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PNB Housing Finance Q3 net up 43 per cent at 483 crore
During the quarter under review, interest income improved to 1,848 crore
UCO Bank Q3 net up 27% at 638.83 cr, plans to raise 2,000 cr via QIP in Q4
The banks operating profit grew 41.69 per cent y-o-y at Rs 1,585.69 crore for the third quarter of FY25
South Indian Bank posts 12% growth in net profit at 341.87 crore in Q3 FY25
Strong recoveries have played a key role in reducing net NPAs, including interest recovery, which has contributed to overall financial stability
Solana surge and ETF speculation post Trumps swearing-in
Donald Trump's presidency has led to increased interest in cryptocurrencies, contrasting with the previous regulatory scrutiny under Joe Biden. Projects like the Trump coin on Solana and Remittix's presale surge highlight this shift. Both Solana and Remittix are focusing on real-world utility to attract investors.
Power of Rs 3,800 SIP: Possible to build Rs 4 crore corpus with Rs just 3,800 monthly investment?
Generating Rs 4 crore with just Rs 3,500 monthly investment may sound like a distant dream but one can turn this dream into reality with the help of the power of compounding. The answer to generating such a sizeable corpus is consistency and disciplined investment. Therefore, lets understand how monthly investment in a systematic investment plan (SIP) can help achieve this target.
BSE Holidays 2025, BSE Trading Holidays India 2025
Rexas Finance's presale of RXS tokens surpasses $41 million, entering the final stage early due to high demand. With innovations like the Rexas Token Builder and Launchpad, the platform enables seamless tokenisation of real-world assets, positioning RXS as a transformative investment in the blockchain space.
Top 5 equityfunds that have improved performance in last 4 years
Top 5 equity funds that have improved performance in last 4 years
Can DTX Exchange ecome the poster child of crypto? Wall Street experts say yes!
DTX Exchange is gaining attention for combining the best of CEX and DEX features, offering over 120,000 assets and tokenised ETFs. With its high-speed VulcanX blockchain and governance-enabled DTX tokens, it's poised to become a top altcoin contender by 2025, attracting significant investment during its presale.
The other panel members are: Revathy Iyer, Director, Central Board, RBI; Parvathy V. Sundaram, former Executive Director, RBI; Hemant G. Contractor, former MD, State Bank of India and former Chairman, Pension Fund Regulatory and Development Authority; and N. S. Kannan, former MD & CEO, ICICI Prudential Life Insurance Co Ltd
KVB reports 20% rise in Q3 net profit at 496 crore
Gross non-performing assets improved by 75 basis points to 0.83% of gross advances (691 crore) as of December 31, 2024, compared to 1.58 per cent (1,152 crore) a year earlier.
Central Bank of India Q3FY25 net profit up 34% at 959 crore
The public sector banks net interest income in the reporting quarter rose about 12 per cent y-o-y at 3,540 crore (3,152 crore in the year-ago period).
IDBI Bank reports 31% increase in Q3FY25 standalone net profit at 1,908 crore
Total deposits were up about 9 per cent y-o-y to 2,82,439 crore
Midcap Mutual Funds: A type of mutual fund schemes, midcap funds hold assets in mid-sized companies.These firms are considered to be in the middle of the mcap spectrum, ranked between 101 and 250. Generally, the midcap segment is considered riskier than largecap but safer than smallcap.In this article, we will cover some of the top-performing midcap mutual funds in 5 years, according to AMFI data as of January 3, 2025. Read on to learn more about some of the top-performing midcap MF schemes.
RBI Deputy Governor Rajeshwar Raoemphasises need for contingency funding plans
At 3.39 lakh crore, Mudra loans disbursal reaches all-time high in Q3FY 25
A substantial part of growth came in the third quarter. In the first half of FY25, PMMY loans had actually showed a dip for the first time after Covid-19 at 1,86,284 crore as of September 24, compared to 1,91,863 crorein the same periodlast year.
