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RBI unlikely to raise interest rates soon amid declining crude oil prices, say experts

The MPC projected Indias real GDP growth for 2026-27 at 6.6% while revising Consumer Price Inflation (CPI) upward to 5.1%, with inflation expected to peak at 5.9% in the third quarter

The Hindu Businessline 22 Jun 2026 3:21 pm

Navi Flexi Cap among 5 flexicap funds with highest cash holding. Check details

Five equity funds held over 50% of their portfolios in cash in May, led by Samco Flexi Cap Fund at 62.4%, reflecting a cautious stance and liquidity preparedness.

The Economic Times 22 Jun 2026 3:19 pm

Top 7 mutual fund managers manage at least Rs 2 lakh crore AUM. Check details

The top seven mutual fund managers each oversee at least Rs 2 lakh crore in assets under management as of May 2026, according to ACE MF data. The list is led by managers from ICICI Prudential, SBI Mutual Fund and HDFC Mutual Fund, highlighting concentration among Indias largest fund houses.

The Economic Times 22 Jun 2026 2:52 pm

Income Tax AY 2026-27: Even if your salary income is below Rs 12.75 lakh, you still need to pay tax for these incomes

Income Tax AY 2026-27: Salaried individuals earning up to Rs 12.75 lakh annually may enjoy zero tax liability due to enhanced Section 87A rebate and standard deduction, but filing an ITR is crucial. However, this rebate doesn't apply to special incomes like capital gains, Virtual Digital Assets (VDAs), and lottery winnings, which are taxed at specific rates.

The Economic Times 22 Jun 2026 2:47 pm

Rather than picking IPOs every month, let a fund do it for you: Radhika Gupta on Edelweiss Recently Listed IPO Fund

IPO investing is gaining traction, but picking winning stocks is tough for individuals. Edelweiss Mutual Fund CEO Radhika Gupta suggests their Recently Listed IPO Fund as a solution. This professionally managed portfolio focuses on new listings, offering diversification and potential post-listing gains. While acknowledging potential volatility due to mid-to-micro cap exposure, Gupta recommends SIPs for smoother navigation of market ups and downs.

The Economic Times 22 Jun 2026 2:22 pm

Aadhaar email update to be free via mobile app from July 1; UIDAI waives Rs 75 fee for six months

The Unique Identification Authority of India (UIDAI) is making email address updates via the Aadhaar mobile app free for six months, from July 1 to December 31, 2026. This move aims to encourage users to keep their contact information current for important notifications. Currently, a Rs 75 fee applies for this service. The waiver is exclusively for updates made through the Aadhaar mobile application.

The Economic Times 22 Jun 2026 1:44 pm

8th Pay Commission latest news: Can 8th CPC submit its report before Mid-2027 as Lucknow meetings begin?

8th Pay Commission news: Central government employees are anticipating the 8th Pay Commission's report, with some associations suggesting an early submission by January 2027 and potential salary hikes from April. Despite a November 2025 formation and an 18-month deadline ending May 2027, the commission's swift pace, aided by online processes, fuels optimism for a quicker payout. However, some experts believe a second-half 2027 submission is more probable.

The Economic Times 22 Jun 2026 12:26 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (June 22, 2026) at IBJA, Malabar Gold & Diamonds, Tanishq, Joyalukkas and Kalyan Jewellers

Gold rate today: Gold prices saw a slight uptick today, June 22, 2026, with 22k gold jewellery at Tanishq priced at Rs13,475 per gram. Major retailers like Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas also reflect similar rates.

The Economic Times 22 Jun 2026 11:43 am

Vedanta Aluminium set for largecap upgrade in H2 CY26; power, oil & gas arms may turn smallcaps

Vedanta Aluminium is likely to be upgraded to the large-cap category in AMFIs H2 CY26 semi-annual reshuffle, while Vedanta Power, Oil & Gas, and Iron & Steel may be classified as smallcaps after the demerger, according to Nuvama Institutional Equities. AMFI may also revise market-cap cut-offs, raising the large-cap threshold and adjusting mid-cap limits based on prevailing valuations.

