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RBL Bank to raise up to $1 billion from overseas investors
In June, Emirates NBD Bank announced the successful completion of the acquisition of a majority stake in RBL Bank through a primary infusion of approximately $2.75 billion (about 26,000 crore)
SIP calculators can overstate realistic wealth creation by assuming fixed contributions for decades. DSP Mutual Fund highlights how income-adjusted SIPs, market downturn stoppages and withdrawals can significantly reduce final corpus, making affordability, discipline and staying invested crucial for long-term compounding.
EPF interest after leaving job at 40: Will you earn interest till 58? Know the rules
An ETMutualFunds analysis reveals that 15 equity mutual funds multiplied lumpsum investments by over 4.3 times in seven years. Small cap and mid cap schemes dominated the performance list, led by Quant Small Cap Fund, which delivered a 7.75x return alongside strong growth across flexi cap and ELSS categories.
Axis BanklaunchesARISE Homecomingto extend hiring beyond geographies
Programme open to overseas students and professionals with up to two years of international work experience
GetePay flags sustainability challenge as UPI displaces cards
The Rajasthan-based company believes the industry may need to move beyond the zero-MDR model for UPI and consider a nominal transaction-linked fee to fund investments
RBIs 30-day VRRR auction gets tepid response
Banks offered substantially less than the notified amount as the RBI continued efforts to absorb surplus funds from the financial system
8th Pay Commission latest news: As discussions unfold, employee and pensioner associations are set to engage with the 8th Pay Commission on salary and pension concerns. Their aim is to raise the annual increment rate from three percent to a range of five to seven percent. This adjustment seeks to enhance salary progression over shorter timelines, with projections indicating that increased increments could yield significant earnings growth, bypassing the need for a fitment factor.
Edelweiss Mid Cap, Invesco India Midcap among 9 midcap funds with consistent performance in 5 years
Nine midcap funds stood out for their high performance consistency over the past five years, based on the CRISP Mutual Fund Scorecard for the quarter ended June 2026 by Share.Market by PhonePe. The funds were assessed on performance consistency, risk versus peers, investment style, five-year CAGR and AUM.
RBI withdraws over 6 trillion of bank liquidity after record spike
The Reserve Bank of India received offers worth 3.53 trillion at an overnight auction, right after banks parked 2.59 trillion through a 30-day auction
HDFC Bank has reduced its MCLR rates on select tenures by up to ten basis points. These revised rates will become effective from September seventh, 2026. Borrowers with loans linked to this regime will experience some financial relief.
RWA earned rent by letting out common areas and collected maintenance from residents and seeked charitable trust registration; ITAT Chandigarh rejects RWAs appeal. Laliet Kumar, a Judicial Member and Manoj Kumar Aggarwal, an Accountant Member of the Income Tax Appellate Tribunal (ITAT) Chandigarh gave this judgement.
RBI announces overnight cash withdrawal after 'technical glitch' at 30-day auction
RBI will conduct an overnight variable rate reverse repo VRRR for 5 trillion rupees ($52.96 billion), after receiving offers for 2.59 trillion rupees for a 30-day auction that provided banks an early redemption option
Rs 1.23 lakh tax demand notice sent as man filed ITR with new tax regime but it was processed with old tax regime due to tax consultants error, ITAT Bangalore allows his appeal. Know how Mr Shah won the case.
Bitcoin network says $320 million stolen in latest crypto hack
Liquid Network, which develops a blockchain designed for faster transactions, had roughly 4,000 of the 4,200 Bitcoin held in its Liquid Federation wallet stolen
Power stocks to watch: Suzlon, NTPC among Ambits top picks; Torrent Power gets a miss
Gold loan in 2026: 8 key rules and risks before you pledge your family jewellery
RBI likely intervened to support rupee, traders say
The rupee was lifted about 0.1 per cent by the intervention and was last hovering at 94.42 per dollar, compared with its close at 94.4850 in the previous session
Best small cap mutual funds to invest in September 2026
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks. Small companies go through many ups and downs - more than the established companies in the large and mid cap segments
Bitcoin drops below $80,000 as US jobs data spurs Fed-hike bets
The token fell to as low as $78,649, alongside stocks and bonds after nonfarm payrolls increased 162,000 in August
Mutual fund cash levels: When to worry?
Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why funds sit on cash, what it costs you, and when it should worry you.
Gen Z and homebuying: Generation not loan-ready?
Gen Z is not rejecting homeownership. It is becoming more deliberate about the financial equation behind it. For this generation, a sensible purchase is one where the EMI fits comfortably alongside savings, investments and other financial goals.
Gold vs equity in 2026: Which gave higher returns?
Welcome to TrendMap, your quick guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The annual returns are ranked across multiple asset classes, including equity, debt, and precious metals. This map shows that no single asset class reigns supreme. Hence, diversification helps. By Sameer Bhardwaj.
Why Indian retirees have less equity in corpus
For the longest time, we had a defined benefit plan. Even today, we have around us many retired government and public sector employees (and their widows and dependent children as applicable) earning a lifetime inflation-adjusted monthly pension that is way beyond their contributions during their earning years.
Indias 7.8% growth real? Neelkanth Mishra explains
High-frequency data reveals that India's economy is on an upward trajectory, exhibiting robust growth. An executive highlights vibrant vehicle sales and soaring credit demand. Additionally, corporate earnings show positive trends, with notable increases in capital expenditure. However, the nation is still on the path to fully recovering from the effects of COVID, emphasising the necessity for ongoing reforms to achieve sustainable growth and minimise economic gaps.
Why homemakers may need a term insurance plan
The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint.
UK to India: Tax rules returning NRIs must know
Non-resident Indians should note that leaving the UK doesn't automatically terminate tax residency. Retaining connections might keep your tax status intact even after relocating. Income and capital gains sourced from the UK could still be liable for UK tax post-departure. Additionally, Indian tax residents are required to report foreign assets and income. Seeking professional advice is essential for a smooth financial adjustment when returning to India.
Sugar prices rise: Are sugar stocks set to gain?
India is currently experiencing a sugar shortage, caused by shorter production yields and increased consumer demand. While government initiatives are in place to stabilise prices, they may not adequately address the root supply problems. Additionally, global conditions, such as Brazil prioritizing ethanol production, keep international sugar costs high. Experts foresee a sustained tight market in the coming seasons, leading to greater profitability for sugar firms.
Indias foreign deposit drive may cost RBI $10.6 bn
India's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The unexpected surge in funds from the special deposit program may impose a financial burden, with economists estimating the cost could exceed twelve billion dollars. To counterbalance these expenses, the central bank might resort to foreign investments for financial relief.
India focuses too much on foreign capital: DSP CIO
Anish Tawakley took over as Chief Investment Officer (CIO) at DSP Asset Managers in April after a successful stint as co-CIO at ICICI Prudential AMC. With his contrarian credentials fitting well with DSPs investment approach, Tawakley discusses with Sanket Dhanorkar his plans to refine processes, lessons from the past, style diversity, and his outlook on equity and bond markets.
Can fee-based investment advice survive in India?
In the Indian investment landscape, a stark difference exists between mutual fund distributors who earn commissions and fee-only advisors who charge direct fees. This distinction has left many investors perplexed. Industry professionals have embarked on varying paths, revealing the challenges posed by regulatory complexities and compliance demands. The market is in need of clearer guidelines and supportive regulations to enhance the viability of independent advisory practices.
NCLT special bench stays repayment plan; NCLAT keeps banks appeal pending till October 7
Motor insurance gets more personalised as data takes the wheel
Insurers tailor own-damage add-ons, named-driver plans and mileage-linked premiums
Equity mutual funds delivered up to 6% return last week. Check top 10 performers
IDBI Bank stake sale: Open offer remains a possibility
The transaction could likely raise scam-like fears as in the case Central Electronics Ltd which the Centre had to hurriedly abort, says EAS Sarma, former secretary to government
Indian Bank to set up office in Dubai to expand foreign operations
Bank is exploring the possibility of having a presence in Malaysia and Indonesia.
RBI okays LICs applicationto acquire up to 9.99% stake in ICICIBank
RBI approval lets insurer buy up to 9.99% within twelve months officially.
Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures.
8th CPC: Can Level 7 employees get Rs 58K pension?
