Employees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...

Canara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...

If oil prices stay at higher levels, some FPIs with exposure to the Indian banking sector through ETFs might decide to sell, putting these ...

Taxpayers can save income tax up to Rs 1.5 lakh annually by investing in Equity Linked Savings Schemes (ELSS). These tax-saving mutual fund...

RBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...

Two promoter-group charitable entities of Motilal Oswal Financial Services sold shares worth about Rs 153 crore through block deals, with H...

Sebi Chairman Tuhin Kanta Pandey said capital markets are becoming a key avenue for household savings and wealth creation, supported by ris...

High salaries don't guarantee wealth; financial management is key. CA Nitin Kaushik highlights that individuals earning the same amount can...

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...

Saving money requires more than setting aside leftover income; it needs a structured plan to stay effective amid rising costs and financial...

The Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific ...

The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...

Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a h...

National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh investment grows to over Rs 1.44 l...

India's money markets are experiencing record activity. State-owned banks are borrowing more to fund strong credit demand. This surge in le...

More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financi...

Indian households are changing how they save. Digital finance means people see their money grow more often. Banks are now offering monthly ...