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Submission: On November 15 via api from CH — Scanned from DE
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ACCEPT THE UPDATED PRIVACY & COOKIE POLICY Dear user, ET BFSI privacy and cookie policy has been updated to align with the new data regulations in European Union. Please review and accept these changes below to continue using the website. You can see our privacy policy & our cookie policy. We use cookies to ensure the best experience for you on our website. If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET BFSI. * Analytics * Necessary * Newsletter NameProviderExpiryTypePurpose Google AnalyticsGoogle1 YearHTTPSTo track visitors to the site, their origin & behaviour.iBeat AnalyticsIbeat1 YearHTTPSTo track article's statisticsGrowthRx AnalyticsGrowthRx1 YearHTTPSTo track visitors to the site and their behaviour NameProviderExpiryTypePurpose optoutTimes Internet1 YearHTTPSStores the user's cookie consent state for the current domainPHPSESSIDTimes Internet1 dayHTTPSStores user's preferencesaccessCodeTimes Internet2.5 HoursHTTPSTo serve content relevant to a regionpfuuidTimes Internet1 YearHTTPSUniquely identify each userOSTIDTimes Internet1 YearHTTPSOauth secure tokenOSSOIDTimes Internet1 YearHTTPSOauth user identifierOSTPID Times Internet1 YearHTTPSused to sync accross portalsfpidTimes Internet1 YearHTTPSBrowser Fingerprinting to uniquely identify client browsers NamePurpose Daily NewsletterReceive daily list of important newsPromo MailersReceive information about events, industry, etc. I've read & accepted the terms and conditions NEWS SITES * Auto News * Retail News * Health News * Telecom News * Energy News * CIO News * Real Estate News * Brand Equity * CFO News * IT Security News * Government News * Hospitality News * HR News * Legal News * ET TravelWorld News * Infra News * B2B News * CIOSEA News * HRSEA News * HRME News Upcoming Event: CFO Meet & discussion on Revised Companies Act Sign in/Sign up * Follow us: * * * * * * * ETBFSI Exclusive * BANKING * INSURANCE * InsurTech * NBFC * FINTECH * Payments * Digital Lending * RegTech * Open API * BFSI Videos * Editor's View * Brand Solutions * ETBFSI AWARDS 2022 * GLOBAL INSURANCE BROKERS PVT. LTD * ETBFSI.COM CONVERGE Thriving in the world of digital * ETBFSI CXO CONCLAVE Connecting Financial Institutions Digitally * LAY THE GROUNDWORK TO ACCELERATE BANKING INNOVATION * ETBFSI FINNEXT SUMMIT The Future of NBFCs and FinTechs * SIDBI-ET MSMES/STARTUPS Roudtable Discussion * REIMAGINE NEXT * LEARNFEST * REIMAGINE NEXT - THE FUTURE OF LEARNING * ETBFSI.COM CONVERGE BFSI: The world of Hyper-personalization * ETBFSI EXCELLENCE AWARDS 2021 AWARDS FOR EXCELLENCE IN INNOVATION * FUTURE READY SECURITY FOR DIGITAL-FIRST BFSI * 3RD EDITION OF ETBFSI CXO CONCLAVE Unlocking the BFSI Potential * THE DIGITAL NEXT: SERIES 2.1 Live Virtual Summit * JOIN THE ECONOMIC TIMES FINANCIAL INCLUSION SUMMIT 2021 * 2ND EDITION OF ETBFSI VIRTUAL SUMMIT 2021 * ET BANKING LEADERSHIP SERIES PRESENTED BY MANIPAL ACADEMY * Millennial Finance * FinTech Diary * BFSI Tech Tales * Green Finance * IBC * ETBFSI Explains * BFSI Movement * More * Blogs * Innovation Masters * POLICY * FINANCIAL SERVICES x MORNING DAILY - 2022-11-15 {$$!!preHeaderText!!$$} Unsubscribe | Report this Email ETBFSI Newsletter | Tuesday, November 15, 2022 Daily Newsletter Top Stories 'Need for a changed attitude among MSMEs, supported by digital training': LivFin COO In an interaction, Pooja Sondhi shared the future course of MSME sector and how it overcome the pandemic. She also shared how the supply chain area ha.. Bumper credit growth fails to rub off on gold loans Mannapuram Finance and Muthoot Finance see growth muted, with assets under management declining or staying flat in the second quarter. Morgan Stanley sees Reserve Bank cutting rates in Q3 of next fiscal Foreign brokerage says repo rate may rise to 6.50 per cent by February 2023, and fall to 6 per cent in a shallow rate cut cycle in the last two quarte.. Banks turn cautious in corporate lending as credit growth hits record high Wary of higher NPAs like the ones ratcheted up in the last decade, banks are avoiding risky proposals from corporates with ratings of BB and below. Banking SBI, ICICI, IDFC, HDFC in RBI's list for digital currency pilot The Reserve Bank is deliberating on whether retail CBDC (also known as CBDC-R) should be interoperable with the current digital payments system or