| ETBFSI Newsletter | Monday, June 16, 2025 |
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Daily Newsletter
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Top Stories
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L&T Finance is charting a bold course with a target of at least 20% CAGR and an impressive 25% growth in AUM, banking on a rebound in the market by FY...
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In a bold stride towards growth, L&T Finance is gearing up to amplify its gold and personal loan services. The recent acquisition of Paul Merchant...
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This deterioration is expected to be limited, with the impact partly offset by corporate deleveraging and a continued reduction in the absolute stock ...
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Return on total assets (RoTA), a key metric of profitability, is expected to decline by 1215 bps to around 1.15% in FY26 from 1.34% in FY25.
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Banking
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State Bank of India has reduced interest rates on deposits. The bank lowered retail term deposit rates by 25 basis points. Savings account rates also ...
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While other details, if any, in the NFRA communique are not known, the sources confirmed said the government agency would scan the dossier of working ...
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The government is encouraging state-run banks to increase lending to productive sectors, particularly MSMEs, through targeted Mudra financing and iden...
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CareEdge Ratings anticipates a potential rise in banks' credit costs in FY26 due to stress in unsecured and microfinance loans. Despite this, strong p...
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NBFC
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Former RBI Deputy Governor BP Kanungo is set to join IIFL Finance as an independent director, succeeding AK Purwar. This appointment follows a period ...
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Fintech
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InCred Money is poised to acquire Stocko for approximately Rs 300 crore, marking its entry into the retail broking sector. This acquisition will integ...
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NPCI Bharat BillPay Ltd. (NBBL) has launched Bharat Connect, a campaign conceptualized by DDB Mudra Group, to enhance public awareness and trust in it...
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Policy
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The Reserve Bank of India is anticipated to introduce variable rate reverse repo (VRRR) auctions to manage surplus liquidity, aiming to keep short-ter...
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The Reserve Bank of India's decision to allow STRIPS in state government bonds is poised to revolutionize cash flow management for insurers. This move...
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Nirmala Sitharaman, the Union Finance Minister, inaugurated development projects in Leh, Ladakh, during her four-day visit, reaffirming the government...
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The Reserve Bank of India (RBI) is likely to ease interest rates further after a brief pause as the country may require additional liquidity injection...
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Industry
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Foreign portfolio investors (FPIs) injected Rs 3,346.94 crore into Indian equity markets this week, boosted by the RBI's interest rate reduction. Howe...
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