| ETBFSI Newsletter | Saturday, October 18, 2025 |
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Daily Newsletter
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Top Stories
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Bank of India CEO Rajneesh Karnatak says AA and AAA-rated firms are demanding very fine margins, often linked to external benchmarks such as the repo ...
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Bank of India Chief Rajneesh Karnatak says initial hiccups in the RBI's same-day cheque clearance system due to bulk cheque batches and verification ...
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The industry is expected to witness a growth revival in H2FY26, driven by several factors: recovery in new vehicle demand boosting Motor segment growt...
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Piramal Finance CEO Jairam Sridharan says it originated about Rs 600 crore in co-lending business for its banking partners in Q2 FY26, but with banks ...
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With the total addressable market projected to grow nearly threefold to $2.1 trillion by 2030, the sector is emerging as one of the most promising pil...
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Banking
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Total business grew by 14.43 per cent to over Rs 7.38 lakh crore from over Rs 6.45 lakh crore.
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AU Small Finance Bank on Friday reported a 2 per cent dip in net profit at Rs 561 crore for the second quarter ended September 30, 2025.
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Total income rose to Rs 3,320 crore in Q2 against Rs 2,856 crore in Q2 of FY25.
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Provisions were Rs 235 crore in Q2FY26, a 57 per cent growth over Rs 150 crore provisioned for in Q2FY25.
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Total business of the bank stood at over Rs 5.36 lakh crore as on September 30, registering an increase of 13.23 per cent year-on-year.
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Small finance banks reported lower profits this quarter. Higher credit costs and expenses impacted their earnings. AU Small Finance Bank, Jana, and Uj...
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Sumitomo Mitsui Banking Corporation has decided to cap its investment in Yes Bank at 24.99%, choosing to solidify its presence as the principal shareh...
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IndusInd Bank on Friday clarified that the reported Rs 255 crore accounting irregularity is not part of any new investigation. The figure was included...
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Insurance
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Canara Bank has reduced its stake in Canara HSBC Life Insurance Company Limited from 51% to 36.5% through an Initial Public Offering (IPO). The insura...
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Canara HSBC Life Insurance debuted on the stock market with a modest gain, trading at 108.9 rupees, a 2.7% increase from its issue price. The insurer'...
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Fintech
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UPI accelerates money transfers with remarkable speed and efficiency while also opening the door for small enterprises to secure credit seamlessly.
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Tighter budgets have weakened defenses, with global FinTech funding falling to $39.2 billion in 2023. This decline forced many firms to cut cybersecur...
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Financial Services
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Bond issuances fell 40% quarter-on-quarter to 2.03 trillion rupees ($23.1 billion) in July-September, data from aggregator Prime Database showed. But ...
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ASIA-GOLD-India's festive rush pushes gold premiums to over 10-year peak
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Policy
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India's gold reserves have surpassed $100 billion for the first time, reaching $102.365 billion. This milestone was achieved due to a global price ral...
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Department of Financial Services Secretary M Nagaraju on Friday exhorted heads of state-run banks to "work harder and faster" to list subsidiaries on ...
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The Reserve Bank of India (RBI) on Friday announced the results of the auction of two Government of India securities (G-Secs), the 6.01 per cent GS 20...
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Union Finance Minister N |
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