CBI books Subhash Chandra for allegedly inflating net worth to secure nearly 1,000 crore in loans
The complaint alleges two loan facilities later went into default, while proceedings under the Insolvency and Bankruptcy Code brought his claims under scrutiny
Edelweiss MFs Altiva Equity Long Short Fund to launch September 10, Radhika Gupta explains strategy
Edelweiss Mutual Fund will launch Altiva Equity Long Short Fund on September 10, targeting consistent large-cap alpha through derivatives. The strategy seeks Nifty 100 outperformance, lower drawdowns and steadier returns, while potentially sacrificing some gains during sharp market rallies.
GIFT IFSC strengthens role as international banking hub, sees bigger role in Viksit Bharat funding
The financial centre raised about $54.2 billion in overseas funds through GIFT IFSC after the RBI allowed India to seek capital abroad
LIC gets RBI approval to acquire up to 9.99% stake in ICICI Bank
The approval comes amid LICs recent expansion of its potential holdings in major private lenders, including HDFC Bank.
HSBC Midcap among 5 midcap funds that delivered over 21% CAGR in 3 years. Do you own any?
Five midcap mutual funds delivered over 21% annualised returns in three years, led by HSBC Midcap at 25.1%. Invesco India, ICICI Prudential, WhiteOak Capital and Edelweiss Mid Cap also featured among top performers.
Stocks struggle, but these multi-asset funds score big: Whats driving returns?
Multi-asset allocation funds have outperformed the Nifty over one and three years, helped by strong gold, REIT and InvIT returns. Their diversified portfolios provide flexibility across equities, fixed income, precious metals and alternatives, with Quant, Nippon India, WhiteOak, ABSL and UTI among top three-year performers.
Vikas Khemanis Carnelian Asset Management files draft document with Sebi for its first fund
Carnelian Asset Management has filed documents with Sebi to launch its first liquid mutual fund, targeting short-term investors seeking high liquidity and low-to-moderate risk. The open-ended scheme will invest in debt and money-market instruments maturing within 91 days, expanding Carnelians offerings to retail investors.
Explained: Looking to start a mutual fund SIP? Know the different types and which one suits you
SIPs offer disciplined mutual fund investing, with options tailored to different goals, income patterns and market conditions. Regular, top-up, goal-based, step-up, flex, perpetual, trigger and multi-SIPs provide varying levels of flexibility, automation and diversification. Choosing the right type depends on financial goals, cash flow, risk appetite, investment horizon and market knowledge.
The EPFO has now made it possible for users to generate and activate their UAN directly via the UMANG app. This innovative approach incorporates Aadhaar-based facial recognition, streamlining access to essential EPFO services. After activating their UAN, employees can easily check their EPF balance and download passbooks.
Parag Parikh Flexi Cap, HDFC Flexi Cap among 8 flexicap funds with consistent performance in 5 years
Eight flexicap funds delivered consistent five-year performance, with varying risk levels, investment styles and returns. HDFC Flexi Cap led consistency at 91%, while several peers combined strong returns with acceptable or higher risk profiles.
Life Certificate: 6 problems NRIs may face while submitting their life certificate
As per the sale agreement, the villa measured 5069 square feet, but the builder delivered a 3900 square feet villa and said 30% of the area is open space; Telangana RERA slaps a Rs 98 lakh penalty on the builder and orders a Rs 20 lakh refund for the villa buyer. Laxmi Narayana Jannu and K. Srinivasa Rao, esteemed members of the Telangana RERA gave this judgement.
The Reserve Bank of India has announced the premature redemption terms for the SGB 2021-22 Series VI gold bond. Investors can redeem this series starting September 7, 2026, with the redemption value calculated from the average gold prices over the last three business days.
Want Rs 1 crore retirement corpus by 50? Monthly SIP you need to make at 30, 35 and 40 years of age
To amass a retirement corpus of Rs 1 crore by the age of fifty, meticulous financial planning is essential. For those starting their investment journey at thirty, a monthly SIP of Rs 10,875 is crucial. If you begin at thirty-five, the amount needed increases to Rs 21,020 per month, and forty-year-olds will require a hefty Rs 46,640 monthly.
Scheduled and non-scheduled banks typically close on the second and fourth Saturdays, digital banking services will remain active even on holidays. Furthermore, various regional holidays in September will affect physical branch availability, but customers can continue to perform transactions via internet and SMS banking.
