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IndusInd Bank denies reports on early exit of CEO and Deputy CEO IndusInd Bank has refuted media reports predicting an early exit for its CEO and Deputy CEO amid concerns over accounting discrepancies in its derivatives portfolio. The bank’s official statement called the claims “factually incorrect” and “entirely inaccurate.” #IndusIndBank #Leadership #BankingNews #CorporateGovernance #FinancialSector #OfficialStatement #FactCheck #MarketStability #BankingIntegrity #BusinessUpdates https://lnkd.in/gfUSeNgp

Credit card spending growth in India slows down amid rising balances Despite the slowdown, the aggregate outstanding balance has surged to Rs 2.9 lakh crore, indicating rising consumer borrowing and higher transaction volumes. #CreditCard #Spending #ConsumerBorrowing #FinancialTrends #Economy #BankingSector #Credit #RisingBalances #PaymentTrends #Finance #Debt https://lnkd.in/g6RqNthJ

We have failed in pulling women into the workforce! What can we do right to achieve $5 trn economy? Increasing female labor force participation has proven to be a game-changer for economic growth in several countries. Nations that have successfully integrated more women into the workforce have seen higher productivity, improved household incomes, and overall economic expansion. Blog by Akshay Mehrotra | Fibe.India (Formerly EarlySalary) #Workforce #Labour #FemaleWorkforce #FLFPR #WageGap #FianancialInclusion #FemaleParticipation #BFSI #Economy https://lnkd.in/g3jr5W6J

Indians lose Rs 4,245 crore in 24 lakh digital fraud cases in first 10 months of FY25 In FY24, financial frauds amounted to Rs 4,403 crore across 28 lakh cases, highlighting the persistent rise in digital fraud despite preventive measures. #Fraud #BankingFraud #DigitalFraud #Cybersecurity #financialfrauds #Fianance #News #BFSI https://lnkd.in/gzXzQm6f

Paytm likely to achieve EBITDA breakeven by FY27 on merchant focus and loan expansion GMV is projected to grow at a 24% CAGR between FY25-27, aided by continued merchant acquisition and growth in subscription revenue. #CAGR #BreakEven #Fintech #IndiaFintech #MerchantAcquisition #Subscription #Growth #EBITDA #Loan #Paytm https://lnkd.in/gsHzR2NB

RBI injects Rs 15.5 lakh crore to ease banking liquidity crunch The central bank's measures have helped moderate the liquidity deficit, with the average daily net injection under the liquidity adjustment facility reducing to Rs 1.41 lakh crore between February 16 and March 13, 2025, from Rs 1.92 lakh crore during January 16 to February 15, 2025. #RBI #Liquidity #Economy #Banking #LiquidityCrunch #CentralBank #deficit #BFSI https://lnkd.in/g8ZMNuVz

From stress to stability: Ten reasons Indian NBFCs could see a revival in coming quarters Non-Banking Financial Companies are poised for a steady recovery, supported by easing liquidity, regulatory relief, and improving macroeconomic conditions, according to brokerages. #NBFC #Liquidity #macroeconomicconditions #RegulatoryRelief #IndianNBFCS #BFSI #Finance #FinancialServices https://lnkd.in/gDxrxr-z

IndusInd Bank to appoint independent firm to probe derivative portfolio discrepancies IndusInd Bank has announced plans to appoint an independent firm to investigate discrepancies in its derivative portfolio. The issue, which arose after the implementation of new RBI guidelines, has impacted the bank’s net worth and market capitalisation. #Indusindbank #MarketCap #RBI #Appointment #Portfolio #Banks #Banking #finance #BFSI https://lnkd.in/gmmrc_fR

Bajaj Finance elevates Rajeev Jain to Vice Chairman, Anup Kumar Saha appointed as MD Bajaj Finance has announced key leadership changes, elevating Rajeev Jain to Vice Chairman and appointing Anup Kumar Saha as Managing Director, effective April 1, 2025. Jain, currently MD, will transition to his new role, while Saha, the Deputy MD, will take over as MD. #BajajFinance #NBFC #Appointment #Promotion #MD #CEO #BFSI #Finance #News https://lnkd.in/gt3iBfg2

Payments Council warns zero MDR policy and lower incentives may threaten digital payments growth The Rs 1,500 crore allocation for FY 2024-25 to promote low-value UPI transactions, although a step in the right direction, falls short of meeting the growing demands of the digital payments infrastructure, it said. #Payments #PaymentsCouncil #DigitalPayments #UPI #UPITransactions #MDR #PaymentsPolicy #Fintech #BFSI https://lnkd.in/gxKtYYNc