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RBI drains out 25,000 cr liquidity via OMO sale of G-Secs

The banking system had a surplus liquidity of 3,35,901 crore as of October 12

The Hindu Businessline 13 Oct 2026 8:48 pm

Passenger vehicle loans show shift towards premiumization

The average PV loan amount growingby 49%to 8.2 lakhand the average loan tenure increasingby five months to 62 monthsbetween the first half (HI) of 2019 and H1 of 2026

The Hindu Businessline 13 Oct 2026 8:39 pm

The best financial advice is often to do nothing, says Value Research CEO Dhirendra Kumar

Value Research CEO Dhirendra Kumar says good financial advice often means helping investors avoid unnecessary transactions and impulsive decisions. Speaking at the Global Financial Planners Summit Team 2026, he stressed the importance of financial education at home, disciplined investing and understanding products before making decisions with long-term financial consequences.

The Economic Times 13 Oct 2026 6:45 pm

ICICI Life Insurance Q2 net profit rises 25% to 374 crore on premiums

The insurer's net premium income rose 16.56 per cent to Rs 13,804 crore in Q2FY27, while value of new business grew 20.3 per cent to Rs 712 crore, with margins improving

Business Standard 13 Oct 2026 6:38 pm

UPI MDR rollout postponed until after Diwali; new date to be announced

The decision follows industry opposition and a legal challenge, with the Supreme Court seeking explanations from NPCI, RBI and the Centre

The Hindu Businessline 13 Oct 2026 6:20 pm

Average car loan size jumps 49% to 8.2 lakh as buyers shift to SUVs

TransUnion CIBIL data shows average passenger-vehicle loan sizes rose 49 per cent between H1 2019 and H1 2026, while repayment tenures increased by five months to 62 months

Business Standard 13 Oct 2026 5:47 pm

Woman applied for 130 shares in Adani Wilmar IPO, bank entered only 65; she sought Rs 40.63L compensation; gets relief in consumer commission

The woman had earlier appealed in the district commission which held that she did not qualify as a consumer and that the complaint was not maintainable on the ground that investment in shares is a commercial activity. Then why did she won in the State Consumer Commission? Find out in this article.

The Economic Times 13 Oct 2026 5:20 pm

'Earn 30% monthly': SBI warns how fraudsters can lure you with tempting offers and what you should do

Fraudulent investment schemes lure investors with the illusion of high returns and minimal risk. The State Bank of India (SBI) warns that scammers often apply undue pressure for quick investments, employing unusual payment methods to do so. These deceitful schemes are commonly endorsed by unknown social media influencers, giving them a false sense of credibility.

The Economic Times 13 Oct 2026 4:33 pm

Investing in small and mid caps? DSP Mutual Fund recommends SIPs or experienced fund managers

DSP Mutual Fund recommends investing in small- and midcap stocks through SIPs or experienced fund managers who have navigated multiple market cycles. Its latest analysis finds large caps more attractive on valuations, while elevated relative valuations in small and mid caps warrant caution despite their strong outperformance over the past year.

The Economic Times 13 Oct 2026 4:33 pm

How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?

How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the answer you need to read CBDT Instruction No. 1916.

The Economic Times 13 Oct 2026 4:18 pm

Average loan size for passenger vehicles rises 49% to 8.2 lakh in 7 years: TransUnion CIBIL

NBFCs continue to lead vehicle financing, accounting for 73% of two-wheeler loans and 37% of passenger vehicle loans

The Hindu Businessline 13 Oct 2026 4:14 pm

Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT Jaipur

Senior citizen sent income tax notice for Rs 65.27 lakh unexplained cash deposit, which was later proved to be pension and FD money; ITAT Jaipur order explained.

The Economic Times 13 Oct 2026 4:10 pm

RBI likely to take more measures to manage forex volatility: Sitharaman

The finance minister said the RBI's efforts to stabilise the rupee would continue, following measures to manage foreign exchange volatility as the currency faces pressure from external challenges

Business Standard 13 Oct 2026 3:37 pm

Hitachi Energy, E2E Networks, Anant Raj, other AI-linked stocks slide up to 5% as global AI rout hits Indian markets

Indian AI- and energy-linked stocks decline as a global technology sell-off deepens, with South Koreas KOSPI plunging amid intensifying competition in the AI sector. Investors reassess AI valuations following sharp losses in Asian semiconductor stocks.

