| ETBFSI Newsletter | Tuesday, April 29, 2025 |
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Daily Newsletter
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Top Stories
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With gold prices reaching approximately $3,305.70 per ounce as of April 25, 2025, the total value of India's household gold reserves is estimated to b...
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Although credit costs and competition-related yield pressures are likely to persist, improving cost of funds, strong growth in core segments, and easi...
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Credit costs, particularly from the microfinance (MFI) portfolio, are expected to decline from the first quarter of FY26, with overall asset quality r...
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A recent report indicates that 70% of Indian women business owners in Tier 2, 3 cities and beyond aspire to enhance their financial, marketing, and di...
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Banking
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IndusInd Bank's Deputy CEO, Arun Khurana, has resigned immediately following the disclosure of accounting lapses in the bank's derivative portfolio. T...
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Union Bank of India has recruited 1,500 Local Bank Officers across multiple states to improve customer service and strengthen ties with local communit...
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The new guidelines focus on updating free transaction limits, revising charges for exceeding those limits, and modifying the structure of interchange ...
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Depositors of the scam-hit New India Co-operative Bank protested in Thane, Maharashtra, demanding swift action for the bank's revival or merger. They ...
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In March 2025, debit card transactions dropped by 10.9% in volume and 12.2% in value month-on-month, while credit card transactions increased with a 1...
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IDBI Bank announced a robust 26% surge in net profit for Q4 FY25, reaching Rs 2,051 crore, alongside a full-year net profit of Rs 7,515 crore, marking...
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Commenting on the occasion, Sengupta said, "We will continue to seek strategic opportunities to broaden our reach nationwide, while maintaining a stro...
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UCO Bank on Monday reported a nearly 24 per cent year-on-year jump in consolidated net profit to Rs 665.72 crore for the quarter ended March. The stat...
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Savings a/c interest: You can get up to 7% interest rate on savings bank account of RBL Bank on a monthly basis. This new development is as per an ema...
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Mumbai [India], DBS Bank India was named the 'Best Bank for Diversity and Inclusion' at the prestigious Euromoney Awards for Excellence 2024. Regarded...
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Insurance
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In recent years, ICICI Lombard has sought to correct this imbalance by launching new products and expanding its sales force focused on health insuranc...
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Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs' higher purchase prices and costly battery replaceme...
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The Ayushman Bharat Vay Vandana Yojana (ABVVY) will officially launch on Monday with the participation of Delhi Chief Minister Rekha Gupta, Union Mini...
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"Lessons that involve having that surge capacity to be able to quickly ramp up testing, having the necessary equipment, PPE capacity in hospitals, in ...
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CANARA HSBC LIFE INSURANCE-IPO/ (URGENT)India's Canara HSBC Life Insurance Company files for IPO
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NBFC
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US-INDIA-SHRIRAM-FINANCE-India's Shriram Finance mulling yen-denominated fundraise to diversify borrowing, CEO says
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Sa-Dhan has tightened microfinance regulations amid rising asset quality concerns, particularly with potential disruptions in Tamil Nadu due to new st...
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The company's total income rose to Rs 6,723 crore in the January-March quarter from Rs 6,478 crore in FY24, the state-owned company said in a regulato...
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