34 C 
Mutual funds bought stocks worth Rs 11,400 crore in March, with major additions in HDFC Bank, Reliance Industries, and Eternal, while reducing stakes in Kotak Mahindra Bank and Bharti Airtel. Active buying was seen across large, mid, and small-cap segments. New entries included Reliance Power, while complete exits were seen in Hindustan Oil Exploration and Puravankara.
Can increasing your credit card limit really improve your credit score? Find out here
Credit cards provide benefits like rewards and cashbacks. If your credit utilisation ratio exceeds 30%, consider requesting a limit enhancement. A higher limit improves financial management, credit scores, and access to loans, while also being useful for emergencies.
Does a loan rejection hurt your credit score? Heres what you should know
Applying for a loan can affect your credit score, with hard inquiries potentially lowering it. Loan application outcomes don't appear on credit reports, but multiple inquiries may signal higher risk to lenders. Understanding loan rejection reasons can help improve future creditworthiness.
Cashfree Payments appoints Piyush Anchliya as CFO
Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer to spearhead financial strategy and sustainable growth. Anchliya, with 15 years of experience across finance and M&A, will report to CEO Akash Sinha. His expertise will be crucial as Cashfree scales operations.
Does getting pre-approved hurt your credit score? Here's the truth
Pre-approvals for financial products can impact credit scores through soft and hard inquiries. Understanding these effects helps manage credit health effectively. Soft inquiries don't affect scores, while hard inquiries may cause a temporary drop.
Planning to buy a bike on EMI? Heres the credit score you need
Understanding credit scores is crucial for two-wheeler loan applications, as they influence approval decisions. Good credit scores enhance the likelihood of obtaining loans with favourable terms, while lower scores can hinder access.
Planning to convert credit card spends to EMI? Heres what it will cost you
Converting credit card purchases into EMIs can help manage large expenses, but fees vary by institution. Understanding costs like interest rates, processing fees, and penalties is crucial for informed financial decisions.
Thinking of a credit card cash advance? Know the impact on your credit score
Cash advances from credit cards provide quick cash but come with high fees and immediate interest. They may signal poor money management to lenders, potentially affecting credit access and rates. Understanding these risks is crucial for financial health.
Biocon Biologics secures market entry for Yesafili in US
Biocon Biologics has reached a settlement and licensing agreement with Regeneron, clearing the way for the US commercialization of Yesafili, its biosimilar to Eylea. The agreement allows Biocon Biologics to launch Yesafili in the US by the second half of 2026, or earlier under certain conditions. Yesafili, already approved by the USFDA, is intended for treating various ophthalmology conditions.
India targets 300 million new users for UPI payments platform
India aims to onboard millions to its Unified Payments Interface (UPI) and promote its global adoption. NPCI plans to add 200-300 million users by introducing delegated accounts and expanding features. While UPI's popularity surges, discussions around reinstating transaction fees to ensure viability are ongoing, potentially impacting future growth.
Gujarat State Petroleum Corp seeks LNG cargo for May delivery: Sources
Gujarat State Petroleum Corp (GSPC) is looking to secure a liquefied natural gas (LNG) cargo for delivery in the second half of May. The tender for this cargo closes on April 15, according to industry sources.
Kiwi offers up to 5% cashback on eligible spends of up to Rs. 1.5 lakhs in a year using Yes Bank Klick Rupay Credit Card. You also unlock a complimentary domestic airport lounge access (maximum 3 in a year) on every milestone of Rs. 50,000 eligible spends.
5 luxury credit cards users can explore for bountiful of benefits. Check details
Here we list the luxury credit cards which offer a range of benefits to consumers. Most of these cards offer priority pass membership, access to airport lounges and steep discounts
Mumbai Khadi & Village Industries Association sells 3.8 acre for Rs 540 cr
The Mumbai Khadi & Village Industries Association (MKVIA) has sold its 3.84-acre land in Borivali for over Rs 539.25 crore to a local realty developer. The buyer has already paid a portion of the amount, with the remainder linked to construction milestones. This sale follows MKVIA's conversion of the land to freehold status after paying a premium to the government.
HDFC Defence Fund hikes stake in BEML & Solar Industries, adds Centum Electronics in March
HDFC Defence Fund, India's only defence sector-focused fund, strategically increased its holdings in BEML and Solar Industries in March. It also introduced Centum Electronics to its portfolio, adding 2.58 lakh shares. While maintaining exposure in 19 stocks, the fund's asset allocation heavily favors capital goods at 66.76%, followed by chemicals at 15.29%.
