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Kuki Inpi Manipur strongly condemns killing of Haogin LhouvumKuki Inpi Manipur strongly condemned the killing of Haogin Lhouvum in Tamenglong District. The organization pointed to a severe failure in ...
Muted returns on market bets steer funds back to banksAs per RBI data, bank deposits stood at Rs 256.9 lakh crore as of May 15, 2026, registering a year-on-year growth of 12.2% - well above the...
'Khabardar, kabhi bhi mat karna': Veteran investor Shankar Sharma says stock market isn't for common people, returns don't even beat FDVeteran investor Shankar Sharma advises retail investors to avoid equities, arguing that markets are for professionals and that taxes and v...
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
Top corporate bonds, long gilts can be a good play as RBI holds ratesThe RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hik...
314 grams gold, Rs 2 crore cash and dozens of plots: Odisha govt engineer, who started with Rs 6000 salary, owns a hidden empireA major vigilance raid on Saturday uncovered vast assets allegedly belonging to Baikuntha Nath Behera, an assistant executive engineer. The...
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
Government launches portal to trace unclaimed bank deposits, insurance policies, mutual funds: How to access
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
Share of term deposits below 7% jumps as banks reprice liabilitiesBank term deposits under 7% surged to 61.8% in FY26 due to 125 basis points of policy rate cuts. Depositors shifted to longer maturities, w...
EU's six biggest economies agree on capital markets supervisionEurope's six largest economies have agreed to back more centralized supervision of capital markets. This move is crucial for integrating Eu...
Government launches common landing portal for unclaimed financial assetsThe initiative is expected to enhance public awareness, improve ease of access to information and contribute to the vision of Viksit Bharat...
Credit keeps its lead over deposits as gold loans shine brightBank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jeweller...
Can bonds replace rental income? The ₹40,000 monthly cash flow mathIndian investors traditionally favor rental income for passive earnings, but rising property prices and modest yields are prompting a shift...
RBI highlights strong banking sector health, says lenders can withstand severe shocksIn the fiscal year 2025-26, India's financial landscape demonstrated remarkable stability. Both banks and non-bank entities showcased solid...
BIS and banks build blockchain cross-border payments prototypeGlobal financial institutions are set to test a new digital system for cross-border payments. This project, involving major banks and centr...
CD rates on the rise could soon bring more on retail depositsBank deposit rates are set to rise. Costs for certificates of deposit have increased, signaling banks will soon offer better returns to sav...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
NRIs pull out $2 billion from bank depositsOverseas Indians withdrew nearly two billion dollars from Indian bank accounts in March. This outflow occurred during the Iran war. Reserve...