🗎 RBI / MoF / Govt. Policies

📝  RBI’s MPC will continue to be in pause mode in June meeting: SBI report
📝  ESMA tones down CCIL stand in draft to RBI
📝  RBI tells banks to complete transition from LIBOR by July
📝  Confident that growth will be close to 6.5 per cent in FY24: RBI Governor
📝  RBI imposes Rs 2.92 crore penalty on Canara Bank, here's why
📝  India’s forex reserves rose to $595.976bn during week ending May 5: RBI
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🏦 PSB / Pvt Banks

📝  Banks should have stronger overview on NBFC borrowers' lending practices: SBI MD
📝  ‘Expect NIM to fall to 9% this fiscal’: Ittira Davis, MD & CEO, Ujjivan Small Finance Bank
📝  Just 1.6% realised in insolvency cases against loan guarantors
📝  Deal talks. Kotak vs Watsa: The battle for acquiring IDBI Bank intensifies
📝  ‘More work needed’. Judicial system needs to be consistent with bankruptcy law: Uday Kotak
📝  Canara Bank slashes home, vehicle loan interest
📝  Banks, ARCs spar over key document, indemnity clause
📝  DCB Bank revises interest rates on savings accounts and fixed deposits (FDs), now earn as high as 8%
📝  Ujjivan Small Finance Bank to add 100 branches with foray in Andhra Pradesh
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🏦 Co-operative Banks / RRBs

📝  Permission sought. Urban co-op banks want RBI to permit them to undertake one-time settlement of bad loans
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🏠 Housing Finance

📝  NHB asks large housing finance companies to adopt early warning signals framework
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💳 ATMs / Credit Cards

📝  NPCI plans more tie-ups to strengthen global acceptability of RuPay debit cards
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🔍 Rating / Research

📝  April inflation validates RBI's repo rate pause move: SBI Research
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🗎 NBFCs / FIs / MFI

📝  Creditors’ recovery via IBC surges to 36% of admitted claims in FY23
📝  Asset reconstruction companies seek easier settlement guidelines for small loans
📝  Manappuram posts 58% jump in Q4FY23 profit on healthy gold loan, micro-finance businesses
📝  Northern Arc Capital posts consolidated net profit of ₹242 crore in FY23
📝  IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of Rs 2,000 crore
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UPIs / Wallet / FinTech

📝  Credit cards on UPI will be viable: SBI Card CEO
📝  MobiKwik launches #SaveLikeAMom campaign for Mother’s Day
📝  MPOWER Financing closed a $150 million debt funding from Goldman Sachs
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🧔 Brokers / Distributors

📝  Ratan Tata-backed Upstox breaks even in FY23, aims for 10 times growth in user base
📝  Three top brokers face multiple probes including for money laundering, fraudulent trades
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Crypto

📝  Jump Trading accused of making $1.3 billion profit from Terra crypto
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🗠 Mutual Funds / AMCs

📝  Mutual funds' NFO collection drops 42% to Rs 62,342 crore in FY23
📝  Why investors need to understand the sources of active performance of mutual funds
📝  New SEBI rule from June 15 for mutual fund investment in the name of children; check details
📝  Mutual Funds' SIP assets hit new peak
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  ‘60% of our investors are repeat investors’ CEO of ASK Property Fund
📝  Julius Baer India plans to launch AIFs
📝  Six-month high. FPIs invest ₹23,152-crore in Indian equities in May so far
📝  Bullish on India, didn’t invest in Adani due to debt: Mobius
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✈ International

📝  Hedge fund trade with a history of blowups is back again
📝  Safe banking is largely illusory so we must pursue it with care
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