ITR filing: Claimed capital gains exemption? The 3-year tax trap that may trigger income-tax noticesMany taxpayers wrongly believe that capital gains deposited in the Capital Gains Account Scheme (CGAS) become taxable only on withdrawal. T...
22 Jul, 2026, 12.37 PM IST
FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow inThe optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...
22 Jul, 2026, 12.36 AM IST
Banks lure NRIs with high-return FCNR(B) deposits, warn of leverage risksBanks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percen...
22 Jul, 2026, 12.26 AM IST
Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
21 Jul, 2026, 11.14 PM IST
Cause for concern? HDFC Bank is lagging ICICI Bank where it matters as investors count Rs 5 lakh crore lossHDFC Bank's stock has declined significantly this year, losing considerable investor value. Analysts note a widening operating gap between ...
21 Jul, 2026, 09.50 AM IST
Private banks go for a tumble on D-St after Q1 stumbleMost private lender stocks declined Monday after first-quarter earnings showed profitability pressures. Axis Bank and HDFC Bank saw signifi...
21 Jul, 2026, 05.55 AM IST
Indian banks mobilise $20.7 billion under RBI's special incentive windowIn a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...
21 Jul, 2026, 12.51 AM IST
Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rushBanks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...
20 Jul, 2026, 04.20 PM IST
Rs 91,000 crore wipeout: What spooked HDFC Bank, Axis Bank and Kotak investors even as credit growth picked up?Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...
20 Jul, 2026, 10.34 AM IST
Axis Bank shares fall 5% after Q1 earnings fail to cheer D-Street. What brokerages sayAxis Bank shares fell despite reporting a 22.5% year-on-year rise in Q1FY27 standalone net profit to Rs 7,114 crore. Net interest income (N...
20 Jul, 2026, 09.40 AM IST
Regional conflict-driven curbs weigh on flow: FCNR(B) inflows may miss initial estimates, says HDFC Bank CEOExpected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tight...
20 Jul, 2026, 12.48 AM IST
Axis Bank Q1 Results: Net profit jumps 23% YoY to Rs 7,114 crore; NII up 8%Axis Bank Q1 Results: Axis Bank reported a 22.5% YoY rise in Q1 FY27 standalone net profit to Rs 7,114 crore, while net interest income inc...
18 Jul, 2026, 12.15 PM IST
IDBI Bank ups FCNR ante with 16% on offerThe scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...
18 Jul, 2026, 01.08 AM IST
Can banks increase FD interest rates as inflation crosses RBI’s target of 4%?Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit...
17 Jul, 2026, 10.26 AM IST
HSBC Offers 19x FCNR(B) Leverage in GIFT CityHSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...
17 Jul, 2026, 05.56 AM IST
SHH promoters deposit ₹200 crore to settle ₹648 crore duesSupreme Housing promoters deposited ₹200 crore for a ₹518 crore debt settlement. Canara Bank expects about ₹475 crore from this one-time se...
16 Jul, 2026, 01.09 AM IST
Lending, deposit rates likely to ease gradually as funding costs soften: CareEdgeLending and deposit rates will likely moderate gradually in coming months. High-cost legacy deposits are maturing, and liquidity remains co...
15 Jul, 2026, 02.17 PM IST