The Economic Times 22 Jun 2026 11:42 am

Global banks drive India asset-backed securities sales to record

Foreign banks share in total issuance grew to about 35% in the year ended March, from 28% to 30% in each of the preceding two fiscal years

The Hindu Businessline 22 Jun 2026 11:21 am

Husband trades through wifes demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him relief

A husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading using his wife's demat account and gifting her Rs 1.15 crore, the tax department argued the Rs 1.95 crore loss, including Rs 80 lakh from her own funds, was hers alone.

The Economic Times 22 Jun 2026 11:15 am

Physicswallah among top 5 smallcap stocks that saw highest mutual fund selling in May

Five smallcap stocks, including MRPL, Kaynes Technology, Wockhardt, GE Shipping and Physicswallah, saw the highest mutual fund net selling in May, according to Motilal Oswal Financial Services data, reflecting notable institutional exit trends.

The Economic Times 22 Jun 2026 10:57 am

Wife refused to leave sister-in-laws house after husband moved out; Delhi HC orders her eviction

A Delhi High Court ruling has affirmed a woman's eviction from her sister-in-law's inherited property. The court stated that once a husband loses his right to reside in his sister's house, his wife cannot claim a right to stay there. The sister-in-law, the sole owner via her mother's will, had permitted her brother and his wife to live there.

The Economic Times 22 Jun 2026 10:46 am

Smallcap funds beat all equity mutual fund categories over 3 months. Should investors change SIP strategy?

Smallcap funds have emerged as the best-performing equity mutual fund category over the last three months, delivering an average return of 16.94%, according to ETMutualFunds. The rally follows an earlier correction and has been supported by improving earnings, strong liquidity, and renewed investor interest. However, the sharp gains have also sparked debate on whether investors should buy, hold, or book profits at current levels.

The Economic Times 22 Jun 2026 9:25 am

Best corporate bond mutual funds to invest in June 2026

Investors seeking relatively safe debt options for near-term or three-year-plus goals can consider corporate bond funds in June 2026. These funds invest primarily in top-rated corporate papers, offering greater safety than credit risk or gilt funds. While interest rate sensitivity and past defaults warrant caution, these recommended funds provide a stable avenue for investment. The article highlights key funds and the methodology behind their selection.

The Economic Times 22 Jun 2026 9:22 am

8 ITR filing mistakes to avoid this tax season

The I-T Departments growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax return filing more important than ever.

The Economic Times 22 Jun 2026 6:30 am

You make money when markets stay noisy: Axis MF CEO

Axis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy involving some of its key ex-personnel, and facing an extended period of underperformance in its equity funds. As it emerges out of the storm, its MD and CEO, B. Gopkumar, tells Sanket Dhanorkar how the fund house is putting things in order and why he believes the worst is behind them for their equity strategies.

The Economic Times 22 Jun 2026 6:30 am

Bitcoins 50% fall: Buy the dip or stay away?

Investors must weigh extreme volatility, uncertain cycles and Indias harsh tax rules before adding exposure.

The Economic Times 22 Jun 2026 6:30 am

Power stocks surge on demand revival, investments

Rising electricity demand and a strong investment cycle lift outlook for power companies.

The Economic Times 22 Jun 2026 6:30 am

Why a good manager matters in your career

You cant pick the manager, but he could decide your career, says Devashish Chakravarty.

The Economic Times 22 Jun 2026 6:30 am

NRIs can now earn up to 7% on dollar deposits

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

The Economic Times 22 Jun 2026 6:30 am

Moderate health claims experience for most Indians

Policybazaar's latest Health Claims Experience Index reveals that while cashless claims are preferred, the overall process needs significant enhancement. Many policyholders opt for reimbursement due to perceived delays in cashless approvals, leading to financial strain. Key pain points in reimbursement include delays and rejections, with customers seeking simpler forms and readily available hospital lists for a smoother experience.