a n.. Bank of Baroda raises interest rates on FD by 100bps; Details here Apart from raising interest rates on fixed deposits under the Baroda Tiranga Plus Deposit scheme, BoB has also reduced home loan interest rates. Check.. Bank holidays November 2022: Banks to remain closed for 10 days in November, check the full list here Banks will be closed for up to 10 days in November, which includes the second and fourth Saturdays and Sundays, as the most of the holiday days have p.. Bank strike on November 19: Transactions worth Rs 10,000 crore to be affected in Gujarat Estimates indicate that bank transactions worth Rs 10,000 crore are expected to be impacted across Gujarat, as public sector banks across the state, e.. Insurance IRDA directive to shun brokers for gilt trades baffles insurers According to a new directive by IRDA that has sent all insurers into a tizzy, buying and selling of sovereign securities can only happen on the anonym.. LIC shares rally 9% after strong Q2 numbers Given the lower life insurance penetration in the country as well as the multiple competitive moats which LIC has at its command, brokerage firm ICICI.. NBFC Microfin industry needs $100 bn to promote green livelihood: Jayant Sinha Sinha also said one of the key challenges today is to create quality jobs for the millions who join the workforce every year, however, the aspirations.. HDFC to divest 3.21% stake in SAAS lending platform Lentra by Dec-end Post the divestment, HDFC's investment group will have 6.61% stake in the company. Currently they have almost 74000 equity shares in the company. Fintech Neobank Open gets RBI nod for payment aggregator license Following RBI's payment aggregator framework, over 185 businesses had applied for the license out of which only a few got the regulator's nod, Open be.. Govt seeks decision on crypto rule at G20 Government officials said that countries have different views, depending on what is in their interest. A country such as the US may not favour a ban a.. Financial Services FM Sitharaman reviews progress of National Monetisation Pipeline Finance Minister Nirmala Sitharaman on Monday reviewed the progress of the National Monetisation Pipeline (NMP) in a meeting here with top officials f.. Fusion MicroFinance set for D-St debut amid busy IPO season. Here's what GMP signals If signals from the unofficial markets are to be believed, the issue might disappoint the investors with a flat listing at the bourses as the premium .. JM Financial Q2 Results: Net profit rises 4.3% YoY to Rs 238 cr on drop in commission income Equity capital markets have been volatile due to geopolitical developments and increase in rates, said Vishal Kampani, non-executive vice chairm.. Policy RBI imposes Rs 12 lakh fine on six co-operative banks, three sahakari banks Berhampur Cooperative Urban Bank (Odisha) has been fined Rs 3.10 lakh; Osmanabad Janata Sahakari Bank, Osmanabad (Maharashtra) Rs 2.5 lakh; and Santra.. Supreme Court agrees to hear plea on Poll Bond Scheme Amendment A clutch of petitions, challenging nearly half a dozen provisions of the Finance Act, 2017 that brought in the electoral bonds for anonymous donations.. 'Drastic decline' in Oct inflation; impact of govt measures to be felt more significantly in coming months: FinMin The finance ministry on Monday said the "drastic decline" in October retail inflation is mainly due to a dip in food price inflation and the impact of.. Industry Retail inflation falls to 6.77 pc in October: Govt data The retail inflation, which the RBI factors in while deciding its periodic monetary policy, was 4.48 per cent in October 2021. DEA, MoHUA and World Bank organise a 5-day Cities Creditworthiness Academy Workshop New Delhi, Nov 14 (PTI) To create an enabling ecosystem for financing future cities of India, the ministries of finance and housing & urban affairs an.. Credit Suisse's Neelkanth Mishra urges caution, warns of high risk of accidents in global economy The likelihood of the PE multiple premium expansion and the PE multiples being meaningfully higher is quite low.. In our view, the 15-month long ti.. India needs to increase investment in urban infra by over 300% to meet requirement: World Bank report According to estimates, 600 million people will be living in cities in India, representing 40% of the population and this is set to put additional pre.. Follow Us on Copyright © 2022 ETBFSI, All rights reserved. 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