| ETBFSI Newsletter | Saturday, September 6, 2025 |
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Daily Newsletter
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Top Stories
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How will the GST exemption on life and health insurance affect policyholders and insurers? Will premiums rise despite the 18% tax removal? How will op...
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As of June 30, 2025, the sector's gross loan portfolio stood at Rs 3,53,233 crore, reflecting a contraction from a year earlier due to liquidity cons...
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The CareEdge study reveals a correlation of 0.96 between fintech scores and credit ratings, indicating that higher-rated entities are generally more a...
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Banking
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Indian banks are accelerating efforts to fully implement SWIFT's ISO 20022 messaging standard by the November 2025 deadline, driven by directives from...
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Kalyan Kumar is expected to lead Union Bank of India. Lalit Tyagi is likely to transfer to Central Bank of India. Asheesh Pandey is dropped from consi...
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The benchmark one-year tenor MCLR, which is used to price most consumer loans like auto and personal, will be at 9.45 per cent against the existing ra...
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Company says Bank of Baroda's fraud classification of RCom and Anil Ambani loans is unrelated to its operations or finances and has no stakeholder im...
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The Finance Ministry is likely to hold a two-day PSB Manthan to brainstorm with the top leadership of public sector banks and unlock next-generation r...
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After State Bank of India and Bank of India, another lender Bank of Baroda has classified the loan account of insolvent Reliance Communications as fra...
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Insurance
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The Life Insurance Council urges the GST Council and finance ministry to eliminate the 18% GST on agents' commissions, following the reduction of GST ...
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Financial Services
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Sundeep Sikka, chief executive officer of Nippon Life India Asset Management, has been elected as new chairman of Association of Mutual Funds in India...
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The government is closely monitoring businesses to ensure that the recent GST rate cuts reach consumers, especially during the festive season. Ministr...
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The revenue of India Inc. will likely grow 6-7 per cent during the current financial year because of the reduction in the goods and services tax (GST)...
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SBI's research indicates that GST reforms, including rate reductions, will result in a minimal revenue loss of Rs 3,700 crore, contrasting with the go...
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The GST reforms can moderate CPI inflation in the range of 65-75 bps over FY26-27, an SBI report has said, adding that the simpler GST 2.0 system unle...
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Digital payment and consumer lending startups anticipate a boost in transactions this festive season following the government's GST cuts on key consum...
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Policy
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India's Finance Minister Nirmala Sitharaman on Friday said that rising bond yields had made borrowings expensive for the government at a time when int...
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Discussions centered on simplifying KYC procedures and advancing financial inclusion initiatives outlined in the National Strategy for Financial Inclu...
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