| ETBFSI Newsletter | Thursday, November 21, 2024 |
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Daily Newsletter
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Top Stories
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Deepfake videos impersonating high-profile figures like the RBI Governor and NSE CEO are being used to scam investors. These videos promote fraudulent...
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While the current non-performing asset (NPA) cycle may not be as severe as during the COVID-19 pandemic or demonetisation, recovery is expected to be ...
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India's foreign exchange reserves peaked at an all-time high of $705.8 billion at the end of September before declining to $675.7 billion as of Novem...
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While the impact on net interest margins (NIMs) is estimated to range between 3 and 26 basis points, public sector banks (PSBs) are better positioned ...
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Banking
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The Reserve Bank of India and banks are developing a standard procedure for vehicle seizures when borrowers default on loans. This initiative follows ...
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The Indian Institute of Banking and Finance (IIBF) released the admit cards for the Certified Associate of the Indian Institute of Bankers (CAIIB) Exa...
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Sohan Lal Commodity Management (SLCM) has partnered with Bank of Baroda to provide collateral management services for agricultural financing in India....
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IDBI Bank has released a recruitment notification for 600 vacancies, including 500 Junior Assistant Managers (JAM) and 100 Specialist-Agri Asset Offic...
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FD premature withdrawal charges of top banks: Banks allow customers to make premature withdrawal of fixed deposits (FD), but usually with a penalty. H...
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The PLI will be paid in a single tranche and the entire payment shall be in cash. The scheme will come into force retrospectively from the financial y...
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The National Company Law Tribunal's Mumbai bench has initiated insolvency proceedings against Digital Ventures Private Limited, a subsidiary of Zee Le...
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Karnataka Chief Minister Siddaramaiah is heading to New Delhi to meet with Union Finance Minister Nirmala Sitharaman. He seeks to address the 58% redu...
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The PLI will be paid in a single tranche and the entire payment shall be in cash. The scheme will come into force retrospectively from the financial y...
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Market expert Nischal Maheshwari believes HDFC Bank is poised to outperform after a period of underperformance. He notes the bank's strong recent perf...
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Insurance
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India's insurtech sector has delivered 12 times revenue growth over the last 5 years, with cumulative funding surpassing $2.5 billion and ecosystem va...
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LIC's GST liability for FY 2019-20 has been significantly reduced after a rectification hearing. The revised order directs LIC to pay â¹46.75 crore ...
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India's insurance sector is set to witness remarkable growth, with its Assets Under Management (AUM) projected to surge to USD 11 trillion by 2047 fro...
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The Coffee Board of India proposed including coffee under the crop insurance scheme and plans to boost domestic consumption. They aim to increase cof...
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Debasish Panda, IRDAI chief, cautioned banks against mis-selling insurance products, emphasizing the need to prioritize customer trust over aggressive...
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India's insurance sector is set to witness remarkable growth, with its Assets Under Management (AUM) projected to surge to USD 11 trillion by 2047 fro...
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NBFC
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There is an urgent need for the MSMEs to invest and train their employees in these areas to survive a major disruption.
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The collaboration will foster enhanced customer experience for MSMEs in India while also addressing the challenges faced by the enterprises of hiring ...
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Fintech
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Prior to joining Paytm Payments Bank, Kumar was associated with UBI Services as Chief People Officer.
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