SBI cuts FD interest rates by 10 basis points for THESE two tenures starting today. Check details
With effect from April 15, State Bank of India (SBI) has cut its interest rates on fixed deposits (FDs) for two tenures: for 1 to 2 years and for 2 to 3 years
Poonawalla Fincorp enters gold loan market, plans 400 new branches
Poonawalla Fincorp Ltd. has entered the gold loan market, aiming to broaden its secured lending options. This new product offers quick, transparent financing for various needs, with approvals promised in under 30 minutes. The company plans to open 400 branches in Tier 2 and 3 cities to tap into the growing demand, focusing on trust and customer service.
Revenue of railway sector companies expected to grow at moderate pace of 5% in FY26: ICRA
ICRA projects a moderate 5% revenue growth for Indian railway sector companies in FY26, fueled by strong wagon manufacturing demand. While wagon manufacturers are expected to thrive, construction firms may experience slower growth. Despite this, the sector's profitability is anticipated to remain robust, supported by operating leverage and stable input prices, with government investments playing a crucial role.
Jio Financial Services Share Price Live Updates: Jio Financial Services Breaks Through Resistance
HDFC Bank among Venturas top 10 bets for 24 months target with upside potential up to 310%
Ventura Securities has identified 10 stocks that will help you build a resilient portfolio in the next 24 months to navigate through this uncertainty.
Central government employees contributing to the CGHS can now avail health benefits even without a physical card, as per the Ministry of Health & Family Welfare. This directive ensures no denial of healthcare due to procedural delays. The ministry mandates CGHS card issuance for CPWD employees with salary deductions, emphasizing administrative accountability.
Mazagon Dock Rs 3 interim dividend: Last opportunity to buy shares before record date
Investors aiming for Mazagon Dock Shipbuilders' Rs 3 interim dividend must purchase shares today, April 15, as it's the ex-dividend date. The record date is set for April 16, determining shareholder eligibility for the dividend, which will be paid by May 7, 2025.
Surplus funds in SDF go-to option for 24X7 banking despite 'loss'
Bankers seem to prefer the Standing Deposit Facility (SDF) because the window operates beyond market hours, between 5:30 PM and 11:59 PM, while call money market shuts at 5.00 PM, treasury executives said.
Private banks, financial services and RIL see big MF buying
The majority of the activity was in private banks and fi nancial services companies. Reliance Industries was another stock that changed hands between these fund houses. Money managers also cut their holdings in IT stocks, which face a hazy outlook in the wake of the economic uncertainty in the US.
Sanofi India is divesting its insulin brand, Lantus, with Glenmark, Dr. Reddy's, and Emcure Pharma considering acquisition, though a licensing agreement remains a possibility. The asking price has been reduced to 2,000 crore due to declining sales and government price cuts. Despite newer insulin options, Lantus remains a market leader in India's growing diabetes market.
China tariffs hit Shein-Reliance deal: Global sourcing plan from India may shrink
Shein's partnership with Reliance Retail to establish India as a global manufacturing hub faces challenges as China discourages companies from shifting production overseas due to US tariffs. The original agreement, including integrating Indian MSMEs into Shein's supply chain, is being renegotiated and may be scaled down.
Greaves Cotton appoints Parag Satpute as Managing Director & Group CEO
Greaves Cotton Limited has appointed Parag Satpute as the new Managing Director and Group CEO. He succeeds Arup Basu. Basu's employment contract ends on May 9, 2025. Satpute will oversee Greaves Engineering, Retail, Technologies, and Excel Controlinkage Pvt Ltd. He brings three decades of experience from Bridgestone and Sandvik. His role includes strengthening businesses and driving growth for Greaves Cotton.
ET Graphics: Delhi Airport is 9th busiest in the world
Delhi Airport was the ninth busiest airport in the world in 2024, according to data from Airports Council International. The airport, which clocked a footfall of 77,820,834 in 2024, is one position behind Chicago Airport. Indias busiest airport climbed from 10th position in 2023, clocking an annual passenger growth of 7.8%.
Cosmetics companies turn up the heat over sunscreen 'truth'
Ghazal Alagh, cofounder of Honasa Consumer, criticized large FMCG brands like HUL for complacency due to limited competition. This follows HUL's campaign questioning the SPF claims of online sunscreen brands, including those from Honasa. HUL defends its campaign, emphasizing consumer safety and the importance of in-vivo testing, while aiming to grow its premium beauty segment in a competitive market.