The Economic Times 22 Jun 2026 6:30 am

Microcaps shine as largecaps falter in 2026

Welcome to TrendMap, your quick guide to the performance of different investment segments. No single segment always leads. In this edition, we present a 10-year equity performance tracker, ranking annual returns across market-cap segments. Investors risk appetite has turned more selective in 2026 so far. By Sameer Bhardwaj.

The Economic Times 22 Jun 2026 6:30 am

Started investing late? Cover your risks first

Ashish Mishra is currently focussing on two primary financial goals his childs education and an early retirement at 51. Heres what the doctor has advised him.

The Economic Times 22 Jun 2026 6:30 am

ITR filing FY 2025-26: New rules, forms, deadlines

The deadline for filing income tax returns for FY2025-26 has arrived, with new rules and forms in effect. Notably, ITR 3 and ITR 4 filings now have a staggered deadline of August 31st, offering some relief. Significant changes include updated disclosure requirements for Futures & Options trading and revised capital gains tax reporting, signaling a move towards more data-driven scrutiny by the tax department.

The Economic Times 22 Jun 2026 6:30 am

How DTAA helps taxpayers avoid double taxation

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 108th part of this series, Riju Mehta explains how the Double Taxation Avoidance Agreement helps taxpayers.

The Economic Times 22 Jun 2026 6:30 am

Markets will remain noisy. Thats how you make money: Axis MFs CEO & MD B. Gopkumar on SIPs, volatility and investing

Axis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy involving some of its key ex-personnel, and facing an extended period of underperformance in its equity funds. As it emerges out of the storm, its MD and CEO, B. Gopkumar, tells Sanket Dhanorkar how the fund house is putting things in order and why he believes the worst is behind them for their equity strategies.

The Economic Times 22 Jun 2026 6:30 am

SBI-Telangana face-off Over 5-acre land in Hyd raises stakes for both sides

SBI on Friday secured a stay from the Telangana High Court on the auction of the land by the Telangana Industrial Infrastructure Corporation (TGIIC), which had earlier allotted the property to the bank.

The Hindu Businessline 21 Jun 2026 10:04 pm

RBI overhauls Lead Bank Scheme after review, issues new guidelines

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines, released on June 19, aim to enhance credit flow to priority sectors and improve access to financial services. A three-tier committee structure has been introduced to strengthen coordination between banks and government agencies, with Lead Banks now appointing dedicated managers to oversee scheme implementation across all districts.

The Economic Times 21 Jun 2026 9:58 pm

India remains ADB's largest private sector market; lender eyes $1 bn direct support in 2026

ADB to focus on clean energy, green hydrogen, e-mobility and green data centres as key segments

The Hindu Businessline 21 Jun 2026 3:30 pm

Lenskart Solutions among top 5 midcap stocks with highest mutual fund buying in May

Mutual funds showed significant interest in midcap stocks during May, with Lenskart Solution leading the pack in net buying. JSW Energy, Billionbrains, Yes Bank, and Premier Energies also saw substantial inflows. This trend highlights a strategic shift by fund managers towards these growing companies, indicating potential investment opportunities for the broader market.

The Economic Times 21 Jun 2026 10:29 am

Fathers Day 2026: How fathers can build financial independence and generational wealth through mutual funds

Fathers can build financial independence and generational wealth through strategic mutual fund investments, experts advise. Starting early, ideally in the late 20s or early 30s, leverages compounding for a robust retirement corpus. For legacy wealth, a higher equity allocation is recommended, focusing on long-term growth. Avoiding common mistakes like delaying retirement planning and keeping too much in low-yield fixed deposits is crucial.

The Economic Times 21 Jun 2026 10:20 am

NFO Watch: 3 mutual funds will open for subscription this week. Check dates and key details

Three new mutual funds are set to open for subscription this week, offering investors fresh options across passive and active strategies. The launches include Tata Multi Sector Passive FoF, HDFC Nifty Auto Index Fund and JM Multi Asset Allocation Fund. Investors should align fund selection with financial goals.

