PNB to roll out its wealth management product by Dec aimed at boosting non-interest incomePunjab National Bank plans to launch wealth management services by December. The bank is also aggressively scaling its credit card business...
09 Aug, 2026, 02.42 PM IST
Can NRIs open Sukanya Samriddhi Yojana account offering 8.2% interest rate?Sukanya Samriddhi Yojana provides a favorable tax regime for parents budgeting for their daughters. Only resident Indian girls aged below t...
08 Aug, 2026, 01.56 PM IST
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
08 Aug, 2026, 10.17 AM IST
Science ministry rejects conflict-of-interest claims in RDI fundMinistry officials defended the Research, Development and Innovation Fund selection process. They stated that conflict of interest guidelin...
07 Aug, 2026, 07.39 PM IST
Loss of interest in marriage is not a valid ground for divorce under Hindu Law, orders Karnataka HCHindu marriage can’t be broken merely because husband lost interest in marriage, rules Karnataka High Court and says ‘The marriage under th...
07 Aug, 2026, 06.01 PM IST
Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...
07 Aug, 2026, 04.12 PM IST
EXIM Bank to be implementing agency for interest subvention support for exporters: DGFTThe commerce ministry announced EXIM Bank will implement export credit interest subvention. This transition from the Reserve Bank of India ...
07 Aug, 2026, 03.37 PM IST
West Bengal govt failed to protect tribal interests in mining land acquisition, says CAG reportThe CAG has flagged the West Bengal government's failure in safeguarding tribal interests. Land acquisition for mining projects resulted in...
06 Aug, 2026, 12.55 PM IST
New framework to standardise interest rate rules on the anvil, says RBIThe Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to i...
06 Aug, 2026, 01.01 AM IST
RBI proposes new rules to standardise how lenders set interest ratesIn a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initi...
05 Aug, 2026, 06.55 PM IST
Lower real interest rates have not hurt deposit growth in India: SBI ResearchDeposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...
05 Aug, 2026, 06.26 PM IST
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandRealtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to...
05 Aug, 2026, 05.01 PM IST
7% savings account interest rate: This bank hikes rates across balances; new rates applicable from August 1, 2026Savings account interest rate: Unity Small Finance Bank has recently announced a new interest rate of 7% on savings accounts, with even hig...
05 Aug, 2026, 11.43 AM IST
RBI policy: Will high-interest rate cycle return for FD investors as RBI holds repo rate amid rising inflation?RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...
05 Aug, 2026, 10.56 AM IST
NSA Ajit Doval calls on youth to dedicate themselves to national interest, says India cannot afford to lose this 'window of opportunity'National Security Advisor Ajit Doval urged India's youth to prioritize national interest over personal gains. He emphasized seizing a cruci...
04 Aug, 2026, 01.20 PM IST
Govt approves Rs 4,687 crore interest subsidy for ethanol projectsThe government has approved ₹4,687 crore in interest subsidies for eligible ethanol projects. This support covers interest subvention for n...
04 Aug, 2026, 01.12 AM IST
Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...
03 Aug, 2026, 04.37 PM IST