The Economic Times 13 Oct 2026 2:49 pm

Inflation is up again; should you invest in FDs now or wait for interest rates to rise further? Check what a 1% hike means for your Rs 2 lakh FD

FD rate hike: In September 2026, retail inflation soared to 5.54%, sparking opinions about the possibility of interest rate hikes on fixed deposits. Analysts predict that the Reserve Bank of India may persist in raising the repo rate to combat persistent inflation. Investors must decide whether to invest now or postpone for possibly better FD rates.

The Economic Times 13 Oct 2026 2:43 pm

5-year FD vs NSC calculator: Check maturity senior citizens can get on Rs 2.5 lakh investment in NSC and FDs from SBI, HDFC Bank, PNB, ICICI Bank and others

For senior citizens eyeing steady income, evaluating National Savings Certificates against bank fixed deposits is crucial. Investing Rs 2.5 lakh in NSC yields a more favorable maturity amount than many bank FDs.

The Economic Times 13 Oct 2026 2:39 pm

Citi and Credendo close $328 million financing for 8 IndiGo aircraft

Transaction marks first Credendo-insured aviation financing globally and first ECA-backed deal through GIFT IFSC structure

The Hindu Businessline 13 Oct 2026 2:19 pm

How to invest Rs 2.5 cr for steady monthly income

The Economic Times 13 Oct 2026 2:04 pm

UPI payment fee roll-out postponed until after Diwali

The 0.4% charge for merchants on transactions exceeding 2,000 was scheduled to take effect on October 15

The Hindu Businessline 13 Oct 2026 1:56 pm

UPI MDR deferred until after Diwali, new date to be notified: NPCI

NPCI has postponed the levy of MDR on select UPI merchant transactions, originally due from October 15, while leaving the proposed fee structure unchanged

Business Standard 13 Oct 2026 1:45 pm

Can L10 employees get Rs 34 lakh extra pay in 10 yrs?

The Economic Times 13 Oct 2026 1:40 pm

Gold rate today (October 13, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities

GOld rate today: Gold prices for 22k jewellery have seen a decline across key cities, with brands like Tanishq and Malabar Gold adjusting their rates. Buyers are encouraged to verify prices before making purchases, especially during the festive period.

The Economic Times 13 Oct 2026 12:16 pm

Fintech funding rises 14% to $2.2 billion in Jan-Sep; deal count falls 41%: Tracxn

Funding in the first nine months of 2025 stood at $1.9 billion

The Hindu Businessline 13 Oct 2026 12:16 pm

Jeevan Pramaan 2026: How pensioners can submit life certificate online

Pensioners aged 80 and above can apply now; others can submit from November 1. Check the steps, documents needed and deadline.

Business Standard 13 Oct 2026 11:31 am

Fintech funding up 14% to $2.2 bn in Jan-Sep, deal count falls 41%: Tracxn

Indian fintech companies raised USD 2.2 billion in January-September 2026, up 14 per cent from a year earlier, even as the number of funding rounds fell 41 per cent, with five deals of USD 100 million or more making up nearly half the total, according to Tracxn. Funding in the first nine months of 2025 stood at USD 1.9 billion. The number of rounds dropped to 153 from 260 a year ago, the data intelligence platform said in a report. This year's funding is still only about 40 per cent of the peak of USD 5.5 billion recorded in the first nine months of 2021. The five largest rounds together brought in about USD 1.1 billion. CRED's USD 540 million Series H round in June, backed by Meta, alone accounted for about a quarter of all funding. The others were KreditBee's USD 220 million Series E in April, Weaver's USD 103 million Series B in March, Slice's USD 100 million Series D in September and Navi's USD 100 million Series C in August. Late-stage funding, which includes Series C and lat

Business Standard 13 Oct 2026 10:40 am

RBI extends forex risk reserve requirement to banks' own hedging contracts

The central bank has mandated a 20 per cent reserve on eligible rupee derivative contracts used by authorised dealers to hedge their own currency risks, without a minimum transaction threshold