The Economic Times 21 Jun 2026 10:18 am

Equity mutual funds fell upto 6% last week. Check top 5 laggards

Equity mutual funds experienced a downturn last week, with some correcting up to 6%. International funds were particularly hard hit, with the DSP World Mining Overseas Equity Omni FoF leading the decline at nearly 5.81%.

The Economic Times 21 Jun 2026 10:07 am

H P Singh and Roy Varghese elected as new members on board of Sa-Dhan

Following the elections, the board was reconstituted with K Paul Thomas, Managing Director and Chief Executive Officer of ESAF Small Finance Bank, as chairperson

The Hindu Businessline 20 Jun 2026 5:59 pm

PhonePe wallet inactivity fee explained: No impact on UPI payments or bank accounts

PhonePe has clarified rules around dormant prepaid wallets after users raised concerns over inactivity charges. The company said wallet balances, UPI transactions and linked bank accounts follow separate systems with different operating rules

The Hindu Businessline 20 Jun 2026 3:19 pm

New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefit

New labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security benefits. This standardized format, previously limited to certain sectors, now extends to all, reducing ambiguity and disputes. Employees in informal sectors stand to gain significantly from this move towards greater transparency and formalization of employment terms.

The Economic Times 20 Jun 2026 2:15 pm

Top 7 flexi cap mutual funds to invest in June 2026

The Economic Times 20 Jun 2026 11:04 am

22k gold rate today: Check 24k, 22k, 18k gold prices (June 20, 2026) at Tanishq, Joyalukkas, Kalyan Jewellers, Malabar Gold & Diamonds and IBJA

Gold rate today: Gold prices have seen a dip this week following a de-escalation in global tensions. As of June 20, 2026, 22k gold rates at major retailers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas remain stable.

The Economic Times 20 Jun 2026 10:30 am

Retirement savings gap after a career break? Expert shares how to recover without taking big risks

Career breaks, common for women, can impact retirement savings. Experts advise accepting the situation and implementing a catch-up plan by temporarily increasing investments. Utilizing bonuses and reviewing portfolios for better returns are key. While aiming for higher gains, avoid excessive risk. Disciplined investing and strategic cash-flow management can help bridge the gap and secure financial independence.

The Economic Times 20 Jun 2026 10:21 am

Husband hides real age on matrimony site, claims to be 37 instead of 44, leading to incorrect horoscope match; HC grants wife divorce for this reason

The Telangana High Court gave relief to a wife by granting her divorce after it was found that her husband had misrepresented his age which resulted in her parents incorrectly matching their horoscope. The high court observed that due to this false fact about his date of birth and also the horoscope matching, she mistakenly believed that both of them were compatible with each other.

The Economic Times 20 Jun 2026 8:00 am

FD rate up to 8.05% for senior citizens investing for five years; Know list of banks

Senior citizens can now secure fixed deposit rates as high as 8.05% for a five-year term with select small finance banks. While these attractive rates are available, investors should be aware of the DICGC insurance limit of Rs 5 lakh. The article also clarifies TDS rules on FD interest, explaining how senior citizens can avoid deductions by submitting Form 15H if their total income falls below taxable limits.

The Economic Times 20 Jun 2026 7:11 am

Saturday bank holiday: Are banks open or closed today on June 20, 2026?

Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are digital, certain transactions like account opening, signature updates, and large cash movements still necessitate a branch visit.

The Economic Times 20 Jun 2026 7:00 am

NRI credit cards: Rewards and lounge access arent everything, what more NRIs should know before getting an Indian credit card

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL score for future borrowing and simplifying rupee-denominated expenses. While unsecured cards are increasingly available, understanding forex charges, repayment mechanisms, and FEMA compliance is vital before applying.

