| ETBFSI Newsletter | Tuesday, July 29, 2025 |
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Daily Newsletter
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Top Stories
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Canara Bank is sharpening its retail focus with a full-fledged credit card platform in the works, aiming to issue 15 lakh cards in FY26. In this conve...
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Private lender reported a Rs 604 crore profit in Q1 FY26, recovering from a loss in the previous quarter. IndusInd however sees fresh stress in its re...
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The management has reiterated plans to scale the unsecured portfolio to around 15% of total advances over the medium term, up from 9.7% in Q1FY26.
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The banks are seen as top picks by Ventura on strong earnings, stable asset quality, and improving operational metrics as reasons for investor optimis...
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A sharp decline in new customer additions, down 21% QoQ, alongside flat card-in-force at 21 million suggests a pronounced slowdown in business momentu...
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Banking
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IndusInd Bank Q1 Results: IndusInd Bank on Monday reported a 72% year-on-year fall in its consolidated net profit for the June quarter at Rs 604 crore...
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Unclaimed deposits in Indian banks reached Rs 67,003 crore by June 2025, with public sector banks holding the majority. The RBI launched the UDGAM por...
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Following the Pahalgam terror attack, Jammu and Kashmir Bank faced cyberattacks from Pakistan, which its robust security system successfully thwarted....
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With management guiding for GNPA below 3% and plans to open 119 branches in FY26, Indian Bank appears well positioned for long-term growth.
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Savings deposit rates in some public sector banks are at a historic low since deregulation in 2011, according to the RBI. While small savings schemes ...
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HDFC Bank raised its LCR by 6 percentage points to 124%, Yes Bank by 10 percentage points to 135%, while Canara Bank saw the largest increase, with it...
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The private sector lender reported a significant 72% drop in consolidated net profit for the June quarter, plummeting to Rs 604 crore. Chairman Sunil ...
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Insurance
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Go Digit General Insurance showcased robust growth in Q1 FY26, with net profit surging 36.5% YoY to Rs 138.3 crore, driven by increased gross written ...
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Finance Minister Nirmala Sitharaman told Parliament that raising the FDI limit in the insurance sector to 100% will boost annual growth to 7.1%, attra...
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Life Insurance Corp. of India is actively hedging its liabilities by engaging with Wall Street banks like JPMorgan Chase & Co. and Bank of America Cor...
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Allianz Life Insurance Company of North America has confirmed a large-scale data breach that exposed sensitive personal data of most of its 1.4 millio...
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NBFC
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Adar Poonawalla's Rising Sun Holdings infused â¹1,500 crore into Poonawalla Fincorp, boosting its net worth to â¹9,700 crore. Under Arvind Kapil's l...
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Shriram Finance shares: Shriram Finance on Friday, July 25, reported a standalone net profit of Rs 2,156 crore for the AprilJune quarter, marking a...
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Fintech
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Over 65,000 crore digital transactions have taken place in the last six financial years (FY20 to FY25), amounting to more than Rs 12,000 lakh crore, t...
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Financial Services
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Angel investing in India, despite recently reaching $1 billion, faces potential setbacks due to increased regulatory scrutiny. While the "angel tax" w...
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Policy
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The Reserve Bank of India (RBI) successfully conducted two government securities auctions with a notified amount of Rs 30,000 crore and Rs 6000 crore.
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Industry
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The Finance Ministry reports a stable Indian economy for fiscal year 2026. Domestic supply and demand are strong. Inflation is within the target range...
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