| ETBFSI Newsletter | Saturday, June 14, 2025 |
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Daily Newsletter
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Top Stories
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The broader implication is a likely tightening of supervisory frameworks across India's banking sector, with expectations for IDs to demonstrate shar...
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For the first time in three years, growth in health insurance premiums dropped to single digits to 8.98% in FY25, down from 20.25% in FY24.
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There has been a virtual flood of such apps in the Indian market in recent years, with scammers stealing â¹33,165 crores from unsuspecting victims be...
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Banking
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IndusInd Bank, having secured RBI approval, proposes Borkar & Muzumdar as joint statutory auditors, pending shareholder approval at the 31st AGM. The ...
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Moody's has upgraded Yes Bank's long-term deposit ratings, citing improvements in asset quality and capital adequacy. The upgrade reflects the bank's ...
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RBI grants six-month extension to Prashant Kumar as YES Bank MD & CEO, effective from October 6, 2025, or until a new MD & CEO takes charge, whichever...
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Finance Minister Nirmala Sitharaman will meet with PSB heads on June 27 to review financial performance and government scheme implementation following...
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The International Finance Corporation and the World Bank have approved a concessional loan of USD 700 million for a major mining and resource developm...
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With the rate cut, its home loan now starts from 7.35 per cent and car loan from 7.7 per cent, which is among the lowest interest rates in the banking...
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Indian banks observe holidays that vary by state, as determined by the RBI's annual calendar. Banks are closed on the second and fourth Saturdays, Sun...
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India's growing economy, young workforce, and expanding export base make it a key market for Mizuho Financial Group, according to CEO Masahiro Kihara...
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Insurance
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Life Insurance Corporation of India offers help to families affected by the Air India flight Al 171 accident. This incident occurred in Ahmedabad on J...
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The Air India crash in Ahmedabad is expected to result in India's costliest aviation insurance claim, with estimates exceeding $120 million. The aircr...
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The FSIB, which recommends names for top roles at public sector insurance companies and banks, on Wednesday named Doraiswamy Ramchandran for the posit...
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NBFC
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RBI's revised gold loan regulations, featuring a higher loan-to-value (LTV) ceiling, are expected to bolster growth for gold loan-focused NBFCs, accor...
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The increase in the loan-to-value (LTV) ceiling provided in the RBI's final directions on gold loans will support the growth of non-banking financial ...
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MFs' debt exposure in April 2025 accounted for 16.7% of banks' advances to NBFCsrising from 15.1% in March and 13.3% a year earlier.
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"Deposit rates are going down in line with the monetary policy announcement, where the RBI (Reserve Bank of India) cut repo cuts by 50 basis points," ...
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Fintech
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Each stock option is convertible into one fully paid-up equity share of face value Rs 2, and the options are priced at face value, the company said in...
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The Finance Ministry's denial of plans to reintroduce MDR on UPI payments has dampened fintech firms' monetisation hopes, leading to a drop in their...
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Policy
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A surge in oil prices after Israel's strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to step in and limit further...
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Industry
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Consume price inflation in India which eased to an over six-year low in May (at 2.82 per cent) is seen declining further towards 2 per cent, perhaps e...
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