| ETBFSI Newsletter | Friday, October 24, 2025 |
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Daily Newsletter
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Top Stories
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India's fintech growth will be defined by two key dimensions, building deeper technology capabilities and expanding globally, said Kris Gopalakrishna...
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Credit card transactions have expanded significantly over the years. Volumes grew from 208.7 crore in 2019 to 447.2 crore in 2024, while the total val...
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Despite expectations of a sharp squeeze, most banks that have reported results posted stable or improved margins sequentially. Several even registered...
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UPI transactions surged from 1,079 crore in CY 2019 to 17,221 crore in CY 2024, while transaction values grew from Rs 18.4 lakh crore to Rs 246.8 lakh...
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Banking
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The National Payments Corporation of India has acknowledged certain hurdles with the recently implemented continuous cheque clearing system, establish...
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Yes Bank CEO Prashant Kumar says the bank is targeting double-digit loan growth, stronger retail deposits, and stable asset quality. With SMBC's 24.2...
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State Bank of India (SBI), the largest public sector lender in the country, on Thursday said it has received two prestigious awards -- World's Best Co...
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NIM for the quarter rose 12bp sequentially to 3.06%, defying expectations of a decline, aided by better funding cost and calibrated deposit repricing....
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Starting November 1, 2025, bank customers can nominate up to four people for their accounts. This change, part of the Banking Laws Amendment Act 2025,...
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Insurance
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General insurance company SBI General Insurance on Thursday announced a 10.7 per cent increase in its gross written premium to Rs 7,376 crore for H1 F...
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Fintech
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Digital payments have surged in India, now representing 99.8% of transaction volume and 97.7% of value in early 2025. This marks a significant increas...
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Financial Services
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Georgia based Pave Bank announces that it has raised $39 million led by Accel to support the expansion of corporate and institutional banking offering...
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Policy
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In a bold move towards financial stability, India's Reserve Bank is transforming its foreign exchange strategy. By acquiring more gold and scaling bac...
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Several states, including Maharashtra and Kerala, are urging the Union finance ministry to ease borrowing limits. These limits now factor in power due...
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Banking system liquidity turned negative for the first time in a month, primarily due to Reserve Bank of India's foreign exchange intervention in the ...
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Sebi has proposed a uniform process for mutual fund folio creation and first investment to tackle KYC compliance issues. The regulator seeks public fe...
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The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank and Primus...
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The Reserve Bank has proposed to mandate a Unique Transaction Identifier (UTI) for all transactions in OTC markets for rupee interest rate and foreign...
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India's central bank, the RBI, is examining delays in international money transfers reaching bank accounts. This review aims to speed up payments for ...
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Industry
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India's economy is poised for impressive growth, projected at 6.7 to 6.9 percent this fiscal year. The surge in domestic demand, bolstered by strategi...
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