ETBFSI Newsletter | Tuesday, July 8, 2025 |
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 Daily Newsletter
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Top Stories
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Margins have remained under pressure despite a 100-basis-point repo rate cut by the RBI, with NBFCs experiencing only marginal benefit from lower borr...
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Looking ahead, BCG sees the next wave of growth coming from three segments: B2B(2X), financial infrastructure, and lending.
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While near-term profitability may face headwinds, Indian banks are well-positioned to weather the storm, underpinned by a strong capital base, improve...
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Indian FinTechs raised a total of USD 156.9 million in June 2025, registering a decline from USD 210.7 million in May and USD 238.9 million in April. ...
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Banking
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Speaking at a CII event, Shaji said that as of May 1, integration of all the RRBs at the state level has been done, and by September 15, the IT integr...
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Babitha B P joined State Bank of India as Deputy Chief Information Security Officer, bringing over two decades of experience in cybersecurity and risk...
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Public sector banks will recruit about 50,000 manpower during the ongoing financial year to meet their growing business requirement and expansion, Of ...
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India's banking sector experienced a slowdown in the June quarter, marked by subdued credit growth and inconsistent deposit performance. HDFC Bank, al...
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Insurance
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The general insurance sector experienced a 5.8% increase in gross premium income in June, reaching â¹23,256 crore, primarily fueled by retail health ...
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NBFC
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The National Housing Bank (NHB) has mandated that housing finance companies (HFCs) must pay interest to borrowers on advance EMI payments held in sund...
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TruCap Finance has appointed Saurabh Sethi as its new Finance Head, effective July 7, 2025, following the resignation of CFO Sanjay Kkureja. Sethi bri...
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Fintech
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At a time when AI has been embedded into fintech services for providing superior customer experiences and streamline employee functions for enhanced p...
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Indian expats in the UAE can now use UPI with their international mobile numbers, thanks to a recent agreement. This allows seamless transactions from...
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During the meeting, the two leaders reviewed bilateral ties in the areas of economic cooperation, development partnership, fintech, capacity building,...
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In a significant move for the digital payments landscape, NPCI has acquired a prime 1.5-acre site in Mumbai's bustling BKC for â¹829.43 crore from MM...
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M Nagaraju asked fintechs to prioritize offline payment options. This push aims to boost financial inclusion across India. He spoke at the CII Summit ...
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The FinTech platform has introduced a personal finance MCP Server, which now allows users to consolidate financial data and share it with AI tools lik...
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Financial Services
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Securities and Exchange Board of India (SEBI) Chairman, Tuhin Kanta Pandey, said on Monday that SEBI has all the powers to act against manipulative tr...
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Debt securitisation volumes have inched up to Rs 49,000 crore during April-June 2025 as compared to Rs 45,000 crore recorded in the year-ago period, a...
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The funds will fuel expansion into underserved regions. InPrime focuses on India's Informal Prime Households. They offer credit to micro-entrepreneurs...
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NSDL Payments Bank, backed by National Securities Depository Limited (NSDL) on Monday announced the appointment of Nishant Vasani as its Chief Busines...
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Motilal Oswal sees Q1FY26 as a crucial "crossover quarter," marking a shift from sluggish earnings to double-digit growth. Broad-based sectoral recove...
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Jio BlackRock Asset Management has successfully raised over Rs 17,800 crore ($2.1 billion) through its initial offering of three cash or debt mutual f...
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Industry
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Finance Minister Nirmala Sitha |
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