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AU SFB to continue focus on retail I SBI confident of double-digit corporate loan growth I IBBI tightens insolvency rules
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ETBFSI Newsletter | Saturday, August 9, 2025

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We will stick to retail and really give a tough time to NBFCs, transition to corporate lending will happen once we have a large balance sheet, s...
Chairman CS Setty said the bank has visibility on nearly Rs 7 lakh crore worth of proposals, both in the pipeline and sanctioned but yet to be disburs...
Under the amendments, Resolution Professionals must mandatorily include in the Information Memorandum (IM) details of all identified avoidance transac...
UPI's rapid growth is boosting bank liquidity, with rising household financial savings of Rs 15.52 lakh crore in FY24 and a higher share of deposits ...
 
Banking
Reserve Bank of India will implement new rules from January 1, 2026. Banks must settle claims of deceased customers within 15 days. Delayed payouts on...
Raksha Bandhan bank holiday: Customers wonder about bank operations on August 9, 2025, coinciding with Raksha Bandhan and a second Saturday, a bank ho...
AU Small Finance Bank's promoters will transfer shares to a non-operative holding company, fulfilling RBI's requirements for its transition to a unive...
State Bank of India (SBI) on Friday reported a 12% year-on-year (YoY) rise in its standalone net profit for the June quarter at Rs 19,160 crore, compa...
Equitas Small Finance Bank reported a ₹224 crore Q1FY26 net loss due to higher provisions in its microfinance portfolio. The lender took a one-time ...
HSBC has leased additional office space at 40 Bank Street in Canary Wharf due to insufficient room at its future headquarters near St Paul's Cathedral...
 
Insurance
Insurance behemoth LIC on Thursday reported a 5 per cent rise in its net profit to Rs 10,987 crore in the first quarter and exuded confidence of a dou...
GIC Re has posted a 69 per cent surge in net profit to Rs 1,752 crore for the first quarter ended June 30, 2025.The state-owned reinsurance company ha...
The Life Insurer Council released data of the updated industry business numbers for the month of July 2025, reporting growth across individual and gro...
A nationwide survey in 2024 revealed that for 57% consumers, life insurance was a top-of-the-mind financial instrument. The same survey also found tha...
Shriram Life Insurance Company has reported a 21 per cent growth to Rs 257 crore in the individual new business premium during the April-June 2025 qua...
 
NBFC
The Reserve Bank of India has approved Equirus Group's Non-Banking Financial Company (NBFC) license, enabling the launch of its new lending division, ...
 
Financial Services
Indian domestic institutions made their largest stock purchases since April, buying Rs 108.6 billion worth of shares on Thursday. This move helped off...
Venture capital (VC) is much more than money; it's a driving force shaping India's emerging economic narrative.
 
Policy
The Reserve Bank of India's (RBI) decision to keep the repo rates unchanged in the August policy cycle is seen as a technical pause driven by inflatio...
This joint effort by market infrastructure institutions aims to replace the current system of separate assessments, reducing the burden on intermediar...
The Reserve Bank of India (RBI) has mandated banks to settle claims related to deceased customers' accounts, lockers, and safe custody items within 15...
end purchases of Russian oil or face painful tariffs. Buying Russian oil saved India billions of dollars on import costs, keeping domestic fuel prices...
 
Industry