20 C 
Yes Bank reports robust 65% jump in net profit at 1,080 cr
SC judgment on AT-I bonds: Bank is evaluating all legal remedies available to it, including such further proceedings as may be maintainable before the Supreme Court.
HDFC Bank reports muted 4.70% increase in Q2 standalone net profit at 19,510 cr
Net interest income rises 10% y-o-y to 34,619 crore
Punjab & Sind Bank records 40% rise in net profit in Q2
Net interest income grows 22% to 1,162 crore
ICICI Bank Q2 profit jumps 20.1% to 14,843 crore; margins come under pressure
Higher interest income and expansion in lending supported earnings, while the cost of FCNR(B) inflows contributed to pressure on margins
HDFC Bank veteran Kaizad Bharucha quits
Bharuchais HDFC Banks longest serving board member, having joined itin 2014
Q2 Results Highlights, 17th October 2026: Stay tuned to get real-time market, business and financial news updates
YES Bank reports quarterly profit but flags impact of Supreme Court ruling on AT-1 bonds
The bank said recognising the rulings impact would have resulted in a quarterly loss of 5,217 crore, according to its filing.
Central Bank of India Q2 net profit jumps 21% to 1,469 cr on higher core income
Central Bank of Indias total income climbs to 11,737 crore in Q2 FY27 from 10,212 crore a year ago
The central government has unveiled a Performance Linked Bonus for postal employees for the fiscal year 2025-26. This bonus will be equivalent to 60 days' emoluments, capped at Rs 7,000. Those eligible include Multi-Tasking Staff (MTS), Group C workers, and non-gazetted Group B members. Additionally, Gramin Dak Sevaks who meet certain criteria will be entitled to an ex-gratia bonus, as detailed by the Department of Posts.
IDBI Bank Q2 results: Net profit falls 39% to 2,205 cr as non-interest income moderates
This is the first quarterly numbers after the government earlier this week approved the sale of a 60.72% stake in IDBI Bank to Canadas Fairfax Financial Holdings for about 53,000 crore
HDFC Bank Deputy MD Kaizad Bharucha quits ahead of Anup Bagchis takeover
The leadership change comes as the countrys largest private sector lender prepares for Anup Bagchi to assume charge later this month.
This TDS reporting form replaces 4 different forms
ICICI Bank Q2 net profit jumps 22% to 16,333 cr
Core net interest income grows 17.7% to 25,339 crore
ICICI Bank Q2 Results: Net profit jumps 20% YoY to Rs 14,843 crore, NII rises 18%
ICICI Bank Q2 Results: Private lender ICICI Bank reported a net profit of Rs 14,843 crore in the second quarter of financial year 2027, marking 20.1% year-on-year increase from Rs 12,359 crore posted in the same period last year.
HDFC Bank reports 5% increase in Q2FY27 standalone net profit at 19,510 crore
Net interest income (interest income less interest expended) rose 10% y-o-y to 34,619 crore (31,551.50 crore in Q2FY26)
The Pradhan Mantri Viksit Bharat Rozgar Yojana supports first-time employees enrolled with EPFO through financial aid of up to Rs 15,000. Disbursed in two instalments, the first payment occurs after six months of steady employment, while the second is contingent on completing a financial literacy course.
Axis Bank quarterly profit rises 37.6%, but misses estimates on higher costs
Axis Bank, the country's third-largest private bank by assets, posted a stand-alone net profit of 7,003 crore ($737.5 million) for the quarter ended on September 30
The bank expects agriculture priority-sector lending to sustain its 18% growth, maintaining profitability and improving asset quality in coming quarters
8 small, midcap stocks with upside potential of up to 50%. How many are in your portfolio?
PL Capital remains cautious after the Niftys eight-week losing streak, warning against expectations of a V-shaped recovery. Despite market uncertainty, the brokerage favours eight small and midcap stocks, including CESC, Amber Enterprises and Healthcare Global, citing potential upside of 13-50%.
Financial Services Institutions Bureau to be headed by SCL Das, former Secretary, MSME Ministry
Other Members of the Bureau include Arijit Basu, Satish K Marathe, R Subramanian, Siddhartha Mohanty, Neeja Kapur and T. L. Alamelu
Gold rate today: On October 17, 2026, a rise in gold prices marked a significant shift for leading jewellery retailers, including Tanishq and Malabar Gold.
The Indian government has approved the continuation of the National Social Assistance Programme with significant financial outlay. Changes will be made to pension schemes, including eligibility criteria and assistance rates. The eligibility for disability pension will now depend on 40% disability against the previous 80%. This initiative aims to benefit 3.20 crore individuals across all states and Union Territories.
