| ETBFSI Newsletter | Wednesday, April 30, 2025 |
|
Daily Newsletter
|
|
|
|
Top Stories
|
|
IndusInd Bank faces a significant crisis marked by accounting discrepancies in its derivatives portfolio, leading to an estimated â¹2,100 crore impac...
|
|
Looking ahead, the company management is focused on streamlining its operations, with plans to roll out 120 branches for its gold loan initiative.
|
|
The RBI's decision to allow higher charges reflects the increasing cost burden on banks associated with operating ATM networks.
|
|
Key risks for PNBHF in the near term include the potential for slower-than-expected recoveries from its written-off pools, which could affect credit c...
|
|
We hereby inform that Mr. Sumant Kathpalia, Managing Director & CEO, Key Managerial Personnel of the Bank, has by his letter dated April 29, 2025, res...
|
|
|
|
Banking
|
| |
During the quarter, the bank's total income increased to Rs 1,362 crore against Rs 991 crore a year ago, CSB Bank said in a regulatory filing.
|
|
HDFC Bank's market capitalisation has surpassed Goldman Sachs, reaching $183.32 billion amid post-merger recovery. Strong quarterly results, improved ...
|
|
BRIEF-BRIEF-Indusind Bank Says RBI Approves Committee Of Executives For IndusInd Bank
|
|
Due to the religious and cultural significance of Basava Jayanti and Akshaya Tritiya on April 30, 2025 has been declared a bank holiday in one state.
|
|
Jana Small Finance Bank is set to apply for a universal banking license in May, having met the RBI's stringent criteria, including reduced net NPA bel...
|
|
The State Bank of India (SBI) will offer essential banking services to more than 1.8 million people who travel between India and neighbouring countrie...
|
|
|
|
Insurance
|
|
ESIC saw 20.9 million new registrations between April 2024 and February 2025, primarily from micro and small enterprises with up to 20 employees. This...
|
|
With mandatory scrapping of diesel cars of over 10 years and petrol cars of over 15 years, and with growing consumer preferences towards vehicle owner...
|
|
|
|
NBFC
|
|
Bajaj Finance Q4 Results: Bajaj Finance net profit rose 19% YoY to Rs 4,546 crore in the fourth quarter. The Board approved a series of rewards for in...
|
|
|
|
Fintech
|
|
InCred Financial Services, an Indian lending firm, is preparing for an initial public offering. The company aims to raise approximately 40 billion rup...
|
|
Finance Minister Nirmala Sitharaman urged stakeholders to address UPI infrastructure gaps, aiming for one billion daily transactions in 2-3 years. She...
|
|
| |
India's payments authority, central bank, and industry are urging the government to allow a fee on digital payments to large merchants via UPI. This M...
|
|
|
|
Financial Services
|
|
INDIA-MARKETS/INDIA RUPEE-India-Pakistan border strain triggers rollercoaster ride for rupee
|
|
Piyush Goyal is in London to bolster India-UK trade and investment. He met with UK officials and business leaders, including Revolut and De Beers CEOs...
|
|
SBI and HDFC Bank continued to dominate the debit cards and credit cards market shares respectively, in March 2025. In terms of Year-on-Year growth, i...
|
|
In March 2025, outstanding loans across scheduled banks grew by 11 per cent year-on-year, reaching Rs 184 trillion, increasing slightly on a month-on-...
|
|
To cash in on the festive spirit of Akshaya Tritiya , BFSI companies such as SBI Card, Amazon Pay, and others are highlighting gold purchases by offer...
|
|
|
|
Policy
|
|
The Reserve Bank of India (RBI) mandates the use of the PRAVAAH portal for all regulatory applications from May 1, 2025, for banks, financial companie...
|
|
|
|
|
|
|
|
