| ETBFSI Newsletter | Wednesday, October 8, 2025 |
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Daily Newsletter
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Top Stories
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Finance Minister Nirmala Sitharaman urged FinTechs to innovate responsibly, prioritise fundamentals, and bridge gaps in financial inclusion. Speaking ...
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RBI Deputy Governor T Rabi Sankar mentioned five guideposts: Trust, Ethics, Training, Technology for Good, and Togetherness, for responsible AI in fin...
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Nearly 30 of this year's IPOs have failed to generate profits, and 25 are currently trading below their issue price. Yet, the broader sentiment remai...
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As of September 19, 2025, credit offtake stood at Rs 189.0 lakh crore, up 10.4% year-on-year, primarily due to expansion in loans to micro and small e...
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DFS Nagaraju says Video KYC and the Video Customer Identification Process (VCIP) guidelines will be issued shortly. A pilot for NRIs is underway, enab...
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Artificial Intelligence's core infrastructure is concentrated in the hands of a few global players. Ajay Kumar Choudhary, Non Executive Chairman, NPC...
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Banking
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The court did not entertain the industrialist's contention that the order should be held as null and void because he was not given a personal hearing,...
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Axis Bank is targeting leadership in acquisition financing. The Reserve Bank of India is expected to allow domestic banks into this segment. Axis Bank...
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HDFC Bank has lowered its Marginal Cost of Funds-based Lending Rates. Borrowers with loans linked to this benchmark will benefit from the reduction. T...
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The government is set to finalize the IDBI Bank stake sale by fiscal year-end, with financial bids expected soon. This significant divestment, alongs...
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Insurance
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Bajaj Finserv has rebranded its insurance arms to Bajaj General Insurance and Bajaj Life Insurance, marking a significant shift after acquiring Allian...
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NBFC
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IDBI Capital and Northern Arc Capital have jointly invested Rs 60 crore in Satin Finserv, the MSME lending arm of Satin Creditcare Network. Each firm ...
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Fintech
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The move follows recent guidelines from the Reserve Bank of India permitting alternative methods of authentication and will mark a departure from the ...
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The Reserve Bank of India and Department of Financial Services launched several digital payment innovations at the Global Fintech Fest 2025. Key featu...
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Mahaveer Singhvi, Joint Secretary, MEAS highlighted the global impact of India's fintech ecosystem. FinTech diplomacy can be a tool of peace, pros...
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Artificial Intelligence (AI) is no longer a futuristic concept but has become a central force in reshaping financial services, Ajay Kumar Choudhary, N...
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Fintech startup Niro has shut down after four and a half years. The company cited changes in the sector and difficulties in securing new funding as re...
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PayPal CEO Alex Chriss acknowledges global regulatory challenges. He stresses PayPal's commitment to meeting regulatory needs while benefiting consume...
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Financial Services
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The solution directly connects to BFSI clients' application programming interfaces (APIs) and fintech platforms, streamlining the complete customer j...
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Finance Minister Nirmala Sitharaman launches the IFSC Foreign Currency Settlement System (FCSS) at GFF 2025, that enables real-time settlement of fore...
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Policy
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The Reserve Bank of India has cancelled the banking licence of Jijamata Mahila Sahakari Bank, Satara, citing inadequate capital and poor earning prosp...
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The Reserve Bank of India has taken over the board of Irinjalakuda Town Co-operative Bank. This action is due to the bank's ongoing poor financial hea...
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