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IDFC FIRST BANK SAVINGS ACCOUNT
India doesn’t have a savings problem. It has a savings incentive problemIndian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn me...
When every bank has an app, what actually makes digital banking different?With UPI resetting customer expectations, the real differentiator in digital banking is no longer having an app, but how seamlessly it brin...
Rupee among Asia's top performing currencies as AI trade coolsThe Indian rupee has gained considerable strength in FY27, aided by increased foreign portfolio investor inflows. A notable decline in crud...
You have an emergency fund and investments, but are you financially mature? CA explains 4 stages of money managementCA Nitin Kaushik explains four stages of financial maturity, from spending money to impress others and building financial security to inves...
Lost money to a UPI scam? The first 3 days could decide how much you can recoverIn the blink of an eye, UPI scams can wipe out your bank savings, but there's hope for victims. The Reserve Bank of India stands ready to s...
RBI's $239 bn forward dollar position to limit rupee gains despite FPI inflows: ReportThe Reserve Bank of India currently has a net short position of USD 239 billion in the forward market, which may hinder the rupee's ability...
India short bonds may underperform on rate hikes, cash squeezeIndia's bond market is experiencing changes due to recent interest rate hikes and tightening liquidity conditions. The Reserve Bank of Indi...
SBI told to refund Rs 1.59 lakh with 9% interest after 68-year-old who never activated his ATM card lost money through multiple AePS transactionsThe Rajkot District Consumer Disputes Redressal Commission has directed SBI to refund Rs 1,59,999 to a 68-year-old customer after unauthori...
Woman expects 12% interest on fixed deposit, puts Rs 9.5 lakh in Karnataka society, fails to recover money after maturity, consumer court orders society to pay Rs 17.63 lakhA woman and her family member deposited money in a Karnataka credit society, expecting returns of up to 12% on their fixed deposits. They l...
How a digital bank's collapse toppled Paraguay's president Santiago PenaParaguay's digital bank ueno bank has collapsed, leading to the freezing of nearly three million customer accounts. This event has resulted...
Woman deposits Rs 1 lakh in post office, postmaster issues receipt but no certificate, then runs away with her money; court orders department to pay her Rs 1.15 lakhA woman above 60 deposited Rs 1 lakh at Karnataka's Kodikoppa Post Office for a Senior Citizens' Savings Scheme account and Rs 500 for a sa...
A record 769,000 Americans now have $1 million in their 401(k). Here’s how much they saveAs of late June, an impressive 769,000 people had exceeded $1 million in their workplace retirement accounts. Fidelity revealed that the av...
- Paraguayan president Santiago Pena impeached minutes after resigning following bank collapse
The 78-0 vote marked a stunning repudiation of Pena by lawmakers from his long-ruling Colorado Party, who joined the opposition in backing ...
Bank account frozen suddenly? Check why it happened, how to unfreeze it and recover your moneyFor individuals affected by the freezing of their bank accounts due to untraceable money sources, remedy is available via the Grievance Red...
- HDFC Bank to offer deposits under Capital Gains Accounts Scheme
HDFC Bank has received government authorisation to offer deposits under the Capital Gains Accounts Scheme (CGAS), 1988. The facility will a...
PFRDA aims NPS expansion via banks, UPI integration; eyes corpus of around Rs 100 lakh crore by 2040The regulator is looking to accelerate growth beyond the organic expansion of the pension market by using the existing digital financial in...
Rajasthan man opens bank app to check balance, finds Rs 10,00,00,00,00,000 lien on account where he had Rs 55,000; bank blocks his entire savingsA 22-year-old medical store employee in Rajasthan's Sikar, earning Rs 10,000 a month, found a Rs 1 lakh crore lien on his Kotak Bank accoun...
Banks seek microloan guarantee extensionIDFC First Bank and small finance banks such as AU, Jana and Suryoday were among the biggest users of the scheme to reduce credit risk. The...
Axis Bank to revise savings account charges from December 1, 2026: Free transaction limit to fall; EDGE Rewards Program to end; charges to riseAxis Bank will implement a new fee structure affecting its domestic and NRI savings accounts. The free cash transaction limit will reduce f...
IDFC First Bank Q2 profit nearly triples to Rs 1,045 croreIDFC First Bank’s Q2 net profit tripled to Rs 1,045 crore, supported by strong loan and fee growth. Net interest income rose 21%, while net...