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We have updated our terms and conditions and privacy policy Click "Continue" to accept and continue with ET BFSI 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 * LAY THE GROUNDWORK TO ACCELERATE BANKING INNOVATION * ETBFSI CXO CONCLAVE Connecting Financial Institutions Digitally * ETBFSI FINNEXT SUMMIT The Future of NBFCs and FinTechs * REIMAGINE NEXT * SIDBI-ET MSMES/STARTUPS Roudtable Discussion * REIMAGINE NEXT - THE FUTURE OF LEARNING * ETBFSI.COM CONVERGE BFSI: The world of Hyper-personalization * FUTURE READY SECURITY FOR DIGITAL-FIRST BFSI * LEARNFEST * ETBFSI EXCELLENCE AWARDS 2021 AWARDS FOR EXCELLENCE IN INNOVATION * THE DIGITAL NEXT: SERIES 2.1 Live Virtual Summit * 3RD EDITION OF ETBFSI CXO CONCLAVE Unlocking the BFSI Potential * JOIN THE ECONOMIC TIMES FINANCIAL INCLUSION SUMMIT 2021 * 2ND EDITION OF ETBFSI VIRTUAL SUMMIT 2021 * ET BANKING LEADERSHIP SERIES PRESENTED BY MANIPAL ACADEMY * NATIONAL COOPERATIVE SUMMIT * FINANCIAL INCLUSION & PAYMENT SUMMIT * Millennial Finance * FinTech Diary * BFSI Tech Tales * Green Finance * IBC * ETBFSI Explains * BFSI Movement * More * Blogs * Innovation Masters * POLICY * FINANCIAL SERVICES x MORNING DAILY - 2022-07-26 {$$!!preHeaderText!!$$} Unsubscribe | Report this Email ETBFSI Newsletter | Tuesday, July 26, 2022 Daily Newsletter Top Stories Open Banking to open finance, make fraud prevention intelligent: Experts According to a report by Finextra the international emergence and diffusion of new data sharing models, supported by innovations such as decentralised.. Will the card system hold after RBI's Sept 30 tokenisation deadline ends? A marginal rise in technical and business declines after the RBI implemented its mandate on recurring payment last October shows that the system may b.. UPI-credit card linkage likely to be operational in two months Dilip Asbe, MD & CEO NPCI, said that Rupay Credit card - UPI linkage would likely be operational in a couple of months, and that he is in talks with b.. Banking Yes Bank-DHFL scam: CBI files charge sheet against builder Avinash Bhosale The agency has also named Satyan Gopaldas Tandon, Metropolis Hotels LLP, ABIL Infraprojects Pvt Ltd, ABIL Hospitality Pvt Ltd, Arindam Developers, Avi.. Bank fraud declines to Rs 3,785 crore in FY22: Union minister Bhagwat Karad In reply to another question, Karad said the Government, in view of the unprecedented and extreme COVID-19 situation, provided ex-gratia relief to eli.. Axis Bank Q1 PAT up 91% YoY, may get CCI approval for Citi buy in 6-8 weeks Axis Bank today announced its Q1 results or the financial year. The bank's net profit reached Rs 4125 crore, which is a 91% increase year on year. Th.. Canara Bank Q1 result: PAT up 71.8% YoY, total advances rise 14.5% above industry avg Canara Bank's total advances was higher than 10-11 percent average industry level credit growth witnessed recently. It stood at Rs 7.83 lakh crore, u.. Bandhan Bank diversifying both geographically and into non-micro credit: Chandra Shekhar Ghosh Other than housing loans, there is a retail business which also has given 61% year on year growth and SME has given 81% year on year growth. These .. Insurance Flood-hit farmland area goes up, insurance cover remains low The estimated crop area affected by floods in eastern Vidarbha stands at 2.04 lakh hectares. The area has increased by 69,000 hectares two days after .. City Union Bank partners with Aditya Birla Health Insurance, Royal Sundaram General Insurance On the other hand, Royal Sundaram General Insurance Co Limited has also entered into a bancassurance partnership with CUB on Monday. This arrangement .. More companies giving parents health insurance. Avg sum insured in group covers hiked to Rs 5 lakh per family According to Plum, an employee health insurance platform, 30% of its corporate clients have parental covers as part of their GHI policies. Most of the.. NBFC HDFC to raise up to Rs 11,000 crore by issuing bonds this month Mortgage lender Housing Development Finance Corporation (HDFC) plans to raise up to Rs 11,000 crore by issuing bonds on a private placement basis. Micro finance institutions' securitisation volume more than doubles to Rs 3,500 crore in Q1: Report Mumbai, Jul 26 (PTI) Securitisation volume originated by Micro Finance Institutions (MFIs) stood at about Rs 3,500 crore in the first quarter of fisca.. Fintech Demand for 'Metaverse' skilled people on the rise There were an estimated 55,000 job openings related to the metaverse ecosystem at the beginning of this month in India, according to specialist staffi.. Innoviti gets RBI nod for payment aggregator licence Founded in 2002, Innoviti provides technology-led payment solutions and point-of-sale terminals for businesses, and offline merchants. It also helps e.. Uber brings mobility fintech Moove to India to boost driver ecosystem Founded in 2020, mobility fintech Moove embeds its alternative credit scoring technology onto ride-hailing platforms and leverages proprietary perform.. Financial Services PM Narendra