The government has approved an 8.25% interest rate on Employees' Provident Fund (EPF) deposits for FY26, clearing the proposal recommended ...

Taxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...

Private sector banks are attracting investors with robust credit growth and stable asset quality. Experts anticipate a rate cycle shift, bo...

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...

RBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

A more balanced and predictable approach can help safeguard revenue, reduce disputes, enhance taxpayer confidence, and create a more effici...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...

Indian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend cou...

Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...

Public sector banks' advantage over private lenders is fading. Excess liquidity and low credit costs are diminishing. Liquidity coverage ra...

Bank loans are seeing a surge. Credit growth reached 17.4 percent by May 31, the highest in almost two years. This rise is driven by compan...

Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...

India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...

India anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...