The Economic Times 20 Jun 2026 6:30 am

RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

Banks to offer higher interest rates on deposits as they will be able to deploy the full deposit proceeds as loans

The Hindu Businessline 19 Jun 2026 8:44 pm

RBIs seeks daily data from banks under its limited period measures to attract foreign capital

Foreign capital measures, including FCNR deposits, ECBs, and OFCBs, to attract investment

The Hindu Businessline 19 Jun 2026 8:38 pm

Zerodha Capital loan book jumps past 580 crore as profit rises

Zerodha Capital's total income increased to 53.5 crore in FY26 from 37.1 crore a year earlier, while total assets rose to 641 crore from 433 crore

The Hindu Businessline 19 Jun 2026 8:17 pm

Home loan insurance: Protecting the dream home without paying more than you need to

Home loan insurance is emerging as an important financial safeguard for Indian homebuyers, helping families manage outstanding loan liabilities in unforeseen circumstances. With rising homeownership and larger loan sizes, more borrowers are actively seeking protection solutions that offer both affordability and flexibility. The article explores the benefits of home loan insurance, evolving consumer preferences, and the growing importance of transparency and choice. It also highlights recent regulatory measures aimed at strengthening consumer rights and preventing mis-selling.

The Economic Times 19 Jun 2026 7:10 pm

The Latest Home Loan Interest Rates: Jun 19, 2026

The Latest Home Loan Interest Rates: Jun 19, 2026

The Hindu Businessline 19 Jun 2026 7:00 pm

The Latest Fixed Deposit Interest Rates: Jun 19, 2026

The Latest Fixed Deposit Interest Rates: Jun 19, 2026

The Hindu Businessline 19 Jun 2026 7:00 pm

Gold and silver prices have fallen up to 12% this month; is it time to buy?

Gold and silver prices have dropped sharply this month as easing Iran-US tensions dampened safe-haven demand. Experts advise existing investors to avoid panic selling, as the long-term outlook remains positive. New investors can use the correction to invest gradually through SIPs in ETFs, while maintaining a 10-15% portfolio allocation to precious metals.

The Economic Times 19 Jun 2026 5:10 pm

Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in HDFC Bank, RIL and 29 others in May

Sunil Singhania-backed Abakkus Flexi Cap Fund significantly increased its holdings in HDFC Bank and Reliance Industries during May. The fund also added substantial stakes in Edelweiss Financial Services, The Federal Bank, Tata Steel, and Urban Company, among 29 other stocks. No stocks were reduced or exited, maintaining a portfolio of 49 scrips across 23 sectors.

The Economic Times 19 Jun 2026 3:44 pm

Has Form 168 replaced Form 26AS for FY 25-26? Here's what taxpayers need to know for ITR filing

Form 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, effectively superseding the traditional Form 26AS. This new form consolidates all tax-related and financial transaction data linked to your PAN, offering a holistic view of your tax compliance. It's automatically generated, so taxpayers don't need to file it.

The Economic Times 19 Jun 2026 3:01 pm

ICICI Prudential and SBI Mutual Fund among 4 AMCs to receive over Rs 10,000 crore inflows from top30 cities in May

Four mutual fund houses, Axis, ICICI Prudential, SBI, and Nippon India, attracted over Rs 10,000 crore each from T30 cities in May, boosting monthly AAUM and highlighting strong investor participation.

The Economic Times 19 Jun 2026 2:28 pm

Mirae Asset Mutual Fund: RIL, Infosys and SBI among top 10 stock holdings in May

Mirae Asset Mutual Funds May 2026 portfolio shows HDFC Bank, ICICI Bank, RIL, SBI and Infosys among its top holdings. While allocations remained largely stable, select stocks saw marginal changes in weight. The fund house managed Rs 2.31 lakh crore in assets across 96 schemes during the month.

The Economic Times 19 Jun 2026 2:23 pm

Wealth wisdom of the day: It takes great deal of boldness and caution to make a great fortune; and when you have got it... Nathan Mayer Rothschilds famous quote hides a big learning

While individuals take numerous steps to multiply their wealth to build a notable fortune, little do they plan for what to do next. For someone who has become rich, it would be hard to resist the demands because of the simple reasonthey can now afford things.

