| ETBFSI Newsletter | Saturday, February 22, 2025 |
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Daily Newsletter
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Top Stories
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The total cost of projects sanctioned by banks and financial institutions during October-December 2024 stood at Rs 97,996 crore, slightly higher than ...
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LIC's continued focus on profitable market share expansion, investment yield maximisation, and blockbuster product launches could provide further tail...
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Gold loans by banks rose 71% year-on-year to Rs 1.72 lakh crore as of December 27, 2024, according to Reserve Bank of India data.
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A personal loan balance transfer allows borrowers to shift their existing loan from one bank or lender to another, typically for lower interest rates,...
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Banking
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Against the outstanding amount of Rs 226.84 crore, the bank has made provisions of Rs 212.62 crore in case of Gupta Power Infrastructure Ltd, it said.
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India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-pr...
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IDBI Bank named R. Doraiswamy as LIC Nominee Director on its Board for a three-year term, effective May 19, 2025. Succeeding Raj Kumar, he brings over...
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According to Vikas Srivastava, ONGC Chair Professor, IIM Lucknow, despite global initiatives to create uniform frameworks for green lending, there are...
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Insurance
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The plan, now in discussion amongst insurers and which would need approval from the insurance regulator, follows record-breaking air pollution in New ...
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"We have received communication(s) from an anonymous sender. The Threat Actor via email, claims to have the customer data of Niva Bupa," the company s...
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The rapid adoption of EVs in India aligns with a global shift towards sustainable practices. This transformation not only impacts the automotive...
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The idea of reading through long, jargon-filled documents and dealing with complex processes can be confusing. This is where technology is stepp...
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Fintech
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NPCI has issued a warning about the call merging scam that exploits phone call merging to steal OTPs for financial fraud. Scammers manipulate victims ...
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Financial Services
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INDIA-CENBANK/LIQUIDITY (PIX)India's RBI must infuse 1 trillion rupees by March-end to ease bank liquidity gap, analysts say
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As of February 14, 2025, India's foreign exchange reserves declined by $2.5 billion, reaching $635.72 billion, according to Reserve Bank of India data...
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Cyberattack vulnerability in Asia-Pacific's financial sector is double the global average due to inadequate cybersecurity investments. With the introd...
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Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 106.41.
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Policy
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According to sources, the meeting would also discuss and review the progress of various financial inclusion schemes including PM SVANidhi Schemes.
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Rao said RBI is working with other financial sector regulators to educate customers, and added that it is the absence of financial literacy due to whi...
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Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving ...
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Indian banks are experiencing pressure on their net interest margins due to the RBI's recent rate cut and expectations of further reductions. Strong l...
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Industry
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Prime Minister Narendra Modi will release the 19th installment of the PM-KISAN scheme, transferring Rs 22,000 crore to 9.8 crore farmers' bank account...
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