Time for an Indian beauty brand to go from East to West: Birla Cosmetics' Ananya Birla
Ananya Birla's Birla Cosmetics aims to capture 5% of India's cosmetics market, leveraging growing nationalism and preference for local brands. Competing with global giants and celebrity-backed labels, the company focuses on quality and affordability. Birla emphasizes the potential for an Indian brand to lead, driven by consumer awareness and evolving demand in India's expanding beauty market.
Pharma companies may feel heat of US tariffs on China
India's pharmaceutical industry is bracing for potential disruptions due to US tariffs on Chinese goods. Experts warn that China may increase prices for key pharmaceutical ingredients exported to India to offset tariff costs. With India heavily reliant on China for APIs and intermediates, this could lead to higher medicine production costs.
Bharti Hexacom pauses tower sale, plans new valuation amid TCIL objections
Bharti Hexacom will re-evaluate its 3,400 telecom towers before seeking new bids from tower companies, following objections from shareholder TCIL regarding the initial valuation. The sale to Indus Towers was halted due to valuation differences and TCIL's demand for a transparent process. Bharti Airtel maintains confidence in the original proposal's merits despite the need for a fresh approach.
Amid tariff brawl, oil prices may not fall to 2015-16 level: BPCL
BPCL's finance chief, Vetsa Ramakrishna Gupta, anticipates oil prices to remain stable in the near term, fluctuating between $60-70 per barrel as US tariff uncertainties resolve. He dismisses the possibility of a significant price crash similar to 2015-16, expecting OPEC to implement production cuts if prices decline to $50-55.
Vedanta's Rs 50,000 cr investment in Assam: CM Himanta holds talks to prepare detailed plan
Assam Chief Minister Himanta Biswa Sarma met with Vedanta Group representatives to plan the company's Rs 50,000 crore investment in Assam's energy sector. Vedanta aims to boost oil and gas production to 100,000 barrels per day, potentially transforming the region into a major hydrocarbon hub.
J-K: PM Modi to inaugurate final section of USRBRL on April 19, world's highest railway arch bridge
Prime Minister Narendra Modi is set to inaugurate the final Katra to Sangaldan stretch of the Udhampur-Srinagar-Baramulla Rail Link on April 19. This marks a historic moment, connecting Kashmir Valley with the rest of India via rail for the first time.
Chinese gold ETFs April inflows surpass first quarter total, WGC says
Investment flows into Chinese physically backed gold exchange-traded funds so far this month have exceeded those for the whole of the first quarter and overtaken inflows registered by U.S.-listed funds, World Gold Council data showed.
These are the 5 mistakes you should avoid to maintain a high credit score
There is a misconception that only those customers who are defaulters are the ones with a poor credit score. There could be several reasons for a poor score.
Good news for SBI borrowers: Bank reduces lending rate by 25 basis points after repo rate cut by RBI
Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates remain unchanged, read on to know more about the changes in EBLR rates and how they will impact your loan payments and EMIs.
Personal loans: Why should you avoid taking loan for travel and luxury?
These are some reasons for which you should avoid borrowing loan such as for travel or to buy luxury
Capitalmind gets SEBI nod to launch mutual fund
Capitalmind Financial Services has secured final SEBI approval to launch Capitalmind Mutual Fund. The firm will now offer its data-driven, rules-based strategies to a wider retail audience across India, expanding beyond PMS and AIF services.
Are non-residents taxed on Indian company share buybacks?
As per the latest Income Tax Act modifications, the entire sum paid by an Indian company upon the share buyback would be treated as a dividend in the hands of its shareholders.
Voluntary Provident Fund offers high interest rates. But withdrawals are a pain.
Many people believe that since VPF is voluntary, the sum can be withdrawn after five years, without any restrictions. Nothing could be further from the truth.
Latest lending rates in April 2025: HDFC Bank, SBI, Bank of Baroda, Canara Bank, Bank of India
Indian banks HDFC Bank, SBI, Bank of Baroda, and Canara Bank announce their latest MCLR rates. These rates impact home, auto, and personal loan interest. HDFC Bank reduces some MCLR tenures. Other banks like Bank of Baroda, Canara Bank, Bank of India, and SBI keep their MCLR rates steady.
