ETBFSI Newsletter | Thursday, May 15, 2025 |
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Daily Newsletter
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Top Stories
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NaBFID has sanctioned over 200 projects so far and disbursed funds to 150+, with sanctions of Rs 1.2 Lakh Cr and Rs 70,000 crore fundraising plan for ...
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With government approval as an accredited agency for the Green Climate Fund, NaBFID aims to channel this fund into India to facilitate cheaper infrast...
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The positions include managing directors at Union Bank of India, India Infrastructure Finance Company Ltd (IIFCL), and the Central Bank of India.
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The recent amalgamation of Aditya Birla Finance with ABCAP, effective from April 2025, has unlocked around Rs 30,00035,000 crore in capital, which ...
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While short-term fluctuations may persist, fundamental drivers suggest gold's strength is not yet exhausted and investors focused on the bigger pictu...
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Banking
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IndusInd Bank is facing scrutiny over past accounting reversals flagged in a whistleblower letter to the RBI and the board. The letter also highlighte...
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Several banks, including Punjab National Bank, Kotak Mahindra Bank, and DCB Bank, have adjusted their fixed deposit interest rates. These revisions im...
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A standout feature of the Union Wellness Deposit is the inclusion of a 375-day Super Top-up Health Insurance cover, offering a sum insured of Rs 5 lak...
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Insurance
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Magma General Insurance has announced a strategic partnership with Toyota Tsusho Insurance Broker India (TTIBI), moving towards expanding its hold in ...
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At present, around 35 AHNA-member hospitals have been allegedly indiscriminately blacklisted by insurers, as per a list shared by Dr. Gadhvi.
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Apollo 24|7 is venturing into insurance with 'Apollo 24|7 Insurance Services,' a fully owned subsidiary, after securing regulatory approval as a corpo...
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Axis Max Life, currently owned jointly by Axis Bank and Max Financial Services, operates under a quasi-listed structure, where the parent companies ar...
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NBFC
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Indian gold loan financier Muthoot Finance beat fourth-quarter profit estimates on Wednesday, aided by strong loan demand amid high prices of the prec...
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The IPO-bound Tata Capital on Wednesday reported a 31 per cent year-on-year surge in its consolidated profit after tax (PAT) to Rs 1,000 crore for thr...
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Jio Credit, the non-bank financing arm of the Mukesh Ambani-led Reliance group, on Wednesday raised Rs 1,000 crore through a maiden bond issue from do...
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Credit Saison India has secured $150 million in ECB funding from Mizuho Bank through its GIFT City branch, following Mizuho's equity investment last y...
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The MSME sector in India witnessed significant formalization in FY25, with Udyam registrations surging. Digital adoption is on the rise, yet a substan...
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Financial Services
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Even Dhan, often cited as Paytm Money's direct challenger in the tech-forward broking space, grew by just 1 per cent -- making Paytm Money the clear o...
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Policy
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Foreign investors who hold Indian government bonds need not disclose investor group details, the Securities and Exchange Board of India (SEBI) propose...
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Reserve Bank of India wants to safeguard depositors' interests. It has asked banks for suggestions. The suggestions are about adding nominee contact d...
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FICCI has appealed to the RBI to maintain the current co-lending rules, which allow NBFCs to originate loans and then sell a significant portion to ba...
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