Settlement of dues payable by borrower: RBI gives ARCs relatively free hand
ARCs now have a relatively free hand in settling borrower dues of up to 1 crore, going by the revised guidelines on settlement of dues of borrowers by ARCs.
Top 5 large cap equity funds to buy with up to 20% returns in 5 years as of Jan 15
PPF For Regular Income: Can you get Rs 1,06,828/month tax-free income from Public Provident Fund?
Public Provident Fund (PPF) is a small savings scheme that currently offers an interest rate of 7.1 per cent. It allows any residents of India, including salaried, self-employed, and pensioners to invest in this popular investment scheme for retirement planning.
Get FD interest rate up to 8.60%: This bank revises FD interest rate on these fixed deposits
FD interest rates: AU Small Finance Bank revised interest rates on fixed deposits below Rs 3 crore, effective from January 20, 2025. The bank now offers the highest interest rate of 8.10% on FDs for general citizens and 8.60% on FDs for senior citizens.
Trumps new memecoin roils crypto market, sparks trading frenzy
Trading under the Trump ticker on the Solana blockchain, the token gained attention following promotion on Trumps social media channels.
RBI likely to use long-term buy-sell currency swaps for effective liquidity management: SBI Research
The RBIs recent actions in the forex markets illustrate attempts to manage liquidity amid shrinking banking system resources.
How to bring gold's glitter to your investments?
Investments in gold have long been seen as safeguards against inflation and economic uncertainties. Read on to know about the various ways you can invest in the yellow metal, like gold ETFs, gold funds, sovereign gold bonds, and more.
9 active equity mutual funds that have performed better in last 4 years
Volatility in domestic equity markets has recently intensified due to increased FPI selling, a stronger US dollar, and rising US bond yields. In this market, some actively managed mutual funds have managed to improve their returns over 4 years. Read on to learn more about the sectors and stocks commonly held by most of these mutual funds in this article.
Thematic mutual funds have been investor's favourites recently, which explains why they managed to attract Rs 80,000 crore last year. With thematic funds growth being unchecked and AMCs promoting narrow and risky themes, a good number of funds may fail to deliver as per expectation and some may even lead to significant loss of investor money. Read on to know why a timely intervention by Sebi is necessary.
What does down-market capture ratio tell you about your investments?
This ratio measures an investment's performance, particularly in bearish markets. A ratio below 100 indicates outperformance against the benchmark during specified periods. Read on to know you can use this ratio to assess your investments.
We examine the key fundamentals of the DSP Equal Opportunities Fund, its portfolio, and performance to help you make an informed investment decision.
Know the difference between death & maturity benefit
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 34th part of this series, Riju Mehta explains the difference between the two types of benefits in life insurance.
Shift risk from equity to safer debt as goals near end
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
This stock gave 43% in 1 year-Should you buy?
Rising global aluminium demand, governments infrastructure development plans, housing for all schemes, and promotion of EVs are the key demand drivers that will potentially benefit the stock.
DSP Equity Opportunities Fund: Should you invest?
We examine the key fundamentals of the DSP Equal Opportunities Fund, its portfolio, and performance to help you make an informed investment decision.
Hunter or farmer: Know your mindset to ace job market
The post-AI job market is unpredictable with new technologies and economic changes challenging you at every step of the way. To navigate careers, understanding if you have a hunter or farmer mindset is essential. Read on to know what sets hunters and farmers apart and what their distinct characteristics are in this article.
Spend retirement funds on small joys that are regular
Retirement does not mean that people endure sub-par lives, making martyrs of themselves. It could truly translate to times when they could exercise their choices freely, and allocate financial resources to things that matter the most to themnot in the distant future, but in their present everyday lives.
What is down-market capture ratio?
This ratio measures an investment's performance, particularly in bearish markets. A ratio below 100 indicates outperformance against the benchmark during specified periods. Read on to know you can use this ratio to assess your investments.