Terminals 1 and 3 will be able to handle passenger traffic at Delhi airport, says official
Delhi's Indira Gandhi International Airport is set to manage passenger flow smoothly. Terminal 2 will temporarily close on April 15 for maintenance. Civil Aviation Secretary assures that the fully operational Terminal 1 and Terminal 3 will adequately handle passenger traffic. IndiGo is informing passengers about terminal changes. Discussions are underway to resume direct flights between India and China.
Personal loan liability after death: Legal rules, steps and family rights explained
Understand who repays a personal loan after a borrowers death in India. Learn the legal responsibilities of heirs, the role of guarantors, and how to handle outstanding EMIs using estate assets, insurance, and proper documentation to manage debt smoothly.
Personal loan restructuring vs loan settlement: Which option is best for you?
Borrowers facing financial distress may consider loan restructuring or settlement. Restructuring modifies loan terms to ease repayment, while settlement may harm credit scores. Consulting financial experts is advised to navigate these options effectively.
Have a credit card you dont use? Heres how it affects your credit score
Inactivity on credit cards can harm your credit score despite seeming responsible. Account closure and altered credit utilisation ratios are risks. Regular, minor usage is recommended to maintain a positive credit profile.
Want a better credit score without a credit card? Try THESE 5 simple strategies
A high credit score opens financial opportunities, and you can build a solid credit profile without a credit card. Manage loans responsibly, make intentional borrowing decisions, and monitor your credit to raise your score effectively.
Good credit score, but loan rejected? 7 possible reasons explained
A good credit score does not guarantee loan approval. Lenders assess multiple factors including income stability, debt ratio, application errors, and employment history. To improve approval chances, applicants should provide accurate information and understand lender requirements.
7 powerful lessons from Rich Dad Poor Dad that can transform your finances
Discover 7 timeless money lessons from Rich Dad Poor Dad by Robert Kiyosaki that every Indian must know to build wealth, improve financial literacy, and achieve long-term financial freedom in todays rapidly evolving economic landscape.
Mudra Yojana: Rs 33 lakh crore of collateral-free loans sanctioned, 68 pc beneficiaries women
Under Mudra Yojana, Pankaj Chaudhary said that the government has provided collateral-free loans exceeding Rs 33 lakh crore to 52 crore individuals. These loans, ranging from Rs 50,000 to Rs 20 lakh, have empowered people to start businesses. A significant 68 percent of beneficiaries are women, contributing to economic development.
Accor to launch new Raffles and Sofitel Legend hotels in Ranthambore and Jaipur
Accor, in partnership with Sukhani Ventures, is set to introduce two luxury hotels in Rajasthan. Raffles Ranthambore, an ultra-luxury villa resort, is slated to open by mid-2027. Sofitel Legend Sukh Bagh Jaipur, a large property in Jaipur, is expected to launch in late 2028. These ventures aim to blend luxury with the region's rich heritage, offering unique hospitality experiences.
Arnya Realestates Fund Advisors commits Rs 130 crore to Casagrand's Residential project in Bengaluru
Arnya Realestates Fund Advisors has invested 130 crore in Casagrand's residential project in South Bengaluru, marking its second investment after its initial venture in Navi Mumbai in October 2024. Arnya's maiden fund, launched in April 2024, targets 1,000 crore, focusing on early-stage growth capital for Tier 1 developers in India's top eight cities.
Luxury housing sales record 28% Y-o-Y growth across top seven cities in Q1 2025
India's luxury housing market shows robust growth in Q1 2025. Sales surge by 28% across top seven cities. Delhi-NCR dominates with 49% share. Mumbai's share declines, while Bengaluru sees significant jump. Kolkata and Chennai gain traction. Hyderabad's contribution falls. Overall residential market maintains balance. Optimistic outlook for the rest of 2025 is expected. Demand is likely to stay strong.
EPF UAN activation: Check these three new facilities in UMANG app
These 7 banks offer highest interest rates on their 1-year fixed deposits. Check latest list
FD interest rates: These private sector and state banks offer anywhere between 6.6 to 7 percent interest per annum to general citizens on their fixed deposits (FDs), and between 7.1 to 7.6 percent to senior citizens.
Dr Reddys slashing jobs to cut costs by 25%; asks several Rs 1 crore+ earners to resign
Dr. Reddy's Laboratories is implementing cost-cutting measures, aiming to reduce manpower expenses by 25%. High-salaried employees, including those earning over 1 crore annually, are being asked to resign. The R&D division is offering voluntary retirement to employees aged 5055. Some divisions, like digital therapeutics, may face shutdowns or downsizing, impacting 300400 employees.