Modi to launch India International Bullion Exchange at GIFT IFSC this week After a year and a half of its scheduled launch, the India International Bullion Exchange (IIBX) is all set to be inaugurated this week on Friday by P.. Emkay Global Financial Services, Abira Securities approach Sebi for MF licence Emkay Global Financial Services and brokerage house Abira Securities have become the latest entities to approach capital markets regulator Sebi for a .. RBI 'correct' to use forex reserves to tackle rupee volatility: economic adviser "I think that the RBI is correct to use the FX reserves to smooth movement in the INR/USD... There is no point targeting a INR/USD level when USD is a.. Policy Fed's united front on interest rates may soon be tested The Fed is expected to raise its benchmark overnight interest rate by three-quarters of a percentage point to a target range of 2.25% to 2.50% at the .. RBI may be back to spot intervention in defense of rupee In the April-May period, when the RBI ramped up forwards intervention, annualized one-year dollar-rupee forward premium slid. That caused importers to.. Companies face delays in transferring money abroad Rupee has lost 6.77% to the greenback this year, ranking seventh among Asian currencies. But the rupee has fared much better against other major curre.. Industry Debt raised by state PSUs to be considered borrowing by state: FM Sitharaman New Delhi, Jul 25 (PTI) Finance Minister Nirmala Sitharaman on Monday said the borrowing by state public sector undertakings or their special purpose .. India has zero probability of slipping into recession, says survey The probability of recession for several other Asian economies remained unchanged in the survey. Economists see a 20% chance that China will enter rec.. China vows privacy, information protection in using digital yuan Limited anonymity is a key feature of the digital yuan, Mu Changchun, director-general of the central bank's Digital Currency Research Institute said,.. A recession in the United States will also come to India's tech hub Look closer at the financial results of IT firms, and you'll see signs of stagflation in plummeting profitability. Infosys managed to boost rupee ear.. Follow Us on Copyright © 2022 ETBFSI, All rights reserved. You are receiving this email because you signed up at etbfsi.com Our mailing address is: ETBFSI.com (Times Center), FC - 6, Sector 16 A, Film City, Noida - 201301 Uttar Pradesh, India Add newsletter@etbfsi.com to your address book | Our archives are at ETBFSI Unsubscribe from this list Unsubscribe | Report this Email SUBSCRIBE TO OUR NEWSLETTER 50000+ Industry Leaders read it everyday I have read Privacy Policy and Terms & Conditions and agree to receive newsletters and other communications on this email ID. * Category * Daily ET Newsletter * Evening Edition * ETBFSI Digest VIEW OUR NEWSLETTERS * View latest newsletters * July 26, 2022 : Will the card system hold after RBI's tokenisation deadline | Open Banking to make fraud prevention intelligent | UPI-credit card linkage in 2 months * July 25, 2022 : Dancing to the dollar tune | Asaam flood reports hundreds of Insurance claims | Banks seek bigger HTM play as bond yields spike * July 24, 2022 : Sunday Morning Roundup: Most Read Stories of Last Week (in case you missed) * July 23, 2022 : The doyenne arrives * July 22, 2022 : Indian Bank's loan growth will be better than last year : Shanti Lal Jain | Instant payments, 'Request To Pay' to revolutionise digital payments * July 21, 2022 : Explosion of MSME financing on power of data to be seen : U GRO Capital | FinTech investments drop 33%, but there's a silver lining * July 20, 2022 : There is a disconnect between everyday finance and green finance : Chief Sustainability Officer, MAS | FinTech startups account for 10% layoffs * July 19, 2022 : India's inward remittances resilient, gulf countries' dip : RBI research paper | Global startup funding drops 23%; significant fall in new unicorns * July 18, 2022 : Credit growth picking up across all sectors : Shanti Lal Jain | How increased FDI in Insurance sector can benefit cos and stakeholders * July 17, 2022 : Sunday Morning Roundup: Most Read Stories of Last Week (in case you missed) * View previous newsletters * Industry News * 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 * CONTACT US ADVERTISE WITH US We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Please contact us to know more details. * SIGN UP FOR ETBFSI NEWSLETTER Get ETBFSI's top stories every morning in your email inbox. 50000+ Industry Leaders read it everyday I have read Privacy Policy and Terms & Conditions and agree to receive newsletters and other communications on this email ID. * FOLLOW US @ETBFSI Follow @ETBFSI for the latest news, insider access to events and more. * * * * * * About Us * Contact Us * Advertise with us * Newsletter * RSS Feeds * Embed ETBFSI.com Widgets on your Website * Privacy Policy * Terms & Conditions * Guest-Post Guidelines * Sitemap Copyright © 2022 ETBFSI.com. 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