Business Standard 13 Oct 2026 10:33 am

RBI widens ambit of forex risk reserve requirement, tightens NDF rules

The first set of new rules mandated that banks make a 20% cash deposit with the RBI for FX derivatives used by their clients to hedge current-account exposures

The Hindu Businessline 13 Oct 2026 9:43 am

RBI tightens rupee derivatives rules, widens 20% cash reserve requirement

The move is the latest in a slew of measures announced by the central bank since Saturday aimed at supporting the rupee, which has been falling due to steep oil prices and capital outflows

Business Standard 13 Oct 2026 7:39 am

Investors shrug off bear party, put big money into equity mutual funds

Equity mutual fund inflows reached a five-month high in September with 38,306.55 crore invested. Small-cap and mid-cap funds attracted significant interest from investors despite market instability. Debt funds faced substantial outflows of 1.83 lakh crore primarily from liquid and money market schemes. The industry's total assets under management decreased by 5.1% as of September 30. Gold ETFs saw inflows surge to 4,451 crore amid increased investor interest in safe-haven assets.

The Economic Times 13 Oct 2026 5:31 am

Bank of India classifies Kishore Biyani-promoted Future Enterprises account as fraud

The public sector lender disclosed the classification in a regulatory filing, citing its policy on determining and disclosing material events and information

The Hindu Businessline 12 Oct 2026 9:38 pm

OnMeta, QazPost tie-up for digital payments infra in Kazakhstan

The partnership brings together QazPosts nationwide distribution network and OnMetas rapidly growing digital payments infrastructure at significant scale

The Hindu Businessline 12 Oct 2026 9:27 pm

Banks seek operational guidelines on maintaining Foreign Exchange Risk Reserve with RBI

The FERR has been introduced as part of RBIs measures to curb speculation and contain volatility in the forex market

The Hindu Businessline 12 Oct 2026 9:08 pm

Rupee perks up 96 paise on RBIs weekend measures

The last time the INR had a better opening than todays was on February 3, 2026, when it opened 111 paise stronger at 90.40 per USD against previous close of 91.51

The Hindu Businessline 12 Oct 2026 8:55 pm

IRDAI may extend consultation, implementation timelines for distribution reforms

With the Oct 25 feedback deadline likely to stretch, regulators may widen chats and roll out changes in steps after the next financial year

The Hindu Businessline 12 Oct 2026 8:54 pm

RBL Bank PAT doubles to 481.7 crore on FCNR(B) boost in Q2FY27

Net interest income increased 37.4 per cent to 2131 crore

The Hindu Businessline 12 Oct 2026 8:28 pm

CBI court orders proclamation against Jatin Mehta in 146.35 crore Canara Bank fraud case

The court said the accused remained untraceable despite earlier warrants, while allowing the agency to pursue proclamation proceedings to secure their presence

The Hindu Businessline 12 Oct 2026 7:54 pm

NFO Alert: Invesco Mutual Funds SummitSIF launches active asset allocator long-short fund

Invesco Mutual Funds Summit SIF has launched the Summit Active Asset Allocator Long-Short Fund, an interval investment strategy offering exposure to multiple arbitrage opportunities across equities, debt, indices, commodities and special situations. The new fund offer is open for subscription until October 26, with a minimum investment of Rs 10 lakh for investors.

The Economic Times 12 Oct 2026 6:24 pm

HDFC Bank offers up to Rs 70,000 savings on credit cards

The Economic Times 12 Oct 2026 6:23 pm

Tenant to pay Rs 24 lakh for unauthorised stay after failing to prove landlords sought eviction without returning Rs 10 lakh security amount: Delhi HC order

Tenant ordered to pay Rs 24 lakh for unauthorised stay after failing to prove landlords wanted to evict without giving back Rs 10 lakh security amount; Delhi HC order explained.

The Economic Times 12 Oct 2026 4:48 pm

28 mutual fund NFOs raise over Rs 2,700 crore in September; Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund leads

Indian mutual funds launched 28 open-ended NFOs in September, collecting Rs 2,708 crore according to AMFI data. Equity and index categories led collections, driven by strong investor interest in sector-specific offerings, including the Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund which raised Rs 544 crore.

