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HDFC Bank: Chakrabortys sudden exit as Part-time Chairman stirs hornets nest
Stock hits 52-week low; banks board may approach M Rajeshwar Rao, former Deputy Governor of RBI, to replace Chakraborty
No power struggle in HDFC Bank, Chakrabortys resignation baffling
Differences of opinion/views will always be there between individuals, but there was nothing substantive whatsoever in the bank
India's largest asset manager SBI Funds Management files for IPO
India's largest asset manager SBI Funds Management filed for an initial public offering, where its existing investors State Bank of India and Amundi will together offload a 10% stake, its draft prospectus showed on Thursday.
Misuse of Insolvency and Bankruptcy Code by loan defaulters has tendency to badly impact economy: HC
The court said it has noticed a disturbing trend in which chronic defaulters take resort to the provisions of the IBC to frustrate secured creditors and auction purchasers from proceeding under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act
Sahara refund portal update: Have claim up to Rs10 lakh? Check resubmission process
Depositors can now access a simplified refund process through the CRCS-Sahara refund portal for claims up to Rs 10 lakh. This Supreme Court-monitored initiative allows resubmission for those with previous deficiencies or payment failures, with claims processed within 45 working days.
Jairam Ramesh, who held different ministries during the United Progressive Alliance (UPA) government, came down heavily on the current government, saying during the Modi governments nearly 12-year tenure, several social security schemes have gradually weakened, or have been deliberately made weakened.
South Mumbai home prices are set to rise. The ongoing Gulf war is increasing construction costs for builders. This could lead to a 5% price hike for luxury apartments. Steel and aluminium prices have surged. Imported fittings also cost more. Buyers may face an additional Rs 50-150 per square foot.
Finance Ministry calls HDFC Bank strong institution with sound fundamentals
The RBI approved Keki Mistry as interim part-time chairman, ensuring a smooth transition amid the ongoing HDFC-HDFC Bank merger
Are you living in illusion of safety of fixed deposit held in a bank? Do this to safeguard your FD
FD investors often overlook bank failure risks, as only 5 lakh per depositor per bank is insured by DICGC. Spreading funds across multiple banks and legal owners, including joint accounts and family members, is crucial to maximize insurance coverage and protect principal beyond the 5 lakh limit.
Festive occasions like Ugadi and Gudi Padwa see many people buying gold. Today, March 19, 2026, gold prices have dropped. Major jewellers like Tanishq, Kalyan Jewellers, Malabar Gold & Diamonds, and Joyalukkas are offering 22k gold at competitive rates. IBJA data also shows a dip in gold and silver prices compared to yesterday.
Income tax refund delay: Why lakhs of taxpayers are still waiting and what the rules say
Many taxpayers who filed ITRs for FY 202425 (AY 202526) are still waiting for refunds. However, such delays are not uncommon and do not always indicate an issue with the return.
HDFC Bank has a history of compliance issues. Heres a list
HDFC Bank says chairmans exit could be due to a rift with the banks management team
HDFC Bank crashes 9% in one day. Which mutual funds have highest exposure to this stock in February
HDFC Bank shares fell nearly 9% after the resignation of Chairman Atanu Chakraborty triggered leadership concerns. Mutual funds held 359 crore shares worth Rs 3.19 lakh crore before the fall, with SBI Mutual Fund leading exposure. The data highlights significant institutional holding in the stock despite recent volatility.
ATM rules : Several Indian banks, including HDFC, PNB, and Bandhan Bank, are implementing changes to ATM withdrawal policies effective April 1, 2026. These modifications involve UPI withdrawal limits, daily withdrawal caps on specific debit cards, and revised free transaction counts.
The shares of HDFC Bank fell as much as 8.7% on Thursday before paring losses, after the exit of part-time chairman Atanu Chakraborty citing ethical concerns. RBI has reassured that the bank is financially sound and that there are no material concerns as regards its conduct or governance. Chakraborty has called his resignation quite routine and othing worth discussion.
Property sellers can now fix TDS credit mistakes. If a buyer incorrectly deposited TDS, sellers can file Form 71 within two years. This form helps align TDS credit with the correct assessment year. The ITAT Delhi recently upheld this, ensuring sellers receive credit even if the buyer erred. This mechanism aids taxpayers in claiming their rightful TDS.