Explained: Want to know how long your investment will take to triple? Use Rule 114
Rule 114 helps investors estimate how long mutual fund investments may take to triple based on expected annual returns. Dividing 114 by the return rate gives the approximate timeframe, supporting long-term financial planning. However, the formula provides only an estimate, as mutual fund returns fluctuate and are never guaranteed.
Govt banks see record profit in FY26, GNPA at lowest level; Finmin rebuts Akhilesh
Public sector banks earned a record 1.98 lakh crore profit in FY26, despite GNPA rising to 1.93%, boosting access and services
Mrs. Khanwani, a Dubai resident, faced tax notices for unexplained money linked to her FCNR deposits. The ITAT Jaipur ruled in her favor, highlighting the funds' clear origin from bank records. The Income Tax Department could not dispute the source of funds provided by her husband, Mr. Chand.
REC and Cochin Shipyard among top 5 midcap stocks that saw highest mutual fund selling in September
These top five midcap stocks witnessed the highest net selling by mutual funds in September. Here is a detailed breakup, according to a report by Motilal Oswal Financial Services.
Uttar Pradesh and Kerala will observe public holidays on October 19 and 20, 2026, for Mahanavami and Vijaya Dashmi. Banks will remain closed for three days in Uttar Pradesh and four days in Kerala. Customers should complete any important banking tasks before the holidays begin on October 18. Digital banking services will still be available during these holidays for customer convenience.
192% return on SGB premature redemption: Gold bond turns Rs 1 lakh investment into Rs 2.92 lakh
Sovereign Gold Bond: The Reserve Bank of India has announced the redemption price for Sovereign Gold Bonds 2020-21 Series VII, allowing investors to redeem on October 19, 2026. Priced at Rs 14,614 per unit, this reflects an impressive total return of approximately 192% since its launch.
Q2 Results Today, 17th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
IDBI Bank sale: Keep CCEA decision in abeyance pending independent inquiry, says EAS Sarma
Findings should be presented to Parliament where Ministry of Finance and DIPAM will have a great deal of explaining, says former Secretary to government in letter to Union Finance Minister
From crypto trades to classroom dreams: A 23-year-olds mission to build a school
Aditya Sharma is trying an offbeat route to fund a school in a Rajasthan village that shares its name with a blockchain network
Fairfax to engage Parekh, Sukthankar to advise it on IDBI Bank acquisition
Following the consummation of the proposedacquisition, the Prem Watsa-founded Fairfax expects that the operations of the new company would continue to be led by Rakesh Sharma, the current MD and CEO of IDBI Bank
RBI okays Scheme of Amalgamation of Indian branches of Emirates NBD with RBL Bank
All the Indian branches of Emirates NBD will function as branches of RBL Bank Limited with effect from December 01, 2026
PNBs net profit rises 13% in Q2; plans to launch special campaign for RD amid bearish stock mkt
The banks gross non-performing assets (NPAs) moderated to 2.55 per cent of gross advances at the end of September 2026, down from 3.45 per cent a year ago
Federal Bank logs highest ever net profit at 1,386 crore in Q2FY27
NIM rose 26 per cent y-o-y to 3,153 crore
Rupeeflo bets on GIFT City, targets 30% revenue share as Bengaluru-based fintech eyes payments play
Founded in April 2024 by Maurya, Ashish Jha and Manav Bharambe, Rupeeflo began operations in December that year
India's forex reserves fall for fifth straight week to $726 billion: RBI
Rupee's gains continue, reaching over a one-month high
Q2 Results Highlights, 16th October 2026: Stay tuned to get real-time market, business and financial news updates
Yes Banks CET1 ratio to take 250-basis-point hit after AT1 bond ruling
The bank is examining legal options after the ruling, while S&P expects adequate capitalisation despite potential earnings pressure from coupon payments
Higher rates no threat to margins, gold loans to drive growth: L&T Finance
Managing Director and CEO Sudipta Roy and Chief Financial Officer Sachinn Joshi discuss the companys strategy
The Latest Fixed Deposit Interest Rates: Oct 16, 2026
The Latest Fixed Deposit Interest Rates: Oct 16, 2026
The Latest Home Loan Interest Rates: Oct 16, 2026
The Latest Home Loan Interest Rates: Oct 16, 2026
Karur Vysya Bank eyes 1820% credit growth in FY27 on all-round demand
The private sector lender recorded a robust net profit growth of 37.3 per cent y-o-y at 788 crore for the quarter ended September 2026 (Q2FY27)
RBI approves merger of Emirates NBDs India branches with RBL Bank from December 1
The merger follows Emirates NBDs $2.75-billion capital infusion into RBL Bank, completed in June after regulatory approvals and a mandatory open offer.