The Economic Times 12 Oct 2026 3:40 pm

Viyona Fintech expands opeartions to Zimbabwe

The move aligns with the upcoming rollout ofViyona Tap & Pay, an NFC-based SoftPOS solution designed to turn commercial Android smartphones into contactless payment terminals

The Hindu Businessline 12 Oct 2026 3:28 pm

SBI Jeevan Pramaan submission process: Different ways how SBI pensioner account holders can submit life certificate

Pensioners who rely on the State Bank of India for their pensions have several options to submit their life certificates. Those who are 80 years old or older should do so in October 2026, while others can submit theirs between November 1 and 30. For ease, submissions can be made digitally via the Jeevan Pramaan portal or the UMANG app.

The Economic Times 12 Oct 2026 3:21 pm

Mid, smallcap mutual funds see inflows jump in September, large-caps return after 2 months. Is investor confidence holding up despite market decline?

Despite market corrections in September, small and midcap mutual funds recorded strong monthly inflows of Rs 9,038 crore and Rs 7,834 crore respectively. Largecap funds also returned to positive territory with Rs 859 crore in inflows, signaling strong investor confidence and strategic value buying across all capitalisations.

The Economic Times 12 Oct 2026 3:18 pm

Dolly Khanna portfolio: Ace investor sells 4 lakh shares of Chennai Petroleum in Q2, stock up 82% in one year

Ace investor Dolly Khanna trimmed her stake in Chennai Petroleum Corporation by around 3.85 lakh shares in Q2 FY27. The stock has delivered multibagger returns over three and five years, despite recent monthly weakness.

The Economic Times 12 Oct 2026 2:43 pm

Financial services deal value jumps 129% to $7.3 bn on IPOs, big-ticket M&A

Excluding IPOs and QIPs, M&A and PE/VC activity comprised 58 transactions worth $3 billion.

Business Standard 12 Oct 2026 2:40 pm

Has government imposed 5% GST on e-commerce delivery services ahead of Diwali? Income Tax Dept says this

Recent speculation on social media suggests that a new GST has been introduced for e-commerce delivery services. However, the Press Information Bureau has clarified that instead, the GST rate has been lowered from 18% to 5%. This amendment was part of the 57th GST Council meeting recommendations, aiming for a standardized tax structure.

The Economic Times 12 Oct 2026 2:27 pm

FIIs cut stakes in 12 stocks in September quarter; shares fall up to 27% in 3 months

FIIs reduced stakes in 36 of 68 BSE 500 companies reporting September-quarter shareholding data. Twelve stocks fell up to 27% over three months as foreign investors trimmed holdings.

The Economic Times 12 Oct 2026 1:30 pm

Ashok Leyland partners with Tamilnad Mercantile Bank for providing vehicle finance facilities

Under this partnership, TMB will be able to provide end-to-end financial solutions to the customers of Ashok Leyland

The Hindu Businessline 12 Oct 2026 1:15 pm

Parag Parikh Flexi Cap Fund: Bharti Airtel, Indus Towers and Petronet LNG among 13 stocks bought in September

Parag Parikh Flexi Cap Fund added 13 stocks and exited The Great Eastern Shipping Company in September. Its portfolio shrank to 33 stocks, while cash, debt, money market instruments and arbitrage positions accounted for 9.77% of holdings.

The Economic Times 12 Oct 2026 1:12 pm

Banks seek RBI relief, clarity on India's latest rupee-defence measures: Report

Banks have approached the Reserve Bank of India to request changes to the 20% cash deposit mandate. They propose that a flat charge replaces the deposit requirement for current-account hedging. This change could improve liquidity while ensuring cost transparency for businesses. Lenders also highlighted concerns over the $2 million threshold, which complicates hedge tracking. Clarity is needed regarding the deposit requirement for hedges related to interest payments on foreign loans.

