17 C 
Large industry loans at a six year high of 33 lakh crore
he growth rate also increased threefold with as compared with the same fortnight last year
Deposits and advances of Banks decline in the first fortnight of Oct 2026
Further, outstanding advances came down Rs 2,55,875 crore in the fortnight, possibly reflecting the effects of unwindingof short-term business contracted towards second quarter end
Bank of Baroda logs highest quarterly net profit at 6,532 cr in Q2FY27
Global deposits and advances growth was healthy at 16.4per cent and 18.3per cent in the reporting quarter, respectively
Record earnings! 5 big takeaways from RIL Q2 results investors should watch for Monday trading
Reliance Industries reported record Q2FY27 profit of Rs 29,550 crore and revenue of Rs 3.62 lakh crore, driven by strong refining margins and Jio growth. Retail profitability weakened, while declining debt improved the conglomerate's financial position.
IRDAI declares November 2026 as grievance resolution month for insurance policyholders
Over 13 lakh cases, including 11 lakh pending before the Motor Accidents Claims Tribunal, remain unresolved
Sammaan Capital promoter raises stake to 33.32% after warrant conversion
Avenir Investment converted 8.69 crore warrants into equity shares for about Rs 906 crore, raising its stake in Sammaan Capital from 28.34 per cent to 33.32 per cent
How Investor Biases Can Turn Winning Stocks Into Bad Bets
The Latest Fixed Deposit Interest Rates: Oct 30, 2026
The Latest Fixed Deposit Interest Rates: Oct 30, 2026
The Latest Home Loan Interest Rates: Oct 30, 2026
The Latest Home Loan Interest Rates: Oct 30, 2026
AU SFB probes potential vehicle loan data leak; says core systems unaffected
A cyber threat intelligence platform has reported breach claims, but the bank says allegations of KYC data exposure remain unverified
First Global's Devina Mehra urges Indian investors to diversify across countries, sectors, currencies and asset classes. She highlights global opportunities, changing market leadership and the risks of chasing popular investments, advocating broader international exposure for long-term portfolio resilience.
Bank credit grows 17.94% to 232.54 lakh crore, outpaces deposit growth
The banking systems liquidity surplus remained elevated in October, while lenders also increased their investments in central and State government securities
November Bank Holidays 2026: Full list of dates, festivals & bank closures
Bank branches will observe multiple closures in November, with the holiday schedule varying from state to state based on regional festivals and local observances
$1.5 trillion will change hands as India's 50-plus pass on wealth: Bajaj AMC's Ganesh Mohan
$1.5 trillion will change hands as India's 50-plus pass on wealth: Bajaj AMC's Ganesh Mohan
Sebi makes direct plans default: Know how much investors can save on SIPs
Investors opting for regular plans will have to be informed about their higher costs, as the regulator seeks to improve transparency and protect mutual fund investors
Aditya Birla Capital net up 38% in Q2
Revenue jumps 31% to 16,545 crore; the overall lending AUM (NBFC and Housing Finance) grew by 32% year-on-year to 2.34 lakh crore
ADB approves $139.55 million loan to upgrade urban infrastructure, water supply in Puducherry
The Asian Development Bank approved a $139.55 million loan to Puducherry to upgrade water, sewer networks, desalination capacity, drainage, and governance
RBI hikes FRB 2034 interest rate to 7.26%: How much can you earn on Rs 5 lakh investment?
The Reserve Bank of India has declared a new interest rate of 7.26% per annum for the Government of India Floating Rate Bond 2034, reflecting an increase from the earlier rate of 6.45%. This updated rate will be effective from October 30, 2026, to April 29, 2027, allowing investors to earn more on their six-monthly coupon payments.
North Korean hackers suspected in $6.3 billion Binance cryptocurrency theft
Blockchain intelligence firms have linked the record cryptocurrency theft to a North Korean hacking group, while Binance says it will cover losses
Indias SIP growth story has a long runway, with household equity exposure still in single digits and a large number of investors in the wealth-accumulation phase, says Carnelian Asset Managements Vikas Khemani. Speaking at the ET Wealth Expo, he said SWPs may take another 25 years to gain widespread relevance as the population ages and more investors transition towards retirement.
