🗎 RBI / MoF / Govt. Policies

📝  France may adopt UPI, announcement likely during PM Modi's visit
📝  RBI Floating Rate Savings Bond offers 8.05% interest now, higher than big banks' FDs; who should invest?
📝  RBI’s dependence on forex intervention gain needs a closer look
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🏦 PSB / Pvt Banks

📝  HDFC Bank onboards 1 lakh customers and 1.7 lakh merchants on CBDC platform
📝  Federal Bank Q1 Results: Net profit rises 42% YoY to Rs 854 crore; NII up 20%
📝  HDFC Bank enables CBDC-compatible UPI QR code for seamless payments
📝  Hero Electric partners with IDFC FIRST bank to offer financing options
📝  Bandhan Bank Q1 Preview: PAT seen falling up to 14% in a soft quarter
📝  Bank of Baroda rolls out MSSC scheme for women
📝  HDFC Bank’s shares end at Rs 1,641.3 apiece on first day of trading post-merger
📝  State Bank of India raises Rs 3,101 crore through AT1 bond at 8.1%
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🏦 Foreign Banks / FIIs / I-Banks

📝  Barclays India head to join Centrum Group as the head of its wealth management
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🏠 Housing Finance

📝  Housing.com partners with FinBox to offer instant loans up to Rs 10 lakh
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🏦 Development Banks

📝  Panel proposes $100bn new equity for MDBs
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💳 ATMs / Credit Cards

📝  Credit card non-performing assets rise 0.66% to 2.94% as of March 2023
📝  Reward points and freebies push credit card spends to record levels
📝  In a first, credit card spend crosses Rs 1.4 trillion-mark in May: RBI data
📝  Card default rises as retail credit grows
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🗎 NBFCs / FIs / MFI

📝  Ola Electric partners with Shriram City Union Finance for financing solutions
📝  TruCap Finance disburses Rs 261 crore in June quarter
📝  NBFCs presenting attractive risk reward space to play in: Manish Gunwani
📝  Unsecured loans jump 47% in two years till March led by small-ticket lending
📝  Five-star Business Finance eyes 35% AUM growth for next three years
📝  Federal Bank arm Fedfina reconsidering capital raising options, says CEO Srinivasan
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UPIs / Wallet / FinTech

📝  New Google Pay feature allows users to pay without UPI PIN for small transactions
📝  Google Pay introduces UPI LITE
📝  UPI comes to France. Soon, spend in rupee at Eiffel Tower
📝  Gurugram-based fintech startup Onestack raises $2 million in Pre-Series A funding
📝  Paytm signs MoU with Goa for electricity, water, municipal tax payments
📝  Razorpay launches operations in Malaysia market with payment gateway
📝  PayU, AWS India, Chiratae Ventures collaborate to launch fintech program
📝  Zomato temporarily suspends new user onboarding on UPI payments app
📝  Amazon Pay aims to be at the top in payment aggregator space, says Vikas Bansal
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Crypto

📝  Bitcoin falls below $30,400; Cardano, BNB shed over 2%
📝  How Japan’s regulatory moves in Web3 can be an example for nations globally
📝  Bitgets’ proof-of-reserves reaches about $1.44 billion
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🗠 Mutual Funds / AMCs

📝  Navi Mutual Fund launches Navi Overnight Fund
📝  Value, contra funds offer 8.91% in first half of 2023; Axis Value Fund offers 14.04%
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🗎 Govt. Securities / Bonds

📝  Hopes of Fed hike pause fuel gains in g-secs and rupee
📝  SBI raises Rs 3,101 cr via AT-1 bonds at coupon of 8.10%
📝  Govt may raise up to Rs 22k crore through green bonds in FY24
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✈ International

📝  G20 finance chiefs set to discuss reforms to development banks, crypto, debt
📝  Australia central bank appoints first female head Michele Bullock for next seven years
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