How students abroad should manage money
Students studying abroad should consider their allowance as a fixed amount, from which they need to make judicious allocations for all their essential and discretionary expenses. Having an additional source of income via side hustles can help them further increase the amount of money they have available. Read on to learn how international students can manage their funds effectively.
Thematic funds becoming trap? Time for SEBI to step in
Thematic mutual funds have been investor's favourites recently, which explains why they managed to attract Rs 80,000 crore last year. With thematic funds growth being unchecked and AMCs promoting narrow and risky themes, a good number of funds may fail to deliver as per expectation and some may even lead to significant loss of investor money. Read on to know why a timely intervention by Sebi is necessary.
These 9 MFs have only gotten better over last 4 yrs
Volatility in domestic equity markets has recently intensified due to increased FPI selling, a stronger US dollar, and rising US bond yields. In this market, some actively managed mutual funds have managed to improve their returns over 4 years. Read on to learn more about the sectors and stocks commonly held by most of these mutual funds in this article.
When should you get riders & add-ons in health plan?
Health insurance plans offer various riders and add-ons to enhance coverage with options like hospital cash, no-claim bonus, and maternity benefits. While these features can be tailored to an individual's medical needs, when should these become a part of your health plan? What is the difference between the two, and how do riders and add-ons differ in terms of value addition to your plan? Know more about it here.
Time to buy your house: Dont wait for loan rate cut
If you are a prospective home buyer, solely focusing on interest rate cuts to reduce your home loan EMI may not be a smart move. This is because rising property prices could potentially offset the benefits. What should your plan of action be, if you are looking to buy a property for self-use or investment purposes? Read on to know more
Employee turnover: NBFC-MFIs sailing in the same boat as private sector and small finance banks
Attrition in the case of some MFIs is more than 50 per cent; 25% of the employees quit their job without having another in hand
India may have missed out on riding the Bitcoin wave, data indicates
While stakeholders agreed that India does not figure among the countries with significant Bitcoin holdings, theres still scope for the government to make up on lost time
Why you need an emergency fund and how to start building one today
An emergency fund is important for financial security. It provides a safety net during unexpected situations. One can start by setting a savings goal, cutting unnecessary expenses, and consistently saving to build their fund.
RBL Bank Q3 PAT tanks 86% as asset quality worsens, provisions rise
NIM contracts; bank lowers guidance on loan growth
Fixed deposit: General citizens can get up to 9% interest rate on FDs worth up to Rs 3 crore for three years tenure. Check out the full list of banks offering up to 9% interest rate on fixed deposits to general citizens. Note: TDS will be deducted when interest payable or reinvested on FD per customer across all branches, exceeds Rs 40,000 in a year.
Kotak Mahindra Bank Q3 net profit rises 10% at 4,701 crore
The lender had reported a net profit of 4,265 crore in the year-ago period and 5,044 crore in the preceding September quarter
Jio Financial reports Q3 PAT at 295 crore
JFSs AUM stood at Rs 4,199 crore in Q3 as against Rs 1,206 crore in Q2
WazirX freezes first tranche of stolen funds worth $3 million
WazirX parent, Zettai has been working in partnership with law enforcement agencies to trace and retrieve stolen assets
HSBC receives RBI approval to open 20 new branches in India
To provide additional touchpoints for affluent, HNW, UHNW and non-resident clients
WazirX freezes first set of stolen funds worth $3 million
The announcement comes shortly after foreign governments attributed the theft to North Korean hackers
A complete guide to exploring the latest gold rate for buyers and investor
Gold continues to be a popular investment in Punjab, with rates influenced by global demand, currency fluctuations, and local factors. Bajaj Finance offers gold loans as a secure option to meet financial needs without selling gold. Their competitive interest rates, fast processing, and secure storage make it a reliable choice for leveraging gold assets.
