| ETBFSI Newsletter | Thursday, July 24, 2025 |
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Daily Newsletter
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Top Stories
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Before the RBI embargo on issuance of new credit cards was lifted, Kotak's credit card market share stood at 6 per cent. That has since declined to 4 ...
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With the company's focus shifting to high-margin, non-DLG disbursements, financial services revenue may grow at a steadier pace, though profitability...
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Total debit card transactions by both volume and value have witnessed a downfall in June 2025, on a year on year basis. While credit card transaction...
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Management expects net interest margins (NIMs) to expand from H2FY26, driven by improving loan yields and easing cost of funds.
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The housing finance company's gross NPA ratio improved for the seventh consecutive quarter to 1.06% in Q1FY26. Affordable segment GNPAs rose to 0.33%,...
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The microfinance lender is confident of achieving an 18% return on equity (RoE) in H2FY26, as slippages moderate and disbursement momentum remains str...
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Banking
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SBI and HDFC Bank continued to dominate the debit cards and credit cards market shares respectively, in June 2025. In terms of Year-on-Year growth, in...
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"This landmark equity issue is a vote of confidence in SBI's strong fundamentals, potential risk management and the customer centricity with the digit...
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Banks rushed to borrow from the RBI's VRR auction as overnight money market rates exceeded the policy repo rate. This spike, driven by GST outflows an...
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Yes Bank's succession plans will be clearer after SMBC's stake purchase. Prashant Kumar's tenure got a six-month extension. SMBC applied to RBI and CC...
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The bank's board has approved capital and debt fundraising proposals totalling Rs 30,000 crore, alongside key governance amendments and AGM scheduling...
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NUCFDC has partnered with IIA India to enhance governance and internal audit standards in Urban Cooperative Banks (UCBs). The alliance will help UCBs ...
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Insurance
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Angel One is set to invest â¹400 crore in a life insurance venture with Singapore's Livwell Holding, aiming to create a 'digital-first' insurer. Ange...
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Irdai introduced new guidelines for insurance companies. Insurers must appoint an internal ombudsman. This ombudsman will handle claim-related complai...
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NBFC
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NBFC player Laxmi India Finance Ltd on Wednesday fixed a price band of Rs 150-158 per share for its upcoming Rs 254-crore initial public offering (IPO...
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Tata Capital is preparing for its IPO. The IPO aims to raise about $2.2 billion. The launch is expected in early September. The valuation target is ar...
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Fintech
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PayPal is launching PayPal World, a platform to integrate global payment systems, including India's UPI. This collaboration with NPCI International wi...
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The Enforcement Directorate on Wednesday said it has registered a foreign exchange violation case against a Bengaluru-based company that offers credit...
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CreditAccess Grameen, a Non-Banking Financial Company for Micro Finance (NBFC-MFI), announced its unaudited and limited reviewed financial performance...
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Bengaluru-based fintech company Kreditbee has taken two crucial strides towards its Dalal Street debut, securing board approval to become a public com...
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Financial Services
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NBFC firm MAS Financial Services on Wednesday reported a 19 per cent increase in its net profit to Rs 84 crore in the first quarter ended June 2025.Th...
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