| ETBFSI Newsletter | Tuesday, October 7, 2025 |
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Daily Newsletter
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Top Stories
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Credit expansion accelerated sharply in the final days of the quarter, driven mainly by large banks such as HDFC Bank (+4.4% QoQ), Kotak Mahindra Bank...
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The GST exemption is likely to have a 20100 bps drag on FY26E embedded value (EV) across insurers, as the loss of input tax credit on existing book...
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While asset quality pressures persist, spread expansion from lower borrowing costs and easing liquidity conditions should help NBFCs and SFBs maintain...
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Banking
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Public sector banks have staged a major comeback in FY26, with the Nifty PSU Bank Index soaring 20% in six months. Indian Bank and Canara Bank lead ga...
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Total advances stood at Rs 2.17 lakh crore, The bank's total business rose by 14.2 per cent to Rs 5.64 lakh crore, from over Rs 4.94 lakh crore in the...
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IndusInd International Holdings Ltd has finalized its acquisition of Sterling Bank in the Bahamas. This follows their initial 51% stake purchase in Se...
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Insurance
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India's government is in early talks with local insurers to design a nationwide climate-linked insurance program. This parametric model would provide ...
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NBFC
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Tata Capital on Friday collected Rs 4,642 crore from 68 domestic and global institutional investors, with the anchor book witnessing demand nearly fiv...
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Microfinance interest rates are rising, defying the general trend of declining rates, as lenders grapple with increased credit costs and persistent as...
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The Reserve Bank of India's October policy measures offer major relief to non-banking financial companies. A Morgan Stanley report confirms this suppo...
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Fintech
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While maintaining the mandatory two-factor authentication requirement, the framework moves away from a mere one-time password (OTP) approach to a fram...
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Cofounder and CEO Pravin Jadhav said the raise began in September 2024, coinciding with key regulatory shifts. He added that Dhan fielded investment o...
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The government on Monday said it will showcase statistical indicators such as GDP, CPI and key labour market statistics at the Global Fintech Fest (GF...
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Built as an intelligent payment infrastructure layer, PayCentral is designed to integrate seamlessly with payment gateway providers such as CCAvenue, ...
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Financial Services
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At the interbank foreign exchange, the rupee opened at 88.75 against the US dollar, and settled for the day at 88.82, a loss of 3 paise over its previ...
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Fino Payments Bank on Monday settled a case pertaining to failure to make timely and complete disclosure regarding frauds perpetrated by its employees...
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Gold prices in India soared past Rs 1.20 lakh per 10 grams, hitting a new record on strong global trends. This surge, mirrored by silver, is driven by...
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Policy
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"The traders already pay tax in the form of STCG (Short Term Capital Gain) tax for any profit under one year and LTCG (Long Term Capital Gain) Tax on ...
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The Supreme Court on Monday agreed to examine a public interest litigation (PIL) concerning unclaimed financial assets in the country, which are estim...
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This policy shift, previously resisted due to the '97 Asian Crisis, aims to bolster the rupee with increased dollar supply and acknowledges the sector...
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Industry
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President Trump warns of a bureaucratic nightmare if the Supreme Court overturns his signature tariffs, potentially obligating the US to refund $165 b...
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GST cut has sparked a sales surge for cars and electronics. Companies now face a challenge replenishing stocks and ensuring timely deliveries. Compone...
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Indian government bonds surged as states announced significantly lower-than-expected borrowing for the current quarter, easing market concerns. The 10...
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With consumer sentiment getting a major boost from the recent GST rate cuts, total consumer spending during this festive season is expected to be in t...
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