HDFC Bank, RIL, and Infosys among top 10 stock holdings of HDFC Mutual Fund in February
Atanu Chakraborty calls resignation from HDFC Bank routine
Nothing worth discussion, says former Non-Executive Chairman of HDFC Bank Atanu Chakraborty about resignation
Want Rs 1 lakh monthly income after retirement? Senior citizens can use these govt-backed schemes
Many senior citizens prefer stable income over high-risk returns. Government-backed schemes like the Senior Citizen Savings Scheme (SCSS) and RBI Floating Rate Bonds offer returns above 8%.
No material concerns on record as regards HDFC Banks conduct or governance: RBI
HDFC Bank part-time chairman Atanu Chakraborty resigns citing differences with the lender over values and ethics
The Employees Provident Fund Organisation has simplified rules for international workers. Payments can now be made directly to overseas bank accounts. This eases hardships related to tax forms. Only nations with Social Security Agreements are eligible. A nodal office in Delhi will manage tax forms. This change aims to streamline fund transfers for global employees.
8 critical mistakes that can get your health insurance claim rejected
Health insurance is designed to protect you during medical emergencies, but even minor mistakes can result in claim rejection. Many policyholders lose out because of document errors, missing disclosures, or incorrect hospital records. By being aware of these common mistakes, you can steer clear of unnecessary stress and financial loss. Read to know more about the key mistakes you should watch out for.
HDFC Bank says chairman exit may be over rift with management; stock falls
HDFC Bank shares dropped up to 8.7% on Thursday after non-executive Chairman Atanu Chakraborty resigned over values and ethics differences, raising governance concerns
Gold, silver ETFs tumble up to 8% on Feds hawkish stance. Is it time to buy the dip?
Silver and gold exchange-traded funds saw a sharp decline on Thursday. This happened after the US Federal Reserve kept interest rates steady and signalled a cautious approach to future cuts. Several silver ETFs dropped up to 8%, while gold ETFs fell between 2% and 4%.
HDFC Bank shares down 5.11% as Chairman quits over ethical concerns
It opened at 770, the days low and a new 52-week low, breaking the previous range floor
Mutual funds bet big on healthcare, outpace BSE 200 exposure. Should you join in?
Mutual funds significantly increased their allocation to the healthcare sector in February 2026, making it their fourth-largest exposure. This overweight stance, exceeding the BSE 200 benchmark, is driven by strong earnings visibility, export potential in pharmaceuticals, and rising insurance penetration. Experts suggest moderate exposure for investors, balancing stability with sectoral concentration risks.
Best arbitrage mutual funds to invest in March 2026
Arbitrage funds look for arbitrage opportunities available between the cash and derivatives markets. In other words, the fund managers in these schemes look for the price difference that they can exploit between the cash and derivatives markets. They may also invest in debt securities and equities if there are no arbitrage opportunities available in the market.
HSBC mulls massive job cuts in AI adoption move
Non-client facing roles in global service centres among those expected to be most impacted
8 simple habits that prevent lifestyle creep and boost your savings
Gudi Padwa bank holiday today 2026: Are banks closed today on March 19, 2026 in your state?
Banks across several Indian states will be closed on Thursday, March 19, 2026, due to various regional festivals. Celebrations like Gudi Padwa, Ugadi, Telugu New Year, and Sajibu Nongmapanba will lead to closures in states.
Jerome Powell says he will stay Fed chair until successor is confirmed
With Kevin Warshs nomination pending and legal proceedings ongoing, Powell signalled he could serve as chair pro-tem beyond his May term-end if needed
Fed holds rates steady, flags inflation risks amid USIran conflict uncertainty
While policymakers still expect one rate cut this year, growing uncertainty and sticky inflation have made future moves less predictable.
HDFC Banks part-time chairman Atanu Chakraborty resigns
Cites mismatch between his personal values and some of the banks practices witnessed over the last two years
RNFI, Jio Payments Bank roll out cardless cash withdrawals via UPI QR
Customers can simply scan the QR code, enter the withdrawal amount, and authenticate using their UPI PIN
Indian Bank set to raise 5,000 crore via infrastructure bonds
Public sector bank secures necessary approvals
Rupee plunges to a new record closing low of 92.63/USD
Dragged by rising crude oil prices and escalating war in West Asia
ARCL facilitates 10.5 lakh crore funding via tri-party repo in corporate bonds
The tri-party repo platform is enabling corporates and financial institutions to access low-cost liquidity using corporate bonds, reducing reliance on traditional bank funding and driving strong market adoption.
