ETBFSI Latest news
Axis Bank's higher provisions on agri loans | Credit card growth slows | ICICI Lombard to see double-digit premium growth
Unsubscribe   |   Report this Email
ETBFSI Newsletter | Thursday, October 16, 2025

Daily Newsletter
Top Stories
Axis Bank has made a one-time Rs 1,231 crore standard asset provision following an RBI advisory linked to farmer loan products that were earlier class...
Axis Bank's corporate loan book expanded 20% year-on-year in Q2 FY26 that forms about 31 per cent of total advances, driven by mid corporates and top...
At higher credit limits, outstandings have fallen more noticeably, suggesting that upper-income cardholders are paying off dues more aggressively.
The insurer reported a healthy performance in Q2FY26 with profit after tax rising 18% year-on-year to Rs 8.2 billion, aided by robust investment incom...
The trend comes amid a broader surge in investment activity, with total PE and VC inflows touching a three-year high of $26 billion, signalling renewe...
 
Banking
RBL Bank will weigh a fundraising initiative on October 18 that could see the issuance of equity shares or related securities. Sources indicate that E...
The National Company Law Tribunal has ordered the corporate insolvency resolution process (CIRP) against Wind World (India) Infrastructure following a...
Axis Bank Q2 Results: Axis Bank's standalone net profit experienced a significant 25% year-on-year decline, falling to Rs 5,090 crore in the second qu...
State Bank of India has maintained its Marginal Cost of Funds Based Lending Rate (MCLR) and External Benchmark-linked Rates for October 2025. This dec...
 
Insurance
India's insurance industry is at an inflection point. With over a billion people as potential customers, rapid digital adoption, and a strong regulat...
HDFC Life Q2 Results: HDFC Life Insurance Company announced its Q2 results. Net profit saw a 3% year-on-year increase to Rs 448 crore. Net premium inc...
CSB Bank will include the insurance products in its suite of financial products, including home loans, business loans, and SME credit lines.
 
NBFC
HDB Financial Services, a subsidiary of HDFC Bank, reported a 1.5 per cent decline in net profit at Rs 581 crore for the second quarter of the current...
IRFC Q2 Results: Indian Railway Finance Corporation (IRFC) reported a 10% year-on-year growth in its September quarter net profit, reaching Rs 1,777 c...
 
Fintech
The notification includes five guidelines under the 'Stop, Think, Act' principle, informing consumers about secure digital payment practices during th...
Move aimed at simplifying corporate structure, improving transparency and efficiency; all transactions independently valued and done on an arm's lengt...
 
Financial Services
The company had posted a PAT of Rs 576.61 crore in the same quarter of the previous fiscal year.Its total income increased by 6 per cent to Rs 1,123.5...
The state-owned lender approached the tribunal after the company defaulted on dues of about ₹55 crore. The company is a subsidiary of Wind World Ind...
Mutual funds have raised their exposure to PSU banks, pushing the sector's weight to a 17-month high of 3.3% in September. This marks a 30-basis-poin...
Sunil Subramaniam, former MD of Sundaram Mutual Fund, has joined BayFort Capital as advisor, bringing over four decades of experience in banking, insu...
 
Policy
Reserve Bank of India Governor Sanjay Malhotra indicated that a policy space exists for a future interest rate cut, but stressed the need for the righ...
Securities Exchange Board of India (Sebi) chairman Tuhin Kanta Pandey warned that quantum computing could trigger a disruption to the economy similar ...
RBI Governor Sanjay Malhotra indicated that an early resolution to tariffs would boost India's economic growth, though higher tariffs are not a major ...
The Reserve Bank of India's liquidity infusion through CRR cuts has been less effective than anticipated, with dollar sales and maturing FX forwards a...
 
<