity shares of Jio Payments Bank Limited from the State ...
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Pilani Investment and Industries Corporation is holding its annual general meeting on June 30, which will also consider dividend payment for 2024-25. ...
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Financial Services
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The Indian rupee is expected to trade in the range of 85.25 to 86.25 against the US dollar in the near term, according to a report by Bank of Baroda.
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Policy
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The Fed kept its key rate unchanged for the fourth straight meeting Wednesday, and said the economy is expanding at "a solid pace." Changes to the Fed...
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Industry
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ICRA projects India's real GDP growth to exceed 6.5% and GVA growth to surpass 6.3% for FY26. CPI inflation is expected above 4.2%, with a fiscal defi...
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