Standard Chartered reviews bids from Kotak, Federal Bank for India credit card portfolio
The move aligns with its strategy to exit non-core, single-product relationships and focus on affluent clients
RBI clears Bain Capital investment in Manappuram Finance subsidiaries
With all statutory clearances in place, the deal is set to close by March 2026, after which Bain Capital will acquire joint control and a significant stake in the company
SBI-led secured lenders move SC for claims from 5,100 cr deposited by Sterling Biotech
The banks placed on record a consolidated computation of claims across multiple Group entities and setting out the methodology adopted for the distribution of the amount
CIBIL score monitoring hits 183 million as credit awareness rises across India
Gen Z emerged as the fastest-growing segment, increasingly opting for secured credit like gold and two-wheeler loans.
Axis Bank to infuse 1,500 crore into its subsidiary Axis Finance
AFL, incorporated on April 27, 1995, has posted consistent revenue growth over the past three years
Indian Bank, NaBFID to raise 8,000 crore via bonds by March
Lenders plan infrastructure bond issuances amid strong institutional demand
Cipla, GSPL among 6 stocks that hit 52-week lows; slip up to 24% in a month
Seven stocks from the BSE 500 index slipped to their 52-week lows. A 52-week low marks the lowest level a stock has traded at over the past year, and is closely tracked by traders and investors to gauge valuations and potential future price trends.
Canara Robeco Large and Mid Cap Fund turns Rs 10,000 SIP to Rs 2 crore in over 2 decades
Canara Robeco Large and Mid Cap Fund, a large and midcap fund managed by Canara Robeco Mutual Fund, turned a Rs 10,000 monthly SIP to Rs 1,97,34,611, delivering an XIRR of 16.89% in nearly 21 years since its inception.
BlackSoil Capital raises 200 cr from Impact Fund Denmark for climate lending
The company said it will focus on women-led businesses and sectors with limited access to formal finance
Property in wifes name? Ownership cant be challenged without proof of family funds
The Orissa High Court upheld a mother's right to evict her son and daughter-in-law from her self-acquired house. The court ruled that property solely in a woman's name is her absolute property, as per Section 14 of the Hindu Succession Act, unless joint family funding is clearly proven. The son's claim of joint ownership failed due to lack of evidence.
Mutual funds raise cash by Rs 3,500 crore in February amid volatility; kitty at Rs 2.09 lakh crore
Mutual funds boosted their cash reserves by Rs 3,544 crore in February 2026, reaching a total of Rs 2.09 lakh crore. This marks a slight increase in cash as a percentage of total assets under management. Several large fund houses, including SBI Mutual Fund and PPFAS Mutual Fund, hold significant cash positions.
Metal stocks, once among 2025s top performers, have slipped up to 15% since the IranIsrael/US conflict began on February 27. Despite showing resilience versus other sectors, high valuations and global risk-off sentiment are weighing on the space, leaving metals vulnerable to a deeper correction amid elevated macro uncertainty.
In a letter written to Ranjana Desai, chairperson, 8th Pay Commission, KV Ramesh, secretary general, IRTSA, wrote that stakeholders should be allowed to submit responses offline and the commission should also include questions related to more allowances, pension and pensioner rights, new classification of Group A, B and C employees, among others.
8th Pay Commission questionnaire submission deadline extended: Check details
The 8th Pay Commission has extended the deadline for submitting responses to its 18-point questionnaire to March 31, 2026. Central government employees, pensioners, and unions are invited to provide feedback on pay, pension, and employment conditions.
DA hike: Expected announcement date in 2026 and latest updates for government employees
Looking for flexicap mutual funds? Here are the top 7 funds to invest in March 2026
ETMutualFunds has identified top flexicap mutual funds. Selections were based on rolling returns, consistency, risk, and asset size. Funds like Parag Parikh Flexi Cap Fund and HDFC Flexi Cap Fund showed strong performance. These funds suit moderate investors with a five to seven-year horizon for wealth creation.
6 new airline rules on free seat allocation, PNR, delays, cancellations and more
Airlines must now offer at least 60% of flight seats free of charge, ensuring fairer access for all passengers. New DGCA rules also mandate families sit together, allow sports equipment and pets, and improve communication of passenger rights in regional languages.
Lloyds of London to anchor global reinsurance presence in GIFT City
The application is for the establishment of a statutory insurance and reinsurance corporation, authorised to undertake insurance and reinsurance business, with funds to be remitted from Lloyds head office in London
Axis Bank to invest 1,500 crore in consumer lending arm
Axis Bank has reconsidered stake sale in Axis Finance after the central bank eased its rules on overlapping activities between banks and their subsidiaries
Silver and gold ETFs fall up to 4% ahead of Fed decision. What investors should do
Silver and gold ETFs fell nearly 4% on Wednesday, tracking a mild decline in MCX prices as investors turned cautious ahead of the U.S. Federal Reserves policy decision. Uncertainty around the Middle East conflict and interest rate outlook weighed on sentiment. The near-term trajectory for gold will depend on the Feds guidance on rate cuts versus a prolonged pause.