The Economic Times 19 Jun 2026 2:12 pm

NRE vs NRO income tax rules: How these NRIs, OCIs can save up to Rs 20,500 on $10,000 FD investment

NRIs can significantly reduce tax on NRE deposits in India, as this income is tax-exempt. While NRO account interest is taxable in India, NRIs can leverage Double Taxation Avoidance Agreements (DTAAs) to potentially lower their tax burden or claim credits in their country of residence, avoiding double taxation.

The Economic Times 19 Jun 2026 12:43 pm

HDFC Mutual Fund: RIL, Tata Motors and TCS among stocks bought and sold in May

HDFC Mutual Fund increased exposure to Tata Motors, HDFC Bank and Eternal while trimming holdings in Infosys, ITC and Adani Ports, with Garware Technical Fibres emerging as its sole new portfolio addition in May.

The Economic Times 19 Jun 2026 12:31 pm

HDFC Bank shares in focus as stock turns ex-dividend; board extends Keki Mistrys tenure as chairman

The stock traded at 779.35 on the NSE at 11.36 am, after opening at 788.70 against its previous close of 799

The Hindu Businessline 19 Jun 2026 12:09 pm

ITR-3 release date: Who should file this income tax return form as I-T Department enables online filing, Excel utilities for it

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27. This form is for individuals and HUFs with business or professional income. Taxpayers not eligible for simpler forms must use ITR-3. The due date for salaried individuals is July 31, 2026.

The Economic Times 19 Jun 2026 11:50 am

NFO Alert: Zerodha Fund House launches 2 target-date Life Cycle funds

Zerodha Fund House has launched Indias first target-date Life Cycle Fund series, offering two schemes: 2036 and 2041 maturities. The NFO is open till July 7, with continuous subscription to follow. Built on a rule-based approach, the funds dynamically adjust asset allocation over time and aim to serve investors across different life stages and long-term goals.

The Economic Times 19 Jun 2026 10:26 am

Short-bond rally faces risks from cash drain, analysts say

DBS Bank Ltd. expects the central bank to deploy a stronger tool in August by requiring banks to keep a larger proportion of deposits with the RBI

The Hindu Businessline 19 Jun 2026 9:58 am

MF Tracker: Nippon India Small Cap Fund tops all equity funds over 10 years. Is it too late to invest?

Nippon India Small Cap Fund has topped all equity funds over a decade, delivering a 20.94% CAGR. Despite recent underperformance, its long-term stock-picking prowess and diversification have driven superior risk-adjusted returns. Experts advise caution on lump-sum investments due to elevated valuations, favoring SIPs for long-term wealth compounding.

The Economic Times 19 Jun 2026 9:40 am

Best banking & PSU mutual funds to invest in June 2026

Banking and PSU debt funds offer a relatively safe investment avenue for investors looking for a few years. These schemes primarily invest in debt instruments of banks and public sector undertakings, which are largely government-backed, minimizing credit risk. While interest rate fluctuations can impact returns, these funds are generally better positioned due to shorter duration investments.

The Economic Times 19 Jun 2026 9:15 am

Steering wheel malfunction in new car leads to accident during family trip; owner fights and wins Rs 18.23 lakh refund, Rs 4 lakh compensation in consumer forum

A car buyer has won a significant victory after a nearly three-year legal battle. His seven-month-old MG CVT automatic car experienced Electronic Steering Column Lock failure, leading to a jammed steering wheel and an accident. The North Delhi Consumer Commission has ordered MG Motors to refund the car's purchase price of Rs 18.

The Economic Times 19 Jun 2026 7:11 am

Tokenised gold: A new way to invest in gold or a risky bet? What Indian investors need to know before investing

Tokenised gold is emerging as a new investment option in India. It uses blockchain to represent physical gold digitally. Investors can trade tokens easily, even in small amounts. However, this new product lacks regulation and faces high taxes. Experts advise caution and suggest it as an experimental investment.

