ETBFSI Newsletter | Saturday, August 9, 2025 |
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Daily Newsletter
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Top Stories
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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...
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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...
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Under the amendments, Resolution Professionals must mandatorily include in the Information Memorandum (IM) details of all identified avoidance transac...
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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 ...
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Banking
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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...
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Raksha Bandhan bank holiday: Customers wonder about bank operations on August 9, 2025, coinciding with Raksha Bandhan and a second Saturday, a bank ho...
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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...
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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...
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Equitas Small Finance Bank reported a â¹224 crore Q1FY26 net loss due to higher provisions in its microfinance portfolio. The lender took a one-time ...
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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...
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Insurance
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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...
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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...
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The Life Insurer Council released data of the updated industry business numbers for the month of July 2025, reporting growth across individual and gro...
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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...
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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...
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NBFC
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The Reserve Bank of India has approved Equirus Group's Non-Banking Financial Company (NBFC) license, enabling the launch of its new lending division, ...
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Financial Services
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Indian domestic institutions made their largest stock purchases since April, buying Rs 108.6 billion worth of shares on Thursday. This move helped off...
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Venture capital (VC) is much more than money; it's a driving force shaping India's emerging economic narrative.
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Policy
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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...
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This joint effort by market infrastructure institutions aims to replace the current system of separate assessments, reducing the burden on intermediar...
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The Reserve Bank of India (RBI) has mandated banks to settle claims related to deceased customers' accounts, lockers, and safe custody items within 15...
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end purchases of Russian oil or face painful tariffs. Buying Russian oil saved India billions of dollars on import costs, keeping domestic fuel prices...
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