Vivek Kannan has been appointed as the chief executive officer of Hinduja Housing Finance Limited. He succeeded Sachin Pillai, who stepped down but remains on the board as a non-executive director. Kannan joined the company as Chief Operating Officer in 2020 and contributed significantly to its growth and transformation. With over two decades of experience, he has held leadership roles in various financial institutions.
Swarup Mohanty of Mirae Asset urged investors to focus on the consistency and quality of their investment decisions rather than market movements. At the ET Wealth Expo, he stressed that financial goals should drive asset allocation, cautioned against chasing past returns and highlighted the importance of buying good businesses at reasonable valuations.
AU Small Finance Bank probes potential data leak
The bank's own systems remain unaffected and all banking services are operating normally
Gold rate today: 24k vs 22k vs 20k vs 18k prices
India PE/VC inflows surge 46% y-o-y to $17.1 billion in Q3 2026: Report
According to the EY-IVCA monthly PE/VC roundup, the quarterly total also represented a 124% rise from the $7.6 billion recorded in the second quarter of 2026
ICICI Prudential MF's S Naren cautions investors against chasing asset classes after sharp rallies, calling it anti-asset allocation. At the ET Wealth Expo, he highlighted the importance of investing in underperforming asset classes, including international debt, and using valuation indicators to guide decisions. He also discussed gold, real estate and the need for patience during market corrections.
Hinduja Housing Finance appoints Vivek Kannan as CEO
Kannan, who joined the company as Chief Operating Officer in 2020, succeeds Sachin Pillai, who stepped down as Managing Director of the housing finance company on October 29
Anti-asset allocation: Why buying after a surge hurts returns, says S Naren
EPS Pension news: Can EPFO increase minimum pension from 1,000 on November 19?
HDFC Bank drifts lower as week ends
The weeks dominant event remains Wednesdays fresh 52-week low of 669.20, from which the stock has since partially recovered
Around 10 mutual funds and one specialised investment fund (SIF) are currently open for subscription, offering investors options across silver, debt, thematic, multi-asset and equity categories. Here is a look at their minimum investment amounts and subscription closing dates.
Since last Diwali, TRUSTMF Small Cap Fund has delivered an impressive return of 19.82%, exceeding expectations against its benchmark. The fund manager credits strategic investments concentrated in industrials, healthcare, and consumer sectors for this success. Although small-cap investments are known for their growth prospects, they necessitate careful management and patience. Experts recommend a moderate allocation tailored to individual risk appetites and suggest systematic investment plans for gradual market exposure.
Digital merchant payments likely to recover in Oct-Nov on festive spending, post Sept dip: Equirus
Digital payments to merchants are expected to recover in October and November, supported by increased spending during the festive season, according to a report by Equirus Securities. The report said digital merchant payments declined 0.8 per cent month-on-month (MoM) to Rs 11.4 trillion in September 2026. However, they registered a growth of 15.7 per cent year-on-year (YoY). UPI person-to-merchant (P2M) transactions recorded a strong growth of 23.3 per cent YoY during September, while credit card spending declined 5.9 per cent. The report attributed the decline in credit card spending mainly to a shift in the festive calendar rather than a slowdown in consumer demand. It noted that Navratri fell in September in 2025, compared with October this year. As a result, September 2025 saw nine days of festive spending, taking credit card expenditure around 13 per cent above the average recorded in July and August 2025.
Prime Minister Narendra Modi will release the 24th instalment of Rs 2,000 of the PM Kisan samman yojana scheme today in Gujarat. Farmers eagerly awaited this payment, which is crucial for their agricultural needs and expenses. Eligible farmers must complete their eKYC to receive this instalment, which is mandatory according to the PM Kisan portal guidelines.
Tether, Circle freeze $2.38 billion after Binance reports security incident
Tether, which issues the world's largest stablecoin, says it froze nearly $1.57 billion related to the hack, with Circle freezing over $800 million
Coinbase snaps losing streak with third-quarter profit on crypto trading rebound
The company reports a profit of $718.7 million for the quarter ended September 30, compared with $432.6 million last year
Q2 Results Today, 30th October 2026 Live Updates: businessline brings to you latest Q2 announcements, earnings updates and more.
