| ETBFSI Newsletter | Thursday, August 14, 2025 |
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Daily Newsletter
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Top Stories
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IBC fixes have been proposed, but the bill's promise must not remain on paper - What do insolvency veterans think? Abizer Diwanji says the IBC needs ...
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With uniform documentation, higher claim limits, and fixed timelines, the framework, set to take effect on January 1, 2026, aims to speed up settlemen...
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Monu Ratra, CEO of IIFL Home Loans, announced a growth target of 16-18% year-on-year, driven by a focus on Economically Weaker Sections (EWS) and Low ...
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The analysis by Client Associates has found out that while listing gains were common, with 68% of IPOs delivering first-day returns averaging 24.15%, ...
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At the heart of the FREE-AI framework are the seven Sutras Trust is the foundation, People first, Innovation over restraint, Fairness and equity, ...
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Banking
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Facing widespread outrage, private lender ICICI Bank on Wednesday partially reversed its minimum average balance (MAB) requirements from Rs 50,000 to ...
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To improve the efficiency of cheque clearing and reduce settlement risk for participants, and to enhance customer experience, the RBI has decided to t...
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AU Small Finance Bank, set to transition into a universal bank, has hired global advisory firm Korn Ferry to assist with succession planning and talen...
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The existing investors of Shivalik such as Accel, Quona, Lightspeed and Sorin Investments have also participated in this round, having put in another ...
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CSB Bank on Wednesday reported a marginal 5 per cent increase in the June quarter net profit at Rs 119 crore.The private sector lender had earned Rs 1...
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Mumbai Police initiated a preliminary enquiry into IndusInd Bank following allegations of financial irregularities by former key managerial personnel....
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Insurance
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HDFC ERGO General Insurance Company on Wednesday said it has forged a partnership with PhonePe to launch an affordable health insurance solution desig...
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NBFC
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India's microfinance market experienced a contraction, with the gross loan portfolio declining to Rs 3.59 lakh crore by June 2025. Lenders are priorit...
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Rajeev Jain of Bajaj Finance led NBFC executive compensation in fiscal 2025, with earnings exceeding â¹65 crore and a total package surpassing â¹105...
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Gold loan NBFC Muthoot Finance on Wednesday reported a 65 per cent year-on-year surge in its consolidated profit after tax to Rs 1,974 crore for three...
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Mahindra & Mahindra's NBFC arm, Mahindra Finance, prioritizes asset quality while strategically expanding its business. The company has focused on str...
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Fintech
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Motilal Oswal Financial Services has invested Rs 400 crore in quick commerce firm Zepto, as per a stock exchange filing. This investment follows small...
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In order to address financial fraud, National Payments Corporation of India (NPCI) has directed banks and payment apps to halt all peer-to-peer (P2P) ...
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Mumbai based travel fintech platform Niyo announces acquisition of Kanji Forex with the appointment of Amit Talwar as the CEO of Forex business.
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ayments solutions provider Seshaasai Technologies Ltd has raised Rs 120 crore from Tata AIG General Insurance Company, VQ FasterCap Fund II, and Value...
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Policy
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The Reserve Bank of India (RBI) may implement a 25 basis point rate cut in the fourth quarter this year if moderate high-frequency data from June cont...
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Amid growing interest in rupee-rouble transactions, the Reserve Bank of India has simplified rupee trade settlements with Russia. This move allows aut...
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Indranil Bhattacharyya, currently the Executive Director of RBI's Monetary Policy Department since March 19, 2025, is expected to become a member of t...
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Former RBI Governor Duvvuri Subbarao warns that India could face economic challenges from potential US tariffs and Chinese dumping. These pressures ma...
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