Lodha vs Lodha: Longstanding disputes between real estate heirs resolved amicably
Under parental guidance and mediation, the Lodha brothers, Abhishek and Abhinandan, have resolved their trademark dispute. Abhishek's Macrotech Developers retains exclusive rights to 'Lodha' and 'Lodha Group,' while Abhinandan secures 'House of Abhinandan Lodha.' Both entities will clarify their distinct identities, ending a conflict stemming from Abhinandan's 2015 split and subsequent trademark infringement claims.
Best mutual funds: Here we list out top aggressive hybrid mutual fund schemes which have delivered over 20 percent annualised return in the past five years
Top 5 flexi cap funds with 5-year returns up to 33% as on Apr 9, 2025
Top 5 flexi cap funds with 5-year returns up to 33% as on Apr 9, 2025
Volkswagen Tiguan R-Line launched in India: Here is the price and features of the SUV
Volkswagen has launched the sportier Tiguan R-Line in India for Rs 48.99 lakh. This fully-imported SUV boasts a 2.0-litre turbo petrol engine producing 201 bhp, coupled with a DSG gearbox and 4Motion AWD. It features an all-black interior with red accents, a 12.9-inch infotainment screen, and advanced driver assistance systems.
Faceless tax assessments are a game changer. But there is scope for improvement.
The 2025 scrutiny notices and assessment orders indicate growing instances of gross time mismanagement.
Is gold the GOAT asset of our lifetime?
Amid market swings and rising global uncertainty, gold has quietly outpaced equities and real estate over the long term. But why hasnt it captured the investing spotlight?
BofA Seeks to Rebuild India Investment Banking Team Post Probe, Resignations
Bank of America Corp. is rebuilding its India investment banking team after a string of senior resignations and scrutiny over share sales rocked its local operations last year, according to people familiar with the matter.
These 8 stocks held by over 100 MFs in March, see 35-60% drop in CY25
Out of these, 8 stocks have dropped by more than 35% this year.
Bank of India has revised its fixed deposit interest rates, effective April 15th, 2025. The bank has discontinued its special 400-day FD scheme, which offered a 7.30% interest rate. Interest rates have been reduced for short and medium-term deposits under Rs 3 crore.
Lower EMIs ahead? Bank of India cuts home loan interest rates to 7.90 per cent
The state lender has also cut interest rates across select existing retail loan products, including vehicle loan, personal loan, loan against property and education loan
Credit rating upgrade to boost Voda Idea Rs 25,000 crore debt raising efforts: Citi
Vodafone Idea's credit rating has improved to investment grade BBB- following the government's debt conversion, potentially aiding its Rs 25,000 crore debt raise. Citi Research suggests this upgrade is a significant boost, fulfilling a key requirement for bank lending. Successful funding would also benefit Indus Towers by alleviating concerns about Vodafone Idea's financial stability and future tenancies.
Explained: Will NRIs be liable for capital gains tax on mutual fund sales in India?
The case involved A Shah, a Singapore tax resident, who declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs 46.91 lakh from equity mutual funds for the financial year 202122.
Unsold stock in affordable housing segment decline by 19%
India's affordable housing sector faces challenges, with unsold stock decreasing due to supply shortages, while luxury housing sees a surge in unsold units driven by increased supply and cautious investor sentiment. Anarock data reveals a significant drop in affordable housing sales and supply shares since 2019. Bengaluru and Chennai lead in reducing affordable housing inventory, while Hyderabad experiences a rise.
Dhoni, Kohli-starrer IPL triggers cricket betting rush and operational nightmare for banks
IPL 2025: The Indian Premier League's popularity fuels a massive gambling market, straining Indian banks' IT infrastructure as they manage a surge in real-time transactions via the Unified Payments Interface. Banks face pressure to maintain seamless service for betting platforms while combating fraud and money laundering.
The Nifty Top 10 Equal Weight Index offers balanced exposure to the top 10 Nifty 50 companies, making it an attractive option for investors seeking diversification. Unlike the Nifty 50, it employs an equal weighting methodology to avoid dominance by any single stock.
No loans, no problem: 5 proven ways to raise your credit score without debt
Want to improve your credit score in India without taking loans? Follow these 5 expert-backed steps, including using secured cards, paying bills on time, and tracking your credit report to build a strong financial profile without any debt.
