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Submission: On July 03 via api from IN — Scanned from DE
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BY CHOOSING I ACCEPT, OR BY CONTINUING BEING ON THE WEBSITE, YOU CONSENT TO OUR USE OF COOKIES AND TERMS & CONDITIONS. * Analytics and Performance Cookies * Targeted and Advertising Cookies Login Get App * * News * Banking * Fintech * Insurance * Fin Services * NBFC * Policy View all News * Exclusives * Leaders Speak * Events * Awards * Webinars * More Newsletters MasterClasses About Us Contact Us Advertise With Us Search ETBFSI Research Editor's View ETBFSI Explains FinTech Diary BFSI Videos Blogs Millennial Finance BFSI Tech Tales More InternationalBFSI Movement * More CXO CONCLAVE 2023 A DAY-LONG EVENT FOCUSSING ON VARIOUS LAYERS OF DIGITAL INCLUSION. STRATEGIC FINANCIAL LEADERSHIP MASTERCLASS STRATEGIC FINANCIAL LEADERSHIP MASTERCLASS MORNING DAILY - 2023-07-03 MORNING DAILY 2023-07-03 {$$!!preHeaderText!!$$} Unsubscribe | Report this Email ETBFSI Newsletter | Monday, July 3, 2023 Daily Newsletter Top Stories Triangulation of regulatory intervention, overfunding & governance result in startup failures: Investors Why is there a funding crunch? Are investors more cautious now? Why are big startups of India failing? What's the market sentiment now? ETBFSI talks t... Green Credit Programme: Who will be benefitted, what activities it comprises? At the Annual Budget, Nirmala Sitharaman had announced to launch the Green Credit Programme encouraging behavioural change by incentivizing environmen... Working capital, medical emergencies drive P2P lending; Mumbai tops in number of lenders Millennials belonging to the age group of 21-30 years were the most active borrowers (48%) and the age group of 31-40 years investors (36%) on the Len... Banking SBI launches 34 transaction banking hubs The initiative was launched by the bank's chairman Dinesh Khara, and 2,000 current accounts were onboarded under revamped current account variants, it... RBI slaps Rs 65 lakh penalty on bank for hacking breach Reserve Bank of India (RBI) has imposed 65 lakh penalty on AP Mahesh Cooperative Urban Bank (APMCUB) for non-compliance of the Cyber Security Framewor... Nirmala Sitharaman lauds PSBs, says profit almost tripled to Rs 1.04 lakh crore in FY23 Union finance minister Nirmala Sitharaman on Saturday lauded public sector banks and said their net profit has almost tripled to Rs 1.04 lakh crore in... HDFC merger gives bank a runway to double every four years: CEO Jagdishan Saturday was the first day that the merger was effective, after boards HDFC and the bank approved merger after all regulatory approvals. As a resul... SBI offers cardless cash facility for all bank users Customers can now withdraw cash seamlessly from ICCW-enabled ATMs of any bank by using the 'UPI QR Cash' functionality. The transaction will be facili... Bank of Baroda plans to divest up to 49 pc in credit card arm BOB intends to offload up to 49 per cent in a combination of primary and secondary capital from one or multiple investors to create more value in BOB ... Insurance General insurers face tough choice on pushing growth and sustaining margins In the fiscal year 2023, the combined ratio - an indicator of profitability, which is calculated by measuring the sum of incurred losses and operating... Fintech VCs keep purse strings tight despite raising more capital Prominent investors focused on India, which have typically backed portfolios in growth and late-stage rounds, have moved downstream towards funding ea... Financial Services Housing loans' share in total advances rose, says RBI report Residential housing loans' share on total advances rose to 14.2 per cent in March 2023 from 8.6 per cent in March 2012, according to RBI's financial s... Policy Twin balance sheet advantage, says FM Nirmala Sitharaman The twin balance sheet problem refers to heavily indebted corporates dragging down banks into non-performing assets (NPAs) and losses. The 4R strategy... HC likely to pass order on Monday on PIL against withdrawal of Rs 2,000 banknotes The Delhi High Court is likely to pronounce on Monday its order on a public interest litigation (PIL) challenging the RBI's decision to withdraw Rs 2,... Industry Debadatta Chand appointed managing director & chief executive officer of Bank of Baroda Prior to his appointment as MD & CEO, Chand served as the executive director at Bank of Baroda since March 2021. In his role as executive director, he... June GST revenues up 12%, cross Rs 1.6 lakh crore for fourth time Finance minister Nirmala Sitharaman on Saturday said GST implementation has brought relief to the common citizens and helped raise revenues of the Cen... India's growth to slow down in H2: Jahangir Aziz, JP Morgan India's growth is expected to slow down in the second half of the year, in line with the deceleration of the global economy. However, this slowdown is... Follow Us on Copyright © 2023 ETBFSI, All rights reserved. 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