The Economic Times 12 Oct 2026 12:29 pm

FD rate cut from 7.75% to 3.5%; Delhi HC rejects it

The Economic Times 12 Oct 2026 12:17 pm

Gold rate today: 24k vs 22k vs 20k vs 18k price

The Economic Times 12 Oct 2026 12:09 pm

Equity mutual fund inflows jump 31% MoM to Rs 38,306 crore in September; smallcap funds log record collection

In September, equity mutual fund inflows surged by 31% month-on-month, totaling Rs 38,306 crore. Smallcap mutual funds notably drew in record inflows of Rs 9,038 crore for the third month straight. Conversely, debt funds experienced a considerable outflow of Rs 1.83 lakh crore. Mid cap and flexi cap funds also enjoyed significant inflows, while ELSS funds continued their streak of net outflows for the 14th consecutive month.

The Economic Times 12 Oct 2026 12:01 pm

Two health insurance policies, one hospital bill: Heres how to claim the unpaid hospital bill from the second insurer

Navigating health insurance claims can be tricky, especially when you have multiple policies. If your hospital bill exceeds your coverage, understanding how to leverage both policies effectively is key. Discover the guidelines from IRDAI, the claiming process, and essential tips to avoid common pitfalls when filing claims with two insurers.

The Economic Times 12 Oct 2026 10:47 am

MF Tracker: Mirae Asset NYSE FANG+ ETF FoF tops 5-year CAGR charts with 39% returns. Can the rally last?

The Mirae Asset NYSE FANG+ ETF FoF has delivered an impressive five-year CAGR of around 39%, clearly outpacing its peers, particularly during the US tech stock surge. However, 2022 marked a considerable downturn for the fund, prompting experts to recommend caution with international investments, given rising premiums and fluctuating markets. For optimal long-term outcomes, investors should consider a well-balanced domestic equity portfolio.

The Economic Times 12 Oct 2026 10:40 am

Upping of daily CRR maintenance requirement could lead to small dilution in banks interest margins: Jefferies

In line with the change in MPC stance to calibrated tightening, RBI raised daily CRR from 90% to 99%

The Hindu Businessline 12 Oct 2026 10:27 am

UPI MDR may push costs onto consumers despite surcharge ban: IIT Bombay report

The revised fee framework for Unified Payments Interface (UPI) transactions could indirectly burden consumers through higher retail prices, even as merchants are barred from directly passing on the charges, an IIT Bombay report has warned, calling for changes to the proposed model. The report estimates that the Merchant Discount Rate (MDR) framework could generate around Rs 18,000 crore annually for payment service providers. However, it argues that businesses may incorporate the additional expense into their general selling prices to protect profit margins, potentially making even customers undertaking transactions below Rs 2,000 bear part of the cost.

devdiscourse 12 Oct 2026 8:25 am

Diwali Sale 2026: How to save on fridges and ACs

Online sales of big appliances are growing at 25% as the festive sales begin. With prices rising and bank offers everywhere, here is how to decide where to buy, and which card can cut your bill.

The Economic Times 12 Oct 2026 6:30 am

Good time to increase equity allocation: UTI AMC CEO

Vetri Subramaniam took over as Managing Director (MD) and Chief Executive Officer (CEO) of UTI Asset Management Company in February this year. In this discussion with Sanket Dhanorkar, he shares his market outlook and the fund houses strategy to improve performance.

The Economic Times 12 Oct 2026 6:30 am

How to prepare for a market crash after retirement

Four retirees tell us how they planned for a market fall long before it came.

The Economic Times 12 Oct 2026 6:30 am

How IRR reveals the real impact of investment timing

The timing of investments and withdrawals can change investment returns. IRR helps measure that impact.

The Economic Times 12 Oct 2026 6:30 am

Repo rate hike: How to reduce your home loan burden

Extending the tenure instead of raising EMIs will push up the interest outgo on your home loan.

The Economic Times 12 Oct 2026 6:30 am

GST reforms: Simpler compliance, lower litigation

The latest changes proposed by the GST Council will help cut costs and ease cash flow for companies.

The Economic Times 12 Oct 2026 6:30 am

Sebis colour-coded Credit Risk-o-Meter for bonds

Sebi has mandated a new colour-coded Credit Risk-o-Meter for all debt securities. This tool aims to provide transparent risk assessment to investors prior to investments. It categorizes risk levels with distinct colors representing credit ratings. Additionally, issuers must comply with standardized disclosures regarding unsecured bonds. This initiative is expected to enhance investor understanding and facilitate informed decision-making in the bond market.

The Economic Times 12 Oct 2026 6:30 am