Employees at the Bina branch of India Post defrauded depositors out of Rs 36.4 lakh through forged documents. The Madhya Pradesh High Court has ordered the postal department to refund the victims with applicable interest. This decision follows a case where the victims were misled by unauthorized employees posing as authorized staff. The High Court's ruling emphasizes the trust placed in the postal employees by the victims.
India housing market: Unsold stock up 12%, affordable homes gain ground; should you buy now or wait?
Govt, LIC to get benefit from residual stake in IDBI Bank upside
The government is offloading 30.48% of its stake and expected to get over 26500 crore, while LIC to sell 30.24% and likely to get over 26,300 crore
Tech Mahindra Share Price Live Updates: Tech Mahindra's Price Movement Today
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Binance freezes $2.5 billion after suspected hack; Bitcoin sinks below $79,000
Bitcoin slumped as much as 3.7% to its lowest level since September, with other tokens also selling off. US stocks ended lower, with the Nasdaq 100 tech index dropping nearly 1.4%.
PNB assures customers of genuine claim settlements after 11.24-crore fraud allegations
The bank is examining complaints, cooperating with authorities and strengthening internal controls as police investigate the alleged misappropriation of customer funds.
IDBI Bank sale: DIPAM explains second bidding round and valuation methodology
The clarification addresses questions over the banks valuation, bidding procedure and tax indemnity as the proposed Rs 53,000-crore transaction progresses.
Post rate hike, highly rated large companies step up rupee bond issuances
Meanwhile, NABARD is believed to be eyeing a 6,000 crore fund mobilisation via a 5-year NCD issuance, according to market sources
Axis Trusteeship issues notice to Yes Bank to restore/ reactivate AT-1 bonds
ATSL said the aforesaid notice has also been copied to RBI, SEBI, BSE, NSE, and depositories NSDL and CDSL
Suryoday SFB PAT more than doubles in Q2 FY27
The companys other incomes which include fees and investments increased 58.4 per cent% to 126.5 crore in the quarter ended September 2026, from 79.8 crore
Fino Payments Bank reports net loss of 20.9 crore in Q2FY27
Other income declined 24 per cent y-o-y to Rs 259 crore against Rs 340 crore in the year ago quarter
Star Health CFO Nilesh Kambli says insurance distribution rule changes not to cause much disruption
Many group health insurance businesses may shift to retail on the bancassurance channel if the proposed changes take effect in their current form, Kambli says
Bitcoin strengthens hold on Indias crypto market amid global volatility
Bitcoins share of total crypto spot-trading volume on CoinSwitch more than doubles to 16.7% in H1 2026 from 7.6% in H1 2025
Chola targets 20-23% AUM growth in FY27, plans 5,000 crore QIP fundraise
Cholamandalam Investment expects 20-23 per cent AUM growth in FY27 and plans a 5,000 crore QIP, as its second-quarter net profit rises 41 per cent to 1,630 crore
India Inc's ECB, FCCB fundraising proposals rise to $8.13 bn in August
Indian companies filed proposals to raise $8.13 billion through ECBs and FCCBs in August, up from $7.70 billion in July, with Flipkart, PFC and other major firms among applicants
ESAF Small Finance Bank post 160 crore profit in Q2 FY27
The banks performance was supported by robust business growth, improved operating efficiency, a stronger secured lending portfolio, and a substantial improvement in asset quality
EPFO plans to invest in AIFs, startups, says report
Supreme Court says banks must compensate digital fraud victims for losses caused by negligence
The court also urged banks to use transaction histories and artificial intelligence to identify suspicious transfers and prevent money from leaving accounts
Axis Bank will implement a new fee structure affecting its domestic and NRI savings accounts. The free cash transaction limit will reduce from four to three transactions or Rs 1 lakh. Minimum balance penalties will also change, particularly for semi-urban and rural accounts due to increased maximum charges. Additionally, the EDGE REWARD program will be discontinued for several account categories.
Sundaram Home Finance Q2 net profit up 20%
Emerging Business Disbursements rise 63% on small towns branch expansion Assets Under Management up 14% to 21,213 crores
UK salary and per diem: When can Indians claim tax relief in India?