The Supreme Court quashed criminal charges against a father-in-law in a 498A case, citing the divorce decree obtained by his son and ex-wife. The court emphasized that continuing proceedings after the marriage has ended serves no legitimate purpose, prolongs bitterness, and burdens the justice system. This decision highlights the court's use of Article 142 powers to ensure complete justice.
8 strategies to build wealth when you start with nothing
Feeling stuck at work in your 20s? 7 smart moves to restart your career
Best aggressive hybrid mutual funds to invest in March 2026
If you are bothered about the uncertainties and volatility in the market, you can consider investing in aggressive hybrid mutual funds. Mutual fund advisors typically recommend aggressive hybrid fund schemes to conservative equity investors to create wealth to achieve their long-term financial goals.
Securing the lowest home loan interest rate is crucial for significant long-term savings, with rates influenced by credit score, LTV, and income. Public and private sector banks offer varying rates on loans above Rs 75 lakhs. Tax benefits include deductions on interest and principal repayment.
With watchful eye on Iran war, crypto dodges UAE disruption
The blockchain industrys virtual-first structure has kept the UAE crypto industry resilient as the West Asia conflict enters its third week
Tata Steel Share Price Live Updates: Tata Steel's Current Trading Status
Apollo Hospital Share Price Live Updates: Today's Performance of Apollo Hospital
Hindalco Share Price Live Updates: Hindalco's Performance Overview
Kotak Bank Share Price Live Updates: Kotak Bank's Current Trading Status
M&M Share Price Live Updates: M&M's Stock Price and Returns Overview
Power Grid Share Price Live Updates: Power Grid's Stock Update: Gains and Returns
JSW Steel Share Price Live Updates: JSW Steel's Price Update
ITC Share Price Live Updates: Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Bharti Airtel Share Price Live Updates: Bharti Airtel's Market Position Today
L&T Share Price Live Updates: L&T's Recent Market Trends
Infosys Share Price Live Updates: Disclosure Under Regulation 30 Of SEBI LODR Regulations
Bajaj Auto Share Price Live Updates: Bajaj Auto's Market Update
Tata Motors PV Share Price Live Updates: Tata Motors PV experiences a positive shift in price
TCS Share Price Live Updates: TCS sees a positive shift in its stock price
Cipla Share Price Live Updates: Cipla's Recent Performance
Bajaj Finance Share Price Live Updates: Bajaj Finance's Current Price and Market Performance
Government, RBI strengthen measures against fraudulent loan apps
Regulatory guidelines, app directory, blocking orders and awareness campaigns in place; states primarily responsible for enforcement and prosecution
India has no legal limit on gold ownership, provided its source is declared income. While CBDT offers seizure guidelines for specific gold jewellery quantities during searches, exceeding these limits isn't illegal if the origin is explained. Documentation like bills, inheritance papers, or gift records is crucial for proving legitimacy, especially for coins and bars.
Experts urge investors to choose hybrid funds in turbulent market
Amidst geopolitical uncertainty and market volatility, financial planners recommend cautious investors opt for hybrid funds. These schemes blend equity for growth and debt for stability, managing volatility and providing a smoother investment journey. Hybrid funds offer automatic asset allocation, ensuring disciplined portfolio management without investor intervention.
IRDAI holds talks on Public Insurance Registry design
India's insurance regulator, IRDAI, met with industry leaders to discuss the new Public Insurance Registry and Bima Sugam platform. This digital infrastructure aims to boost transparency and consumer protection. The initiative will consolidate insurance data, reduce information gaps, and improve fraud detection. It will cover the entire insurance process from policy to claims, enhancing regulatory oversight and promoting insurance inclusion.
State Bank of India mops up 6,051 cr via 10-year Basel III compliant tier 2 bonds at 7.05%
The bonds are issued for a tenor of 10 years, with call option after 5 years and each anniversary date thereafter
Navi enters motor insurance with zero-commission digital plans
Available through its app, the direct-to-customer product eliminates intermediary costs, enabling competitive pricing
NPCI International expands UPI merchant acceptance in Sri Lanka
With UPIs robust infrastructure and integration with LankaQR, the initiative aims to enable seamless transactions
Jio Payments Bank launches UPI-based cash withdrawal at BC points
The initiative aims to strengthen the digital payments ecosystem while improving financial inclusion, especially in rural and semi-urban areas