Home loan borrower alert: SBI, PNB, Bank of India and other banks revise repo-linked lending rates
Leading mutual fund houses such as Tata Mutual Fund and HDFC Mutual Fund have suspended fresh investments in their gold fund-of-funds. The halt comes as a response to macroeconomic factors affecting gold imports and the value of the rupee. Existing investments in these funds remain unaffected, allowing ongoing systematic plans to continue. New investors now have alternative options for gold exposure, including direct investments in Gold ETFs.
EPFO WhatsApp channel: Can you access EPF, EPS and EDLI services? How to join
EPFO has introduced a new WhatsApp channel to keep subscribers informed about its schemes and services, attracting around two lakh users so far. The channel provides insights into the Employees Provident Fund, Employees Pension Scheme, and Employees Deposit Linked Insurance.
Global digital payments to double by 2030 as new instruments gain ground
Capgemini's World Payments Report 2027 says non-cash transactions have grown nearly fivefold over the past decade, with instant payments, e-money and digital currencies reshaping global commerce
Can a Rs 10,000 monthly SIP build a Rs 2 crore corpus? Check how long it may take
A Rs 10,000 monthly mutual fund SIP could build a Rs 2 crore corpus in 25 years and six months at 12% annual returns. Increasing contributions annually by 5% or 10% could shorten the timeline to 22 years and nine months or 20 years and one month, respectively.
Motilal Oswal Mutual Fund: Kalyan Jewellers, MCX, Paytm among top 10 stock holdings in September
Motilal Oswal Mutual Fund held an AUM of Rs 1.70 lakh crore across 93 funds as of September 30, 2026. According to a report by Motilal Oswal Financial Services, One 97 Communications, Eternal, Kalyan Jewellers, MCX, and Sterlite Technologies featured among the fund house's top 10 equity portfolio holdings.
Sunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Groww and 32 other stocks in September. The fund also added Zydus Lifesciences, exited Cyient DLM and trimmed stakes in two stocks.
Cognizant India CMD Rajesh Varrier joins Federal Banks Board of Directors
A tech industry veteran,Varrier has previously served as the EVP, Head of Global Services at Infosys Americas as well as Global Head of Infosys Digital and Microsoft businesses and the CIO and Digital Officer for Aditya Birla Sun Life Insurance.
Govt raises disability pension to Rs 375, removes age limit: Who qualifies
Revised rules lower disability threshold from 80% to 40%, allowing more people to qualify for monthly assistance under the revamped scheme
NRI capital gains tax: When can you use the basic exemption limit to lower your income tax bill?
For non-resident Indians, leveraging the basic exemption limit can help mitigate normal slab rate taxes on capital gains. However, it's important to note that this exemption does not apply to capital gains taxed at special rates, such as short-term capital gains derived from listed bonds. This stipulation is clearly defined in the Income Tax law, and tax treaties may additionally offer advantages depending on the NRI's country of residence.
ICICI Bank Q2 Results Preview: PAT, NII may rise up to 21% YoY; margins, deposit growth in focus
ICICI Bank is expected to report 15.8-18% year-on-year growth in net interest income and 15-21% growth in profit after tax in Q2FY27, according to brokerage estimates. Investors will track net interest margins, loan and deposit growth, operating profitability and asset quality, with margin pressure and provisioning trends remaining key monitorables.
Federal Bank posts record 1,386 crore quarterly profit, NPA hits decade low
Net Interest Income rose 26.38% year-on-year to 3,153.40 crore, outpacing advances growth of 21.66%
Gold prices at various leading jewellery outlets showed no fluctuation on October 16, 2026, staying steady compared to the previous day. Nevertheless, indicative prices for gold and silver jewellery surged according to the India Bullion and Jewellers Association.
As SBI home loan rates rise, how you can save more
Mutual funds bar fresh investments in Gold ETF FoFs. What are the rules for existing SIP investors?
Seventeen mutual fund houses have temporarily restricted fresh investments in specified gold exchange-traded fund-of-funds (FoFs), including lumpsum contributions, new SIPs and switch-ins. Existing SIPs and redemptions generally remain permitted, subject to scheme-specific conditions.
Indias IPO league table: How the largest listings opened
Jio Platforms is set to launch its IPO bidding on October 21, offering 27 crore shares without any offer for sale. The price band is set between 1,065 and 1,119 per share, targeting a total of 30,213 crore. Following recent IPOs like Hyundai and LIC, which struggled below their original prices, market sentiment is now emphasizing profitability. Analysts will closely monitor Jio's listing amid this competitive landscape.
