RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
22 Jul, 2026, 02.04 PM IST
IndusInd Bank customer loses Rs 2.3 lakh in 18 minutes to a KYC scam: Court orders refund; says banks, not customers, are responsible for unauthorised transactionsIndusInd Bank ordered to refund after customer loses Rs 2.3 lakh to a KYC scam: A Delhi consumer commission has ordered IndusInd Bank to re...
22 Jul, 2026, 11.56 AM IST
FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow inThe optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...
22 Jul, 2026, 12.36 AM IST
India bonds fall as Middle East escalation drives oil above $90On Tuesday, Indian government bonds experienced a downturn, attributed to escalating crude oil prices. The pressure was further compounded ...
21 Jul, 2026, 06.04 PM IST
Chhattisgarh Rs 17 crore snakebite scam: How doctors, lawyers, clerks and bank employees faked deaths in BilaspurChhattisgarh Snakebite Scam: Police in Bilaspur, Chhattisgarh, have arrested seventeen individuals in a large compensation fraud. This synd...
21 Jul, 2026, 04.22 PM IST
Corporate loan growth outpaces retail advances at top private banksCorporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail cred...
20 Jul, 2026, 04.19 PM IST
Did PM Modi announce a Rs 25 lakh monthly income scheme? Here's the truthA fake video using artificial intelligence shows Prime Minister Modi promoting an investment scheme. This fraudulent platform falsely promi...
17 Jul, 2026, 07.10 PM IST
Is RBI asking people to pay Rs 7,500 in tax to get Rs 1 lakh payment? Here’s the truthA fake Reserve Bank of India letter is misleading people about pending payments. It falsely claims a Rs 1 lakh payment is on hold due to tr...
17 Jul, 2026, 05.46 PM IST
The age of infinite financial advice demands better financial educationConsumers now have vast financial information readily available. However, this abundance creates complexity and uncertainty for many indivi...
17 Jul, 2026, 11.54 AM IST
Can banks increase FD interest rates as inflation crosses RBI’s target of 4%?Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit...
17 Jul, 2026, 10.26 AM IST
Q1 Results today: Reliance Industries, JSW Steel among 33 companies announcing June quarter earnings. What to expect?Reliance Industries and 32 other firms will announce quarterly earnings on Friday. Several major banks are scheduled to release their April...
17 Jul, 2026, 10.13 AM IST
HDFC Bank, SBI, other stocks jump up to 2%; Nifty Bank gains 560 points. What lies ahead?Banking stocks rallied up to 2% on Wednesday, lifting the Nifty Bank index as investors positioned themselves ahead of a crucial round of Q...
15 Jul, 2026, 02.57 PM IST
The experience economy is reshaping consumer financeYoung professionals now prioritize experiences, shifting financial goals from tangible assets. Consumers globally continue to spend on trav...
14 Jul, 2026, 10.54 AM IST
Stocks in news: Adani Enterprises, Cochin Shipyard, IDFC First Bank, Premier Energies, Glenmark PharmaMarkets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard's offer for sale saw strong investor...
08 Jul, 2026, 06.00 AM IST
IDFC First Bank launches EPFO payment servicesIDFC First Bank has launched provident fund payment services through its EPFO integration. This integration allows establishments to initia...
07 Jul, 2026, 04.34 PM IST
IDFC First Bank Q1 update: Loan book grows 21% YoY to Rs 3.05 lakh crore; shares rise 2%IDFC First Bank reported strong provisional Q1 FY27 business growth, with loans and advances rising 20.6% year-on-year and deposits increas...
03 Jul, 2026, 03.26 PM IST
Haryana scam shocker: IAS officer arrested on retirement day in ₹593-crore IDFC Bank fraud probeIn a significant development, the CBI apprehended senior IAS officer Pardeep Kumar on his retirement day in connection with a ₹593-crore Ha...
01 Jul, 2026, 02.13 PM IST