IndiGo shifts operations from Delhi Airport's Terminal 2 to Terminal 1
IndiGo announced that starting April 15th, all flights to and from Delhi's Indira Gandhi International Airport Terminal 2 will shift to Terminal 1. This change means IndiGo will now operate from Terminals 1 and 3. The airline is proactively informing passengers via SMS, calls, and emails, advising them to verify their terminal details online.
Sundaram Finance, Century Enka among top 6 unique stocks held by mutual funds in March
There were around 142 unique stocks in March, of which we filtered out those with a market value of over Rs 90 crore.
Top 6 HDFC Bank credit cards offering complimentary lounge access in 2025
Frequent travelers can enhance their experience with complimentary airport lounge access offered by HDFC Bank credit cards. Benefits include free meals, unlimited wifi, and spa services. However, caution is advised to avoid overspending and debt.
RIL and Infosys among 9 stocks owned by over 500 mutual funds in March
Here are the top 9 stocks owned by over 500 mutual fund schemes in March, according to data by ACE MF.
SBI credit card customer service: How to access support via phone, SMS, and email
SBI credit cardholders can contact customer service 24/7 for assistance with inquiries, unauthorized payments, and complaints. For detailed issues, use email or postal mail, including card details. Unresolved issues can be escalated via the SBI card query escalation page.
How to transfer money from credit card to your bank account? A complete guide
Proper use of credit cards can aid in managing finances, but understanding fees, procedures, and risks is crucial. The article discusses options for transferring money to bank accounts, urging caution and expert consultation to avoid negative impacts on credit scores.
How to convert HDFC credit card payment to EMI? A complete guide
HDFC Bank customers can manage credit card spending by converting payments into EMIs, easing monthly budgets. This guide outlines the steps, benefits, and considerations for EMI conversion, emphasizing the importance of aligning plans with financial situations and consulting experts.
Love isnt blindat least not to debt: 5 money habits to spot in your partner
Discover five essential money habits every Indian couple should adopt before marriage. Learn how discussing spending, debt, savings, and financial priorities can ensure a secure and prosperous future together. Start building financial harmony for a happier marriage.
Monthly SIP inflows may rise to Rs 40,000 cr in 18- 24 months: Union AMC CEO
Fueled by rising incomes and investment awareness, monthly SIP inflows are projected to reach 40,000 crore within 18-24 months. Despite recent market volatility, SIP contributions surged in FY25, reflecting investor maturity. Union AMC anticipates further growth due to favorable tax policies and market valuations, encouraging long-term investment through SIPs.
8 mutual funds receive over Rs 4,000 crore inflow in March
Out of 697 funds in the said period, 611 funds received inflows. Here is the detailed breakup (Source: ACE MF)
State Bank of India (SBI) has revised its fixed deposit interest rates, effective April 15, 2025, reducing rates by 10 basis points for select medium-term deposits (1 to 3 years) for both general customers and senior citizens. Simultaneously, SBI has reintroduced its special Amrit Vrishti FD scheme for a 444-day tenure with modified rates, offering 7.
Bank of Maharashtra slashes retail loan rates by 25 bps
NEW DELHI, Apr 14:State-owned Bank of Maharashtra (BoM) has announced reduction in lending rate linked to repo rate by 25 basis points in line with the Reserve Banks key policy rate. The banks repo-linked lending rate (RLLR) has now been reduced from 9.05 per cent to 8.80 per cent, BoM said in a statement on Monday. The Reserve Bank of India (RBI) on Wednesday slashed key interest rates by 25 basis points for the second time in a row [] The post Bank of Maharashtra slashes retail loan rates by 25 bps appeared first on Daily Excelsior .
Every debt mutual fund category sees outflow in March. Here is why
There are 16 sub categories and every category saw outflow in the same period. Here are top 5 categories with maximum outflows
Personal loan eligibility: 6 key criteria you must meet in 2025
Some of the eligibility criteria for a personal loan include a good credit score, minimum monthly income, age within a specified bracket, stable career, a low DTI ratio, minimum educational qualification, and residential location.
Personal loans: How much is too much to avoid a default?
We explore here how much personal loan one should raise to prevent a default of repayment
Mehul Choksi Arrested: What are the crimes of the fugitive diamantaire who hit Indian banking sector
Fugitive diamantaire Mehul Choksi, wanted in connection with the Rs 13,000 crore Punjab National Bank (PNB) loan scam, has been arrested in Belgium following an extradition request from Indian authorities. Accused of colluding with bank officials to fraudulently obtain loans, Choksi fled India in 2018 and has since evaded authorities.
