🗎 RBI / MoF / Govt. Policies

📝  RBI imposes Rs 2.2-crore penalty on Indian Overseas Bank
📝  RBI proposes norms on cyber resilience, digital payment security controls for PSOs
📝  RBI issues draft cybersecurity norms for payment system operators
📝  RBI-MPC may not change interest rates: Experts
📝  Mismatch fear. To be in funds, banks hold back at the VRRR auction
📝  RBI releases draft master directions on cyber security for PSOs
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🏦 PSB / Pvt Banks

📝  RBL Bank launches new fixed deposit scheme; offers up to 8.5% FD interest rate
📝  ICICI Bank commits Rs 1200 crore to Tata Memorial Centre for cancer care
📝  IL&FS probe: CBI registers a corruption case, pegs the loss caused to 19 banks at Rs.6524 crores
📝  Ujjivan Small Finance Bank revises FD interest rates; earn 8.25% interest rate on this FD tenure
📝  IOB-led lenders group puts Sion Panvel Tollways' ₹862-cr bad loan on sale
📝  4 stocks Mayuresh Joshi is bullish on from BFSI sector
📝  PNB, Axis Bank cut FD interest rates: Is this the end of rising fixed deposit rates?
📝  DCB Bank forms committee, begins search for successor to CEO Natarajan
📝  ICICI Bank and Punjab National Bank revise MCLR rates, impacting loan EMIs
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🏦 Foreign Banks / FIIs / I-Banks

📝  Goldman Sachs sees RBI pausing again in June 8 review
📝  Deutsche Bank - Akshay Patra nine-year partnership completes seven crore mid-day meals
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🏠 Housing Finance

📝  We cannot entirely rule out 25 bps rate hike, says Manoj Viswanathan of HomeFirst Finance
📝  We will be able to grow book by about 17-18% in next 2 years: Girish Kousgi, PNB Housing
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🏦 Development Banks

📝  ‘Multilateral Development Banks need to step up lending by 2-3 times’
📝  Infra bank Nabfid to lend ₹4L cr
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💳 ATMs / Credit Cards

📝  Karbon Card, a B2B payment solution provider, has launched the country's first mobile-based expense management card.
📝  Kotak Mahindra Bank Debit Card services will be unavailable on these days
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🔍 Rating / Research

📝  NBFC-MFIs’ AUM to grow 25-30 per cent in FY24, credit profile to strengthen: Crisil
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🗎 NBFCs / FIs / MFI

📝  AUM of NBFC-MFIs expected to grow 25-30% this fiscal: CRISIL
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UPIs / Wallet / FinTech

📝  In a first, 900 crore UPI monthly payments
📝  Fintech Stripe debuts charge card program in US; soon to launch in UK, EU
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🗠 Bourses

📝  BSE, NSE remove Adani Enterprises from short-term ASM framework
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Crypto

📝  Bitcoin above $27,000; Litecoin, Tron rise over 2%
📝  Distrust in the US banks expected to boost Ethereum staking
📝  Despite regulatory issues Coinbase prepares for future crypto-based contracts
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🗠 Mutual Funds / AMCs

📝  Short-term view in equities, equity mutual funds could be a recipe for disaster
📝  Use current consolidation to accumulate gold: Quantum Mutual Fund
📝  Investors with a five-year horizon can expect decent returns from small caps: Sahil Shah of Edelweiss MF
📝  Sebi proposal to cap MF fees to impact fund houses’ profit: Wood
📝  UTI, SBI MFs take lead in small town footprint
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🗎 Equities, Pvt. Equity / Hedge Funds

📝  360 One Asset raises Rs 2,130 crore for latest private credit fund
📝  FIIs extend selling in Indian equities, outflow of ₹659 crore on 2 June; DIIs stay as net buyers
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🗎 Govt. Securities / Bonds

📝  DICGC likely made large purchases at debt auction
📝  Price of 10-year benchmark G-Sec ends unchanged
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✈ International

📝  Fed seen sticking with rate pause as wages show some cooling
📝  Crypto insurer Evertas authorized to offer largest single crypto insurance policy
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