| ETBFSI Newsletter | Friday, April 4, 2025 |
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Daily Newsletter
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Top Stories
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The direct impact of these tariffs is expected to be moderate, but a slowdown in US economic growth and weak global trade momentum could dampen extern...
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To mitigate risks, NPCI is developing an AI-driven alert system that warns users before transferring funds to flagged accounts, and has tied up with f...
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With liquidity conditions expected to remain favourable, more banks are likely to reduce FD rates in the coming months. If the liquidity surplus cross...
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Banking
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Meanwhile, another public sector lender Bank of India reported a 13.59 per cent loan growth to Rs 6.65 lakh crore at the end of fourth quarter of FY25...
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INDIA-DEBT/India's NaBFID plans first ever short-term bond issue, bankers say
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The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points (bps) to 6.25 per cent in February 2025, fixed deposit (FD) rates across bank...
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This would be the first such action under section 107 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) in Mumbai city, the EOW official said. Th...
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State Bank of India (SBI) and Citi on Thursday announced a social loan facility of $295 million to support smallholder farmers in India.
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Private banks are likely to see a 3% year-on-year decline in profit after tax (PAT), while public sector banks (PSBs) may report modest earnings growt...
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Punjab National Bank recorded a credit growth of 13.6%, reaching Rs 11.17 lakh crore in the March quarter, alongside a 14.3% increase in deposits. Cen...
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South Indian Bank experienced a 10% increase in gross advances, reaching Rs 88,447 crore by the end of FY25, while deposits grew at a slower rate of 5...
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NBFC
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"Micro LAP is one of the fastest growing spaces within the NBFC segment given the credit demand from over 6 crore micro, small and medium enterprises ...
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Fintech
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The revised MSME classification now includes micro-enterprises with investments up to â¹2.5 crore, small enterprises with up to â¹25 crore investmen...
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PhonePe, Google Pay, and Paytm accounted for 93% of all transactions. In terms of transaction value, they accounted for 92% in December 2024.
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Travel-focused fintech Scapia, founded by ex-Flipkart executive Anil Goteti, raised $40 million in funding led by Peak XV Partners. The startup, rebou...
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NPCI is leveraging Artificial Intelligence and Machine Learning to bolster customer security in digital transactions amidst growing UPI usage. Engagin...
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Financial Services
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Forex traders said, Trump's reciprocal tariffs sent shockwaves through the market, and investors sought for safe haven.
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Policy
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INDIA-CENBANK-India lenders propose RBI switch to overnight liquidity management, new benchmark
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The Reserve Bank of India's net short positions in the forward book surged to a record high of $78.6 billion in February. Most of the positions fall i...
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Industry
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Standard Chartered Bank Head - India, Economics Research, Anubhuti Sahay said an effective 20 per cent tariff increase on Indian exports to the US ( a...
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PRECIOUS-GOLD/Trump's policies to spur further central bank gold buying
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India's economy is set to grow at 6.7 per cent in FY26, driven by a cyclical recovery and steady market performance, a new report said on Thursday.
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