| ETBFSI Newsletter | Wednesday, October 15, 2025 |
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Daily Newsletter
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Top Stories
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Bank of Maharashtra's corporate credit rose 15.6 per cent YoY in Q2 FY26, CEO Nidhu Saxena says growth is fueled by lending to sunrise sectors like r...
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Bank of Maharashtra MD & CEO Nidhu Saxena said the lender expects a Rs 2,500-crore provisioning requirement under RBI's new expected-credit-loss (ECL...
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While overall credit expanded 10.4% year-on-year as of 19 September, deposits rose 9.5%. The credit-deposit ratio breached the 80% mark for the first ...
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Envisioned as a digital platform where assets are tokenised and trades are settled instantly through the wholesale Central Bank Digital Currency, UMI ...
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While the US dollar is likely to retain its role as the primary medium of exchange and unit of account in the near term, its credibility as a long-ter...
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The Making AI Work Awards
Recognizing the people and teams using AI to solve real problems. If youâve built something that delivers impact, efficiency, or change â this is your stage.
Entries Closing soon
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â Get Featured on our Wall of Fame
â Be Seen by Indiaâs Top AI & Business Leaders
â Meet & Network with AI Leaders & Champions
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Banking
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RBL Bank has denied a news report about Emirates NBD Bank seeking a majority stake. The bank stated the article's contents are incorrect. RBL Bank is ...
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A bank employees' union has raised concerns about the new same-day cheque clearing system, citing software glitches and inadequate staff training that...
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Public sector banks are showing renewed strength and resilience. Credit growth now surpasses private banks. This improvement stems from better due dil...
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Bank of Maharashtra reported a 23% rise in net profit to Rs 1,633 crore for the September quarter of FY26. This growth was fueled by a decrease in bad...
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Axis Bank is expected to report a 19% YoY drop in Q2 PAT, pressured by margin compression, higher deposit costs, and elevated operating expenses. Whil...
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HSBC India has launched HSBC Digital Merchant Services. This new solution simplifies payment processes for online businesses. Merchants can now manage...
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Insurance
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ICICI Prudential Life Insurance Company on Tuesday reported 18 per cent growth in consolidated net profit at Rs 296 crore for three months ended Septe...
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The non-life insurer's profit after tax jumped 18% to 8.2 billion rupees ($92.37 million) for the quarter ended September 30.
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Srivastava holds over two decades of experience in the insurance sector including stints at Kotak Life Insurance and ICICI Prudential Life Insurance. ...
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NBFC
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Navratna public sector undertaking Indian Renewable Energy Development Agency Limited (IREDA) on Tuesday announced a 41 per cent jump in net profit to...
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Digital non-banking financial companies (NBFCs) sanctioned 3 crore personal loans totalling Rs 43,019 crore in Q1 FY26, representing 80 per cent of pe...
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Fintech
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NPCI's continuous clearing system (t+0) is now stable and near ready.
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Financial Services
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In a bid to enhance investor experience, the Investor Education and Protection Fund Authority is set to evaluate a proposal that would streamline the ...
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Aditya Birla Money on Tuesday reported a sharp 61.97 per cent decline in its net profit for the second quarter (Q2) of FY26.
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GOLDMAN SACHS-RESULTS/ (UPDATE 2, PIX)UPDATE 2-Goldman Sachs profit jumps as bankers cash in on big deals
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Wealth management veteran Anand Rathi says inflows have doubled year-on-year as clients continue long-term investing despite market volatility. The fi...
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Mutual funds have increased their cash allocation by Rs 1,139 crore on monthly basis to Rs 1.99 lakh crore in September compared to Rs 1.98 lakh crore...
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