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Muthoot Finance Q3 PAT grows 2x to 2,823 crore
Muthoot Finances AUM rose 50 per cent y-o-y to 1.44 lakh crore
IIM Kozhikode, IOB in pact for executive education, capacity building
These programmes will be tailored for IOBs top executives, senior management and selected officers,
Govt conducts switch with RBI, moves FY27 maturities to 2040 bond
Centre buys back over Rs 75,500 crore of FY27 securities from RBI and issues 8.30% GS 2040 bond to smoothen redemption profile
RBIs proposed norms on sales of financial products may have fee income implications for banks
Fear of mis-selling will entail not just refunding amounts taken from the customer, but also shelling out compensation could keep the enthusiasm of banks to push third-party products such as insurance, mutual funds and pension under check
No more harassment calls for loan recovery? RBI to bring tough framework from July 1, 2026
The Reserve Bank of India is introducing stricter loan recovery rules for banks, focusing on borrower protection and transparency. These new directions, set to take effect from July 1, 2026, aim to prevent harassment and ensure fair treatment during the recovery process. Banks must implement mandatory recovery policies and adhere to a code of conduct for recovery agents.
RERA should be abolished if it helps only builders, says Supreme Court
The Supreme Court strongly criticized the Real Estate Regulatory Authority, RERA. Judges suggested abolishing the institution, stating it only helps defaulting builders. The court allowed Himachal Pradesh to shift its RERA office to Dharamshala. This decision is subject to a pending High Court case. The court noted people are disappointed with RERA's performance.
Income tax refund delay: As refunds fall 19% in FY25-26, Minister reveals reasons in Parliament
Premier Explosives among top 4 unique stocks held by mutual funds in January
Unique stocks are equities held by only one mutual fund house and not others. In January, about 240 such stocks were identified above Rs 100 crore market value. Top exclusive holdings included Marathon Nextgen Realty, Premier Explosives, Network People Services Technologies and Vintage Coffee & Beverages.
Existing investors can hold gold, silver, new investors may allocate 510%: Emkay
After a strong run-up over the past year, gold and silver have seen frequent and sharp price fluctuations in recent months.
Muthoot Fincorp logs PAT of 553.23 crore in Q3 FY26
The standalone performance of the company also remained strong, with AUM at 48,122.22 crore, PAT at 1,056.65 crore, and revenue at 5,733.01 crore till December 2025
Debt mutual funds saw a sharp turnaround in January, posting net inflows after two months of heavy outflows. Experts attribute the reversal to post-year-end cash redeployment, improved comfort around yields and liquidity, and a continued investor preference for liquid, low-volatility fixed-income categories over duration-led strategies.
GST on milk and education? Here's a fact check by Finance Minister in Lok Sabha
Finance Minister Nirmala Sitharaman addressed claims regarding Goods and Services Tax in Lok Sabha. She clarified that milk has always been exempt from GST. Educational supplies like books and notebooks also have zero GST. Healthcare services have maintained a 0% GST rate since 2017. Funeral services were never subject to GST.
Salaried employees stand to gain significantly from proposed tax rule changes. Under draft Income Tax Rules, 2026, the annual tax exemption for meal vouchers like Pluxee or Sodexo could rise to Rs 1,05,600. This is a substantial increase from the current Rs 26,400 limit. The new rules propose a Rs 200 per meal cap, potentially boosting employee savings.
With gold prices rising, consumers are increasingly exchanging old jewellery for hallmarked pieces to ensure purity and better resale value. Mandatory hallmarking in India, regulated by BIS, certifies gold's karat and fineness, reducing fraud risk and enabling fair valuation. Buyers should verify BIS logo, HUID, and purity marks for authenticity.
PPFAS Mutual Fund releases source of margin trading facility book and its impact on liquid funds
PPFAS Mutual Fund has raised caution over the sharp growth in the margin trading facility book, which has jumped from Rs 24,920 crore in FY23 to Rs 1.16 lakh crore by December 2025. The fund house highlights rising liquidity and credit risks, especially among smaller brokers dependent on costlier funding sources.
Rising healthcare costs? How NPS Swasthya helps you create a separate medical fund
PFRDA has launched NPS Swasthya as a pilot scheme to help subscribers build a dedicated medical fund alongside retirement savings. You can contribute any amount, withdraw up to 25% for medical needs, and even exit fully for critical treatments. This innovative scheme bridges pension planning and healthcare expenses.
Mutual Fund Top Picks: Where should you invest now? Anil Singhvi reveals fund of the month
The mutual fund industrys assets under management (AUM) crossed a record Rs 81 lakh crore in January, reflecting steady investor participation despite market volatility, Zee Business Managing Editor Anil Singhvi said.
