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DEPOSIT INSURANCE
OBPPs pitch investor protection fund for retail bond investorsProviders of online bond platforms are advocating for the creation of a new investor protection fund. This initiative is designed to serve ...- Safebox raises $1.11 million seed round to build India’sfamily wealth protection categorySafebox has successfully secured $1.11 million in seed funding to revolutionize wealth management for Indian families. By focusing on conso...
- Rs 1.09 crore remittance sent to home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT AhmedabadIndian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no...
- Should you have multiple bank accounts? Here’s how many you really needShould you keep all your money in one bank account or spread it out? While multiple accounts can aid in budgeting and offer deposit insuran...
- RBL Bank raises $350 million in debut international bond saleRBL Bank has raised $350 million through its first international bond sale, pricing bonds tighter than initial guidance. Strong investor de...
- RBI may not need immediate CRR hike as liquidity surplus likely to moderate: UBI ReportThe Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidit...
- These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsAt a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expe...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 20%, according to analystsInvesting, a wise man once said, is a journey; one that needs to be managed carefully. Remember two things: One, there is never a “perfect ...
- Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banksHighest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESA...
- Bhaichung Bhutia net worth: The football icon had Rs 127 crore in assets in 2024, including Rs 124 crore in propertyBhaichung Bhutia's recent election affidavit reveals a substantial asset valuation exceeding Rs 127 crore. His estimated net worth is aroun...
- GST Council meeting likely to be postponed, say sourcesThe 57th GST Council meeting, scheduled for September 12, is likely to be postponed, with a final decision expected after consultations wit...
- Make growth piggyback on savingsHousehold savings are increasingly held in financial assets, not physical ones. This shift creates a significant mismatch for long-term inv...
- Need stronger governance, internal controls in urban cooperative banks: RBI Deputy GuvIn a recent address, RBI Deputy Governor Swaminathan J urged urban cooperative banks to strengthen their governance frameworks and adopt te...
- These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out with the Gulf war, the probability of ever greater volatility in markets across the globe is high. And highe...
- RBI appoints Suman Ray as Executive Director, to head DICGC and Premises DepartmentSuman Ray will assume the role of Executive Director at the Reserve Bank of India. His appointment is effective from September 1, 2026, as ...
- Uday Kotak sees GDP resilience, warns India not to lower guardIndia's economy grew 7.8 percent in the April-June quarter, showing resilience. Veteran banker Uday Kotak noted ongoing geopolitical and ec...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20%We normally don’t dwell on F&Os in this space. However, it is good to know that, in the current circumstances, an upmove in the indices and...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksFor senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with...
- PM Jan Dhan scheme marks 12 years, number of accounts crosses 59 cr with Rs 3.17 lakh cr depositsThe Pradhan Mantri Jan Dhan Yojana has completed twelve years of service. Over fifty-nine crore bank accounts now exist under this financia...
- Rough patch! How HDFC group delivered a Rs 4.4 lakh crore blow to investors in one yearIn a significant downturn, HDFC group stocks saw a staggering loss of Rs 4.4 lakh crore in market capitalization over the last year. HDFC B...
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