Top 5 Flexi-cap funds with up to 30.37% returns in 1 year
Top 5 equity large and midcap funds with up to 40.14% returns in 1 year
Tata Sons request to deregister as NBFC under RBI review, stays on upper-layer list
RBI examining the companys proposal to de-register itself as a core investment category NBFC.
Binod Kumar takes charge as MD & CEO of Indian Bank
Shriram Life Insurance launches Sunishchit Laabh savings plan
The savings plan promises guaranteed returns of up to 668 per cent of the total premium paid
Axis Bank Q3 PAT up 4 per cent y-o-y; NPAs rise
Net profit down 9 per cent Q-o-Q on lower other income; asset quality worsens
Latest PPF, Senior Citizen Savings Scheme, SSY, NSC, other small savings schemes interest rates
Post Office FD vs RD: Which will generate higher returns on Rs 6 lakh investment in 5 Years?
Post Office Fixed Deposit (FD) and Post Office Recurring Deposit (RD) are popular investment options for those who are looking for risk-free returns. These schemes are not linked to the market, so the returns are guaranteed. In FD, one can invest a lump sum amount at once, while in RD, investors can invest money every month.
EPF account transfer on switching jobs: The requirement for an employee to submit online transfer claims via the previous or current employer has been removed for specified cases listed below.
Solana scaling solution Solaxy raises $10 million in crypto presale
Solaxy (SOLX) reaches a $10 million milestone in its presale phase, generating strong interest despite market uncertainties. As Solana's first Layer-2 solution, Solaxy aims to alleviate network congestion using roll-up technology. The project combines meme coin appeal with long-term utility, promising substantial growth.
8th Pay Commission Approval: Prime Minister Narendra Modi today (Thursday, January 16, 2024) gave the go-ahead to the 8th Pay Commission, Zee Business reported.The tenure of the 7th Pay Commission will remain till the end of the year 2026. Union Minister Ashwini Vaishnaw gave information about the formation of the 8th Pay Commission.
Top new crypto presales to watch for early 2025 gains
Three promising crypto presales - Wall Street Pepe, Solaxy, and Meme Index - offer innovative solutions and growing communities. Wall Street Pepe provides trading insights and competitions for small investors. Solaxy introduces a Layer-2 solution for Solana. Meme Index simplifies meme coin investments with curated baskets.
New meme coin Wall Street Pepe surpasses $45 million in presale: Is WEPE the next big crypto?
Four hidden crypto gems poised for massive growth in 2025
Wall Street Pepe, Solaxy, Best Wallet, and Meme Index are four emerging cryptocurrencies with unique solutions and considerable growth potential. Wall Street Pepe aims to empower small investors, Solaxy enhances Solana's speed and efficiency, Best Wallet offers comprehensive asset management, and Meme Index simplifies meme coin investments across four risk profiles. Their presales have attracted significant interest and investment.
FD interest rate up to 8%: Check which bank is offering the highest rate on 3-year fixed deposits
FD interest rate up to 8%: Bank customers should compare the interest rates offered by different banks for the desired tenure. Here is a table comparing interest rates offered by different banks for a 3-year tenure across private sector banks, public sector banks, and foreign banks.
PNB MetLife partners with Saraswat Co-operative Bank to offer insurance solutions
Bancassurance partnership aims to enhance financial inclusion
Chasing returns via mutual funds? Anil Singhvi wants you to focus on these 3 categories now
As Nifty has corrected from the September highs by as much as 11 per cent, Anil Singhvi said that investors instead of investing in stocks directly can take the mutual fund route.
Retirement Planning: Can I transfer funds from EPFO account to NPS for better returns?
Is it possible to transfer funds from an EPFO account to NPS in order to get better returns? Our panel of experts answers questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Shriram Housing Finance is now Truhome Finance
Rebranding follows acquisition of Shriram Housing Finance by Warburg Pincus and its co-investors from Shriram Finance