JioBlackRock Flexi Cap Fund adds Hindustan Zinc and 9 others, exits L&T Finance and 16 more stocks
JioBlackRock Flexi Cap Fund, an offering by JioBlackRock Mutual Fund, added Hindustan Zinc and nine other stocks in its portfolio as the new entrant in January and made a complete exit from L&T Finance and 16 other stocks in the same period. (Source: ACE MF)
The Reserve Bank of India is implementing stricter regulations against financial institutions for mis-selling products. New draft directions, effective July 1, 2026, aim to prevent mis-selling by banning dark patterns and forced bundling. These rules mandate clear information, customer consent, and establish mechanisms for feedback and compensation for affected customers.
Only index funds, no stock picking: How you can grow wealth the simple way
Mutual fund investors with long-term goals can continue their existing SIPs, even if overweight in mid and small caps, as compounding works in their favor. For shorter horizons, rebalancing to stable funds is advised. New Sebi rules enhance cost transparency, separating fund management fees from other charges, potentially leading to modest expense reductions over time.
Witnesses to a Will turn hostile? How Hindu succession is decided then
A will fails if its witnesses become hostile. This means the deceased's property will be distributed according to Hindu succession laws, not the will's wishes. For Hindu females, this follows specific rules under the Hindu Succession Act. The law prioritizes statutory inheritance when a will cannot be proven. This ensures a clear path for property devolution.
Over 65% ECBs worth $18 billion routed via GIFT-IFSC in FY26 so far
Experts say simpler rules, tax benefits aid GIFT City's emergence as preferred jurisdiction
RBI surprises market with aggressive pre-open dollar sales, say bankers
The rupee was headed for a largely flat open before the unexpected intervention, with Asian peers showing little reaction to the upside surprise in US payrolls
Multi-asset allocation mutual funds saw record inflows of Rs 10,485 crore in January, driven by investor preference for diversification and stability offered by gold and silver allocations. Experts suggest these funds are suitable for long-term portfolios, balancing growth with risk management, and can be a core holding for investors.
Best focused mutual funds to invest in February 2026
According to Sebi norms, focused equity mutual fund schemes must invest in a portfolio of maximum 30 stocks. These schemes have no other restrictions when it comes to investing- like flexi cap schemes they can invest in any market capitalisations and sectors
Revised CPI may give RBI reason to keep interest rates on hold
Although inflation remains well below RBIs 4% target, the new figures could prompt it to hold off on any further rate cuts and push up bond yields further
Recent findings indicate that health insurance providers are grappling with a surge in policyholder dissatisfaction. Star Health tops the list with more than 12,000 complaints recorded in FY24-25. CARE Health and Niva Bupa aren't far behind, also receiving significant backlash. Keep reading to discover which health insurers have garnered the most complaints from policyholders, and check if your health insurer is among them.
New draft income tax rules suggest changes to house rent allowance and child hostel allowance benefits. Cities like Bengaluru and Pune may now qualify for higher HRA exemptions. The child hostel allowance limit could see a substantial increase. These proposed changes are open for public feedback.
Budget 2026 reshapes taxation of unexplained income. Self-reporting undisclosed income now attracts a 30% tax rate. This is a significant reduction from the previous 60% rate. Income detected by tax authorities faces a 200% penalty. This creates a compliance-first architecture. It rewards early disclosure with predictable costs. Concealment becomes financially punitive. This functions like a permanent disclosure scheme.
Bharat Bandh bank holiday today? Banks like State Bank of India, UCO Bank and Bank of Baroda have informed BSE about the strike notification and possible disruptions in their services on February 12, 2026.
Stocks in news: HUL, HAL, Lenskart, BHEL, Ather Energy, Bharti Airtel
Markets traded lacklustre, ending almost unchanged after a recent surge, with analysts expecting further consolidation but a positive overall tone. Several companies like HUL, HAL, and Bharti Airtel were in focus due to Q3 results and news developments, including LG India's profit decline and Lenskart's profit surge.
SBIs market cap surges past TCS; becomes fourth most valuable company
The shares of the bank rose 3.2% on Wednesday with over 2.9 crore shares being traded
Mis-selling: Banks to refund, compensate customers, says RBI
Banks must ensure that employees / direct selling agents do not push the sale of products and services
UBS plans to hire about 3,000 HR in Hyderabad
UBS has offices in Pune (Kharadi), Navi Mumbai (Airoli) and Hyderabad (Gachibowli)
11 mutual funds and 1 SIF NFOs are open for subscription now. Check key details
Several mutual fund new fund offers, including FoFs, index funds, ETFs, sectoral and low duration schemes, are currently open for subscription. Asset managers are expanding product offerings across themes such as metals, defence, consumption, healthcare and services to attract investors.
