Budget 2024: BofA predicts boost to capex, modest populism, intact deficit target A report by Bank of America stated that it expects a boost to capex, allocations towards populism to boost consumption and no changes in the FY25 fiscal deficit. Story by Anushka Sengupta #Budget2024 #FY25 #FiscalCredit #BoFA https://lnkd.in/giQ9H8Fi
ETBFSI
Online Audio and Video Media
Mumbai, Maharashtra 38,855 followers
Latest coverage on banking, financial services and insurance sectors.
About us
ETBFSI.com, an initiative of The Economic Times, is a news portal envisioned to offer the latest news, in-depth analysis, relevant information, data, tools, events and services to decision makers, influencers and a niche section of readers interested in the BFSI sector and cutting edge technology, especially in FinTech. Its key focus areas include PSU & Private Banks, Foreign Banks, Commercial Banks, Regional Rural Banks, Non-Banking Financial Services, Investment Houses, Mutual Funds, General Insurance Firms, Life Insurance Firms, and FinTech Companies
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http://www.etbfsi.com/
External link for ETBFSI
- Industry
- Online Audio and Video Media
- Company size
- 201-500 employees
- Headquarters
- Mumbai, Maharashtra
- Type
- Privately Held
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Primary
Mumbai, Maharashtra 400013, IN
Updates
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India's GDP growth may moderate to 6.8% this fiscal; expect two RBI rate cuts, says CRISIL High interest rates and lower fiscal impulse from reduction in fiscal deficit will temper growth in FY25, the rating agency said. #GDP #RBI #RateCut #FY25 https://lnkd.in/gVsRPV9N
India's GDP growth may moderate to 6.8% this fiscal; expect two RBI rate cuts, says CRISIL - ET BFSI
bfsi.economictimes.indiatimes.com
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#RBI purchases over 40 tonnes of gold over past five years Recent data shows the Reserve Bank of India's varying gold purchases over the years. A notable increase in 2024 follows a decline in 2023. Factors like economic and geopolitical conditions influence the central bank's reserve management. Story by Vikas Kumar #GoldPurchase #CentralBankReserves #EconomicConditions #GoldMarket #FinancialNews #RBIGoldReserves Read more at: https://lnkd.in/g2gjbiEp
RBI purchases over 40 tonnes of gold over past five years - ET BFSI
bfsi.economictimes.indiatimes.com
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Investments in Q2 CY24 surged, debt deals witness uptick: Report Breaking the slump from last two quarters of #CY24, investments have witnessed a surge in the second quarter of CY24 with debt deals recording an uptick as well. There has also been an overall increase in deal numbers and the average deal sizes, according to a report by 1Lattice. Story by Anushka Sengupta #Q2CY24 #FinancialReport #MarketUpdate #EconomicAnalysis #MarketTrends https://lnkd.in/g4D-tFeM
Investments in Q2 CY24 surged, debt deals witness uptick: Report - ET BFSI
bfsi.economictimes.indiatimes.com
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Major private insurers raise term policy rates by 4-7% This adjustment comes in response to the moderation in bond yields, inflation concerns, and changes in reinsurance rates, according to reports. #TermInsurance #Reinsurance #PrivateInsurers #BondYields #InflationConcerns #RiskManagement https://lnkd.in/gruW_wmm
Major private insurers raise term policy rates by 4-7% - ET BFSI
bfsi.economictimes.indiatimes.com
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MF exposure to NBFCs' commercial paper hits pre-pandemic levels This marks an increase of 22.0% y-o-y and 0.5% sequentially, with CPs consistently remaining above the one lakh crore mark for six consecutive months, standing at Rs 1.15 lakh crore, a level last witnessed in May 2019. #CommercialPaper #NBFC #InvestmentTrends #FinancialServices #MarketUpdate #MarketUpdate https://lnkd.in/gGGfVBpe
MF exposure to NBFCs’ commercial paper hits pre-pandemic levels - ET BFSI
bfsi.economictimes.indiatimes.com
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With the Union Budget set to be unveiled on July 23, 2024, anticipation is building, ETBFSI is thrilled to announce our Live Panel Discussion on Budget Day! Join us for an in-depth analysis of the Union Budget 2024 featuring insights from industry leaders, including a banker, an economist, an insurance expert, and an NBFC leader. Date: July 23, 2024 Time: 03:30 PM - 04:30 PM Streaming live on all ETBFSI social media platforms. Don't miss out as the experts break down the budget that will shape our economy for the upcoming year and beyond. Stay tuned for the panel reveal! #UnionBudget2024 #Budget2024 #Policy #Economy #GDP #Inflation #Unemployment #FiscalDeficit #FinanceMinister #ETBFSI
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Future Generali India Life Insurance appoints MANISH P. as Chief Compliance Officer Manish Pahwa brings over 20 years of experience in managing corporate secretarial, legal, and compliance functions within the financial services industry. He has held key positions at One97 Communications, Navi General Insurance, and Future Generali India Insurance. #FutureGenerali #InsuranceIndustry #ComplianceOfficer #FinancialServices #InsuranceSector #LifeInsurance https://lnkd.in/gK2Eb35r
Future Generali India Life Insurance appoints Manish Pahwa as Chief Compliance Officer - ET BFSI
bfsi.economictimes.indiatimes.com
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Banks and MFs increase debt exposure to NBFCs amidst market growth Mutual funds' debt exposure to NBFCs surpassed 72 lakh crore in May 2024, showing a 22% year-on-year increase. Banks' credit exposure also grew to 715.68 lakh crore, marking a 16% rise. This robust support highlights the ongoing growth and resilience of #NBFCs in the financial market. Story by Sheersh Kapoor CareEdge Group #NBFCs #DebtExposure #FinancialMarket #MutualFunds #Banks #FinancialSector https://lnkd.in/gtH-NXfi
Banks and MFs increase debt exposure to NBFCs amidst market growth - ET BFSI
bfsi.economictimes.indiatimes.com