RBI seeks bigger money market access: What draft proposals mean for NBFCs and companiesThe RBI has proposed widening participation in India’s term money market by allowing eligible NBFCs, mortgage lenders, companies and financ...
29 Jun, 2026, 06.30 AM IST
Plan afoot to create index for unincorporated enterprisesThe index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large ...
29 Jun, 2026, 12.19 AM IST
5-year Senior citizen FD interest rates up to 8.05%: SBI vs PNB vs HDFC Bank vs other banksSenior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures. Small finance b...
27 Jun, 2026, 04.33 PM IST
Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules sayDiscovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly...
26 Jun, 2026, 08.53 AM IST
India's active credit cards cross 120 million in MayIndia’s credit card market crossed 120 million active cards in May, driven by strong new additions even as spending growth slowed, accordin...
26 Jun, 2026, 12.46 AM IST
Amazon CEO Andy Jassy visits India; to meet PM Modi on ThursdayThe visit comes as Amazon sharpens its focus on quick commerce in the country. The company announced that it is expanding its 10-minute del...
25 Jun, 2026, 06.54 PM IST
SBI Cards tops credit card additions in May as industry hits 12 crore milestone; spends grow 6.3% YoYIndia's credit card sector has surpassed 12 crore cards, with new additions surging 33.7% year-on-year in May 2026. Despite robust cardhold...
25 Jun, 2026, 04.38 PM IST
RBI tightens rules on recovery of excess pension paymentsGovernment pensioners will now have stronger protection against unexpected deductions from their accounts. The Reserve Bank of India has ma...
25 Jun, 2026, 01.19 AM IST
Weak monsoon raises food inflation concerns, but rate hike seen unlikelyEconomists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others wa...
25 Jun, 2026, 01.02 AM IST
Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...
24 Jun, 2026, 12.21 AM IST
CBI arrests senior IAS officer Pankaj Aggarwal in ongoing alleged IDFC First Bank fund misappropriation caseThe Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of...
23 Jun, 2026, 10.19 AM IST
The smartphone is becoming India’s most important financial advisorIndia's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...
22 Jun, 2026, 01.51 PM IST
Return poll funds first: Kunal Ghosh challenges Trinamool dissident MLAsA political row has erupted in West Bengal over funds used during the assembly election campaign, with Trinamool Congress and dissident MLA...
22 Jun, 2026, 12.09 AM IST
PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
21 Jun, 2026, 11.59 PM IST
PhonePe wallet inactivity fees do not affect bank accounts or UPI transactionsPhonePe clarifies inactivity fees apply solely to its prepaid wallet, not linked bank accounts or UPI transactions. Users receiving notific...
20 Jun, 2026, 03.27 PM IST
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
20 Jun, 2026, 06.30 AM IST
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
19 Jun, 2026, 06.18 AM IST