He emphasised that ethics is what stops small compromises from growing into larger problems
Bandhan Corporate Bond Fund turned Rs 10,000 investment to Rs 19,745 as of end-December 2025, nearly doubling investor capital over the decade and crossed monthly AUM of Rs 15,000 crore in the same period.
NFO Alert: Groww Mutual Fund launches BSE Hospitals index based passive funds
Groww Mutual Fund today announced the launch of two new passive investment schemes the Groww BSE Hospitals ETF and the Groww BSE Hospitals ETF FOF offering investors exposure to Indias hospital sector through the BSE Hospitals Index.
Sunil Singhania-led Abakkus Mutual Fund goes live on ONDC Network
Through the ONDC Network, participating buyer apps can offer mutual fund products directly to investors via their existing platforms. The framework aims to streamline product discovery and access, allowing investors to engage with mutual fund offerings through applications they already usewithout the need to download or manage multiple apps.
Is there a bank holiday tomorrow due to Bharat Bandh? Major banks like State Bank of India, UCO Bank, and Bank of Baroda have alerted customers about possible service disruptions.
NFO Alert : Old Bridge Mutual Fund launches Old Bridge Flexi Cap Fund
Old Bridge Mutual Fund has launched the Old Bridge Flexi Cap Fund, an open-ended equity scheme investing across large, mid and small caps. Managed by Kenneth Andrade, the fund follows a bottom-up strategy and dynamically allocates assets across market segments.
ICICI Prudential Business Cycle Fund turns Rs 10,000 SIP into over Rs 9 lakh in 5 years
ICICI Prudential Business Cycle Fund has completed five years since launch, turning a Rs 10,000 monthly SIP into about Rs 9.74 lakh as of January 31, 2026, delivering an 18.47% return over the period. In comparison, the schemes benchmark generated a return of 13.11%, according to the fund house.
NFO Update: HDFC Mutual Fund launches consumption theme based passive fund
HDFC Mutual Fund has launched the HDFC Nifty India Consumption Index Fund, offering exposure to companies benefiting from Indias long-term consumption growth. The fund tracks the Nifty India Consumption Index, focusing on domestically driven sectors, and carries thematic concentration risks.
The New India Assurance Company is revamping its strategy to tap into the underinsured MSME sector by addressing accessibility rather than cost. CMD Girija Subramanian reveals plans for simplified products, parametric insurance in allied sectors, and a focus on speedy claims to drive growth.
Gold prices offer mixed signals today, February 11, 2026. MCX spot prices remain steady, while IBJA retail rates have seen a minor decrease. Leading jewellers like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas have updated their 22k gold prices.
Overnight swap rates suggest RBI pause, hint at possible rate hike
The move comes in the backdrop of RBI raising its immediate GDP growth and inflation forecasts
Mutual Fund Industry Grows Over 6x in 10 Years: Motilal Oswal Study
The mutual fund industrys Assets Under Management (AUM) stood at Rs 80.23 lakh crore as of December 2025, reflecting steady momentum in investor participation and increased preference for market-linked investment avenues.
The government has officially updated the status of the 8th Central Pay Commission. The commission will make recommendations on pay, allowances, and pensions for central government employees. Its report is expected within 18 months of its constitution. The fiscal impact will be assessed after recommendations are made and accepted.
Passive funds recorded their highest ever monthly inflows of Rs 39,955 crore in January, pushing AUM to a record Rs 15.41 lakh crore, led by gold ETF inflows of Rs 24,040 crore. Equity funds extended their inflow streak, while debt funds saw strong overnight fund allocations amid volatility.
MF SIP stoppage ratio drops to 74% in Jan; inflows steady at Rs 30,002 Cr
The mutual fund SIP stoppage ratio declined to 74.83% in January, compared with 85.30% in December and 109.15% in January 2025, indicating that more SIPs were registered than those discontinued or whose tenures ended. The monthly SIP contribution remained steady at Rs 30,002 crore in January.
Helios Flexi Cap Fund exited Ola Electric, LG Electronics, and other companies in January. The fund also increased its stake in 20 stocks, including Kotak Mahindra Bank and Adani Ports. Exposure in 44 stocks remained unchanged. The fund's AUM stood at Rs 5,939.87 crore. Performance shows a gain in the last year.