Tribunal ruling in New Delhi offers relief on a Rs 16.17 lakh allowance, but employees must establish their tax residency and eligibility under the India-UK tax treaty
Equitas SFB CEO P N Vasudevan resigns over perceived conflict of interest
Vasudevan says investor concerns over his daughter's association with an NBFC have weighed on the bank's stock performance; he will continue until a successor takes charge
Equitas SFB MD & CEO P N Vasudevan resigns citing perception of conflict of interest, stock down 20%
Vasudevan will continue as MD & CEO until a successor takes over
Indias SIP flows reached a record 32,490 crore in September 2026, doubling in under three years. Investor participation expanded, smallcap and flexicap funds attracted strong inflows, and B30 cities gained mutual fund AUM share, reflecting broader market participation.
A 33-year-old investor aiming to build a Rs 6 crore corpus over 22 years may need to raise his annual SIP step-up from 10% to 1617%, according to an expert. The portfolio could also benefit from replacing the underperforming small-cap fund with a large-cap scheme, adding limited gold exposure and adopting a separate SIP strategy for the Rs 25 lakh property goal.
MAS Financial Services reports 22% increase in Q2 net profit at 110 crore
Net interest income jumps 44.5% to 237 crore; loan book expands 31% to 12,156 crore as of September-end
Central government employees must contribute to the Unified Pension Scheme during probation, yet contributions during suspension are optional. The government continues contributions during suspension only if the employee opts to contribute as well. Employees on absence without pay are exempt from making any contributions at that time. Delayed contributions may be restored if the delay is not the subscriber's fault.
Indias gold ETFs managed Rs 1.86 lakh crore across 26 schemes as of September 2026, despite a monthly return correction of 4.78%. The market remained concentrated, with five leading schemes controlling 80.2% of assets, while one-year returns stayed positive at approximately 2628%.
Tax on capital gains from gold investment: Investing in gold can yield gains, but investors must be informed about the associated tax liabilities. Different types of gold investments, including physical gold, ETFs, and FoFs, have varying tax implications. Gold held for less than 24 months generates short-term capital gains, while long-term gains apply to gold held longer. Sovereign Gold Bonds (SGBs) have specific tax exemptions if held until maturity, which investors should note.
Dhanlaxmi Bank clocks 48.55-crore net profit in Q2 FY27
Operating profit for the period was 69.82 crore, against 28.19 crore in the same period of the last fiscal
Gold and Silver rate: Gold and silver indicative jewellery prices decreased today, but retail prices for 22k jewellery remained stable across various cities. The India Bullion and Jewellers Association provided updates on gold and silver rates for various purity levels.
ETMutualFunds shortlisted leading small-cap mutual funds using rolling returns, consistency, downside risk, outperformance and asset size. The list includes schemes from Axis, SBI, Kotak and Nippon India, with three-year rolling returns ranging from 24% to 33.5%. Small-cap funds are best suited to aggressive investors with a high risk appetite and a long investment horizon.
PM-KISAN 24th instalment update: How to check payment status and complete e-KYC to get 2,000
Diwali Special: How to review your mutual fund holdings & improve portfolio efficiency
Diwali serves as an ideal occasion for investors to examine their mutual fund portfolios and enhance efficiency. It is crucial to identify underperforming schemes and ensure alignment with financial goals and risk appetite. Investors should assess if poor performance is due to market conditions or inherent issues with the fund. New fund offers should be evaluated for portfolio suitability before investment.
Saving for your child in 2026? Compare SSY, PPF, SIPs and term cover before you invest
Compare SIPs, Sukanya Samriddhi Yojana (8.2%), PPF (7.1%), term insurance, health cover, gold ETFs and kids savings accounts, with a simple 5-step plan.
Best medium to long duration debt funds to invest in October 2026
According to Sebi norms, medium to long term funds have a mandate to invest in debt and money market instruments in such a way that the Macaulay's duration of the portfolio is four to seven years. Since these schemes invest in long-term debt instruments, they are considered risky.
Q2 Results Today, 29th October 2026 Live Updates: businessline brings to you latest Q2 announcements, earnings updates and more.
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8th Pay Commisssion newsThe 8th Pay Commission held its final meetings in Mumbai, focusing on salary and pension reform for central government employees. Associations have proposed an annual increment rate of 5-7%, aimed at counteracting inflation and enhancing salaries. If implemented, these adjustments could lead to substantial pay raises over the coming decade, with definitive figures pending in the forthcoming report from the Pay Commission.