From building wealth in the AI age and identifying investment opportunities to protecting assets, planning for retirement and transferring wealth across generations, Day 1 of ET Wealth Expo 2026 will bring together leading financial experts to explore the three pillars of long-term wealth management: Build, Protect and Legacy.
Banks seek RBI relief, clarity on India's latest rupee-defence measures
Banks urge RBI to replace 20% cash deposit for hedges with flat fee; seek higher minimum deposits amid rupee volatility
Delhi property tax waiver extended to Dec 31: Claim process explained
Under SUNIYO 2.0, pay property tax for six financial years to get a 100% waiver on interest, penalties and older dues.
Fairfax proposes to contributeits interests in Digit, IIFL Capital to IDBI Bank
Fairfax CEO emphasises that combining IDBI Bank, Digit, and IIFL Capital would create an entity that is well-positioned to participate in the continued growth and success of Indian markets
ADB, Japan back AM Greens renewable ammonia plant in Kakinada
The investment includes a $100 million loan from Asias Private Infrastructure Fund 2, financed by the JICA and administered by ADB
Britannia Share Price Live Updates: Britannia's Current Market Position
Jio IPO: Reliances newest listing meets a market its 1977 investors wouldnt recognise
Jio is set to enter a competitive market with its IPO, which marks Reliance's first offering since 2006. The shift from physical share certificates to demat accounts has greatly streamlined investor experiences over the years. Investors will benefit from reforms that include blocked amounts and faster listing times. The proposed IPO will cater to a considerably larger base of individual investors than previous offerings.
Tata Consumer Share Price Live Updates: Tata Consumer's Daily Performance Update
LTIMindtree Share Price Live Updates: LTIMindtree Stock Performance Today
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Hindalco Share Price Live Updates: Hindalco Stock Details
NTPC Share Price Live Updates: NTPC's Current Trading Price
Q2 Results Today, 16th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news updates
Tata Motors PV Share Price Live Updates: Tata Motors PV Current Market Status
Power Grid Share Price Live Updates: Power Grid's Current Market Position
Asian Paints Share Price Live Updates: Asian Paints Stock Performance Overview
Divis Labs Share Price Live Updates: Divis Labs Breaks Through Resistance Level
6-month emergency fund with Rs 50,000 salary: While calculating the amount, you should count everything that still needs to be paid even when salary stops. So, where should you put this money and how much should you invest every month to hit the target faster? Moreover, an individual who is single and has no dependents may not need the same amount of emergency fund as someone with a family.
Life insurers first-year premium up 20.6% at 2.46 lakh cr in H1 FY26: IRDAI
The LIC continued to dominate the market, with its first-year premium increasing 19.3 per cent to 1.44 lakh crore during the six-month period
Govt withdraws tax benefit for banks on gold, silver, platinum imports
This is done to ensure parity of taxes imposed on imports of gold and other metals through different routes, Revenue Secretary says
UPI MDR decision likely today; industry expects deferral to January 2027
The panel comprises the Indian Banks Association (IBA), the Payments Council of India (PCI), and representatives of banks, payment service providers (PSPs) and various associations
UCO Bank Q2 net jumps 26.76% at 785.64 crore, aims at 12-14% credit growth for FY27
Net interest margin on a global basis held at 3.00 per cent compared with 2.90 per cent in the year-ago period
L&T Finance PAT up 33% on cost-efficiency in Q2FY27
The gross disbursals increased 27 per cent% to 24,027 crore on a year-on-year basis but stayed flat sequentially
Deposits and advances see robust growth in H1FY27
All scheduled banks reported deposit and advances grew9.93 per cent y-o-y and 11.27 per cent y-o-y
SC upholds Bombay HC order quashing Yes Bank AT-1 write-off
Liability may exceed 13,000 crore; shares plunge 14.43 per cent
Kotak Mutual Fund halts subscriptions in two Yes Bank AT-1 bond schemes after SC order
Kotak Mahindra Mutual Fund suspended subscriptions in two debt schemes holding Yes Bank AT1 bonds after the Supreme Court overturned their Rs 8,415 crore write-off. The fund house is reviewing the judgment to determine its next course of action.
HDFC Life Q2 net up 13.6% at 508 crore, net premium income rises 15.7%
The life insurer had registered a net profit of 447.15 crore for the second quarter of last fiscal year, and its net premium income increased to 21,727.37 crore in Q2FY27 from 18,777 crore in Q2FY26