TMB to shift 50 pc workforce into sales roles in 2 yrs amid tech automation
MUMBAI, Feb 11: Tamilnad Mercantile Bank will repurpose more than half its staff towards sales as it shifts focus from maintaining its long-standing customer relationships to increasing revenues, a top official said. This will be done through the technology-led investments which lead to automation benefits in a lot of repeat jobs, its Managing Director and Chief Executive Salee S Nair told PTI, underlining that there will not be any layoffs. Overall employee count is expected to rise by over 200 [] The post TMB to shift 50 pc workforce into sales roles in 2 yrs amid tech automation appeared first on Daily Excelsior .
Sovereign Gold Bonds.: The Reserve Bank of India has set the premature redemption price for specific Sovereign Gold Bonds. Investors can redeem these bonds from February 11, 2026. The redemption value is based on the average gold price over three preceding working days.
Bajaj Auto Share Price Live Updates: Bajaj Auto's Current Market Position
Bajaj Finserv Share Price Live Updates: Bajaj Finserv's trading volume analysis
SBI Share Price Live Updates: SBI Stock Price Analysis
NTPC Share Price Live Updates: NTPC Stock Movement
The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and other transactions. This form replaces the older Form 13, with some changes in required documentation. While the purpose remains the same, the new form streamlines the process for obtaining TDS certificates.
Employees exceeding their leave quota may face termination if it's coupled with poor performance and lack of communication. Indian labour laws mandate a due process for terminating permanent employees due to illness or excessive absence, requiring notice, a hearing, and potential medical evaluation. While employers can terminate for genuine, long-term ill-health, notice pay or salary in lieu is still required.
Best flexi cap mutual funds to invest in February 2026
Flexi cap mutual funds offer the fund managers the freedom to invest across market capitalisations and sectors/themes. It means the fund managers can invest anywhere based on his outlook on the market.
Jio Financial, HDFC Bank among 10 Nifty50 stocks that saw decrease in FII holding in Q3
Foreign institutional investors (FIIs) reduced their holdings in 39 Nifty50 stocks during the December quarter, with significant cuts seen in major companies like Bajaj Auto, Mahindra & Mahindra, and HDFC Bank. This trend reflects a broader pattern of FIIs paring exposure in India's equity market, despite domestic institutional investors' growing influence
Largecap mutual funds saw a 28% jump in inflows in January even as Midcap and Smallcap inflows declined sharply, signalling a tactical shift towards safety amid market correction. Experts say the move reflects short-term risk management rather than a structural change, and advise investors to focus on disciplined asset allocation and rebalancing.
Bounced cheques and failed mandates are more than administrative issues, carrying potential criminal charges and significant financial penalties. These failures can lead to hefty bank fees, late payment charges, and a severe drop in credit scores, impacting future loan eligibility and interest rates.
How should new mutual fund investors build their portfolios?
Wealth managers advise new mutual fund investors to build portfolios gradually, aligning choices with goals and risk appetite. A paced approach, starting with diversified equity, index, or multi-asset funds, is recommended. Aggressive investors can later explore mid- and small-cap funds, while conservative ones may stick to large-cap and hybrid options.
Equity's not the only gold on D-St, 'precious' ETF flows double in Jan
Mutual fund investors significantly increased allocations to precious metals in January, with gold and silver ETFs attracting over 33,500 crore, surpassing equity fund inflows for the first time. This surge reflects performance-chasing behavior as gold and silver delivered substantial returns over the past year.
RBI proposes stringent draft guidelines for de-registration of type-1 NBFCs
Type-1 NBFC means NBFC not availing public funds and not having any customer interface and holding Certificate of Registration as Type-1 NBFC issued by the Reserve Bank
Bandhan Life Insurance expects ULIPs to continue to account for 30% of annualised premium equivalent
The private sector insurer has launched a new Unit Linked Insurance Plan, along with a Mid Cap new fund
Grasim Q3 Results: Profit jumps 28% to Rs 2,233 crore, revenue surges 25%
Aditya Birla Group flagship holding firm Grasim Industries Ltd on Tuesday reported a 28.76 per cent increase in its consolidated net profit to Rs 2,232.95 crore for the December quarter of FY'26, led by a good performance across businesses.