The Economic Times 19 Jun 2026 6:30 am

RBL Banks board reconstituted following Emirates NBD Bank taking majority stake

This will enable RBL Bank to be positioned as a leading large bank, going ahead

The Hindu Businessline 18 Jun 2026 9:08 pm

SBI sets out digital, green growth path; Govt earns 8,800 crore dividend

SBI outlines a digital, sustainable growth strategy, pays an 8,800 crore dividend for the government amid strong profitability

The Hindu Businessline 18 Jun 2026 8:50 pm

SBI Board approves 60,000 crore fundraising plan for FY27

SBI has been actively tapping the bond market in recent months as part of its capital planning

The Hindu Businessline 18 Jun 2026 7:52 pm

Sify Infinit Spaces secures sustainability-linked loan of $70 million from IFC

IFC will also work with SISL to mobilizse up to $300 million to support the companys growth and expansion in India

The Hindu Businessline 18 Jun 2026 7:48 pm

Mistrys tenure as HDFC Banks interim Part-time Chairman extended by 3 months

Mistry was brought in as Atanu Chakraborty tendered his resignation as the PT Chairman and Independent Director of HDFC Bank on March 17, 2026.

The Hindu Businessline 18 Jun 2026 7:27 pm

IRDAI forms AI working group to guide insurers

The proposed regulations provide for consultation with the Insurance Advisory Committee in accordance with the provisions of the IRDA Act, 1999

The Hindu Businessline 18 Jun 2026 7:08 pm

Muthoot Fincorp launches NCD issue

The company stated that net proceeds from the issue will be used for lending, financing, repaying existing borrowings, and general corporate purposes

The Hindu Businessline 18 Jun 2026 6:57 pm

IIFL Capital Services launches next-gen algorithmic trading platform

The platform offers access to more than 100 ready-made algorithmic trading strategies, making sophisticated trading tools accessible to a wider investor base

The Hindu Businessline 18 Jun 2026 6:18 pm

PFRDA tightens NPS audit rules: Pension body orders regular audit checks for PoP service providers

The Pension Fund Regulatory and Development Authority now requires Points of Presence offering National Pension System services to undergo audits. This directive, effective from April 1, 2026, to March 31, 2027, ensures compliance with NPS rules, KYC norms, and proper handling of subscriber funds.

The Economic Times 18 Jun 2026 6:07 pm

EPFO: Has Employees' Provident Fund Organisation changed 8.25% EPF interest rate for FY25-26

EPF interest rate: The government has approved an 8.25% interest rate for Employees Provident Fund deposits for the fiscal year 2025-26. This rate remains unchanged for the third consecutive year. Over seven crore members are expected to receive this credit soon. Members can check their EPF balance through the Umang app, EPF member e-sewa portal, missed calls, or SMS.

The Economic Times 18 Jun 2026 4:49 pm

Emirates NBD completes acquisition of majority stake in RBL Bank with $2.75 billion investment

The transaction, which was announced on October 18 last year, was completed after receiving all regulatory approvals and fulfilment of closing conditions

The Hindu Businessline 18 Jun 2026 4:08 pm

Quant Mid Cap Fund: Adani Energy and Paytm among stocks bought and sold in May

Quant Mid Cap Funds AUM rose to Rs 8,109 crore in May. The fund added Adani Energy, Indus Towers, Lenskart Solutions, Persistent Systems and Torrent Pharmaceuticals, exited select holdings, raised exposure to Nippon Life India Asset Management and adjusted sector allocations across telecom, power and financial services.

The Economic Times 18 Jun 2026 3:03 pm

Equitas SFB hikes USD FCNR (B) deposit rate to 7.13% pa for select tenure

The interest rate increase follows Reserve Bank of Indias special FCNR (B) swap facility, aimed at encouraging higher NRI fund inflows into India

The Hindu Businessline 18 Jun 2026 2:57 pm