| ETBFSI Newsletter | Saturday, August 2, 2025 |
|
Daily Newsletter
|
|
|
|
Top Stories
|
|
This month is also likely to witness the debut of major names such as JSW Cement and Hero FinCorp. Tata Capital, whose IPO is awaiting final regulator...
|
|
The management remains confident of recoveries, especially from the gold segment, and views the spike in credit costs (at 90 bps) as a one-off due to ...
|
|
|
|
Banking
|
|
The Indian government anticipates inviting financial bids for IDBI Bank's strategic sale in the third quarter of FY26, aiming to finalize the winning ...
|
|
Enforcement Directorate issued a Look Out Circular against Anil Ambani. This action follows an investigation into an alleged Rs 17,000-crore loan frau...
|
|
The Reserve Bank of India (RBI) on Friday sanctioned the voluntary amalgamation of New India Co-op Bank with Saraswat Co-op Bank, exercising powers un...
|
| |
Private sector lender IDFC First Bank on Friday said it has mobilised Rs 4,876 crore by allotting convertible cumulative preference shares (CCPS) to C...
|
|
Bank of Baroda (BoB), a PSB, has signed an MoU with the Food Safety and Standards Authority of India (FSSAI) to provide a custom web-based payment pla...
|
|
RBI data reveals a slowdown in bank lending across sectors in June 2025, with services and agriculture experiencing a more pronounced deceleration com...
|
|
In the near term, the bank's earnings trajectory will be supported by non-core income, with management guiding for continued treasury gains and recov...
|
|
|
|
NBFC
|
|
Kinara Capital faces a liquidity crunch after some lenders appropriated fixed deposits and issued loan recall notices, prompting ICRA to downgrade the...
|
|
Capri Global Capital Ltd. has appointed Kishore Lodha as its Chief Financial Officer and Key Managerial Personnel, effective August 1, 2025. He replac...
|
|
Manappuram Finance Limited announced the appointment of Deepak Reddy as the new Chief Executive Officer, effective August 1, 2025. Former Managing Dir...
|
|
| |
Shares of Indian non-bank lender PNB Housing Finance fell more than 16% on Friday to a four-month low, after the unexpected announcement that its CEO ...
|
|
|
|
Fintech
|
|
UPI transactions volume rebounded to 19.47 billion in July from a slight blow in June. IMPS transactions saw a 2 per cent year-on-year (YoY) decline, ...
|
|
Mobikwik's net loss widened significantly to Rs 41.9 crore in the June quarter, impacted by a sharp decline in financial services revenue and increase...
|
|
|
|
Financial Services
|
|
Choice AMC Private, a subsidiary of Choice International, has secured SEBI's final approval to operate as an asset management company for Choice Mutua...
|
|
The Indian rupee closed at a record low of 87.59 per dollar on Thursday, pressured by U.S. tariff threats, foreign outflows, and strong dollar demand....
|
|
|
|
Policy
|
|
The Reserve Bank of India (RBI) is projected to keep repo rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting on August 6, a repor...
|
|
Fed Governor Steps Down Early, Giving Trump Opportunity to Shape Central Bank
|
|
|
|
Industry
|
|
The number of Global Capability Centres (GCC) in India are expected to increase from 1,700 to over 2,200 by 2030, a report said on Friday.
|
|
Uday Kotak cautions India to brace for economic challenges in the next few years due to global tensions, advocating for a stronger emphasis on domesti...
|
|
India's manufacturing sector gained momentum in July, with the seasonally adjusted HSBC India Manufacturing PMI climbing to 59.1, up from 58.4 in Jun...
|
|
United States President Donald Trump has signed the fresh executive order imposing revised tariffs for 70 countries, including India and Pakistan in a...
|
|
| Â |
|
|
|
|
|