Karnataka Bank Q3 net up 2.54% at 290.79 crore
Interest income down a tad at 792.06 crore
Finance Minister Nirmala Sitharaman likely to address RBI board on Feb 23
Finance Minister Nirmala Sitharaman is scheduled to address the Reserve Bank of India's central board on February 23 and highlight key points of the FY27 Budget, including measures to boost manufacturing, and support for agriculture and tourism. The meeting would take place days after the RBI decided to retain the key policy rate at 5.25 per cent with a neutral stance amidst global uncertainties. The post-budget meeting has been scheduled for February 23, where the finance minister will address the board members and talk about announcements made in the Budget 2026-27 that strike a fine balance between growth and fiscal prudence, sources said. It is customary for the finance minister to address the RBI board after the budget. Unveiling her ninth straight Budget in a row on February 1 in the Lok Sabha, Sitharaman said, Since we assumed office 12 years ago, India's economic trajectory has been marked by stability, fiscal discipline, sustained growth and moderate inflation. The ...
14 states borrow 47,620 crore, 11% higher than borrowing calendar
Fourteen states raised 47,620 crore at weekly SDL auctions as yields softened marginally and spreads over gilts stayed stable
Tax department redesigns 30 key forms ahead of new Income-tax Act
The tax department has proposed a major redesign of 30 high-volume income-tax forms to reduce duplication, simplify compliance and support a data-driven regime under the new law
RBI proposes to raise unsecured loans to 20% of total for urban co-op banks
RBI has proposed raising the unsecured loan cap for urban co-operative banks to 20 per cent of advances, revising norms on unsecured lending and housing loan tenors
India Post, NSE ink pact to expand mutual fund access across India
The Department of Posts (DoP) and the National Stock Exchange of India on Tuesday signed a pact to expand mutual fund access through the NSE MF Invest platform.
RBI proposes deregistration window for NBFCs without public funds
The Reserve Bank of India has proposed exempting certain NBFCs from registration and allowing eligible non-public fund, non-customer-facing entities to seek deregistration within six months
Second largest mutual fund turns Rs 10,000 SIP to Rs 16 crore in 32 years
An HDFC Balanced Advantage Fund SIP of Rs 10,000 grew to Rs 15.89 crore since inception, delivering 18.40% XIRR. Completing 32 years, the funds dynamic allocation, resilience across cycles and Rs 1.06 lakh crore AUM underscore disciplined long-term investing principles.
Nationwide bank strike on February 12, 2026: Will bank work be affected? Bank of Baroda alerts BSE
Bank unions plan a nationwide strike on February 12, 2026. This action by AIBEA, AIBOA, and BEFI opposes new Labour Codes. While no official holiday is declared, Bank of Baroda warns of potential disruptions. Customers should prepare for possible banking service interruptions on this date.
Fusion Finance back in black on better collections, focus on quality lending
The asset quality indicators strengthened during the quarter, with gross NPA easing to 4.38 per cent in the December quarter compared with against 4.61 per cent in September.
Silver ETF inflows jump 139% month-on-month in January to Rs 9,463 crore, AUM at Rs 1.16 lakh crore
Silver ETFs saw massive January inflows as investors chased precious metals despite sharp volatility. Assets surged, returns topped 50%, and silver outperformed gold before a late-month crash underscored risks amid global uncertainty and profit-booking and heavy ETF participation nationwide grew.
New draft income tax rules for 2026 suggest higher limits for several allowances. Taxpayers in the old tax regime can save more income tax with these proposed changes. Key increases include house rent allowance exemptions, children's education and hostel allowances, and interest-free loan limits. These revisions aim to modernize taxation and address current economic realities.
PNB debit card lounge access rule change: Free service ends, new spend conditions introduced
The final Income Tax Act, 2025 has removed a one-time provision that allowed brought-forward long-term capital losses to be set off against short-term capital gains. This change reverts to the restrictions of the Income Tax Act, 1961, limiting LTCL set-off only against LTCG, impacting taxpayers' ability to reduce their tax liabilities.
Inherited property, money or investments? 7-point tax checklist every heir must go through
Inheriting property, cash, or investments brings financial relief but it also comes with tax obligations that most heirs arent ready for. Here's a step-by-step guide on what you need to do and in what order.
Baroda BNP Paribas ELSS Tax Saver Fund turns Rs 10,000 SIP to Rs 1 crore in 20 years
Baroda BNP Paribas ELSS Tax Saver Fund has delivered impressive returns, turning a monthly SIP of 10,000 into approximately 1.03 crore since inception. Managed with a focus on long-term value and avoiding volatile sectors, the fund offers tax benefits and disciplined equity exposure, making it a compelling choice for wealth creation.
Carlyle to acquire majority stake in Edelweiss home finance arm Nido for 2,100 cr
Nido is present across 800 talukas (sub-districts) in India, and currently manages an AUM of 4,804 crore (approximately $530 million)