NFRA forms nine-member panel on audit quality, assurance and technology
The panel brings together experts from professional, regulatory, technology and industry backgrounds to advise the audit oversight authority on emerging challenges
80% of FCNR (B) inflows came via the leverage route
Leverage Bets: Five-year deposits dominate; Average leverage is 9 times
RBI to conduct 30-day VRRR auction on Sept 7to suck out 7 lakh cr surplus with banks
This comes in the backdrop of the banking system being awash with liquidity
IRDAI cautions on fake website for insurance grievances
IRDAI also cautioned against making payments or sharing banking and financial credentialsor other confidential information
Sundaram Home Finance to expand emerging business segment in TN
Planning to open over 10 branches in small towns in TN under this segment
The Latest Fixed Deposit Interest Rates: Sep 04, 2026
The Latest Fixed Deposit Interest Rates: Sep 04, 2026
The Latest Home Loan Interest Rates: Sep 04, 2026
The Latest Home Loan Interest Rates: Sep 04, 2026
Air India has teamed up with IHG Hotels & Resorts, providing an exciting opportunity for Maharaja Club members to earn points during IHG stays globally. Moreover, IHG One Rewards members can seamlessly convert their points into Maharaja points.
Star Health settles 17 lakh+ claims worth 5,800 crore in Keralam
In Q1FY27, the company recorded GWP of 518 crore in the State and covered 5.3 lakh+ lives, with over 99% of its portfolio comprising retail health
A weak start does not necessarily mean an SIP will deliver poor long-term returns. A 20-year analysis by ShareMarket by PhonePe shows that most five-year SIPs recovered from weak or negative returns in the first two years, with nearly 69% eventually delivering double-digit annualised returns. The data also highlights how extending the investment horizon to seven or 10 years can significantly reduce loss risk and improve return consistency, underscoring the importance of patience and compounding in equity SIPs.
HDFC Bank, Ujjivan SFB start CEO search amid leadership changes in private banks
Kotak Mahindra Bank and Fino Payments Bank are reportedly at the advanced stage of appointment process
Mutual fund NFOs: 12 new funds are open for subscription now. Check details
UTI BSE India Sector Leaders ETF, Zerodha Life Cycle Fund 2031, Monarch Overnight Fund, Motilal Oswal Quality Fund, Navi Nifty REITs & Realty Index Fund, NFO, mutual funds, mutual fund news
Moving abroad? Know what happens to your NPS account after you become an NRI
Non-Resident Indians are permitted to maintain their National Pension System contributions from abroad. To remain involved, they must utilize NRE or NRO accounts for their investments. NRIs can select either active or auto allocation strategies aligned with their individual risk preferences.
Top 8 equity mutual funds deliver over 40% returns on SIP investments in 1 year. Do you own any?
The top eight equity mutual funds delivered over 40% returns on SIP investments in the last one year, with seven smallcap funds and one focused fund making the cut. Bank of India Small Cap Fund topped the list with a 49.99% return, while 247 of the 293 equity funds analysed delivered positive SIP returns during the period.
SBI Small Cap, Kotak Small Cap among 8 small-cap funds that lacked consistency over 5 years
Eight small-cap funds recorded low performance consistency over the past five years, with scores ranging from 20% to 46%, according to the CRI Mutual Fund Scorecard for the quarter ended June 2026. LIC MF Small Cap Fund had the highest consistency score at 46%, while Kotak Small Cap Fund ranked lowest at 20%.
Will you get EPF interest till 58 years of age if you leave job at 40? EPFO explains
Even if you've left your job, your EPF interest keeps accumulating until you turn 58. However, if you dont contribute for three years, your account will be inactive. Its usually a smart move to transfer your EPF balance to your new employer. Additionally, the VISHWAS, 2026 scheme provides businesses with a one-time settlement option to ease long-standing disputes and reduce penalties.
Abrupt CEO successions in private banks test focus on strategy
The recent unexpected exits of CEOs from two of the largest private sector banks, HDFC and Kotak Mahindra Bank is set to test that confidence, even as those lenders boast of strong balance sheets, with bad loans near multi-year lows and capital levels robust, analysts say.
Should young professionals buy health insurance beyond their employer cover?
Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your own health cover in your 20s, even with existing employer protection. Discover how buying early can lead to lower premiums, faster waiting period completion, and long-term financial advantages, ensuring your health security.
Can you stop NPS contributions for a few years? Know the impact before you take a break
Experiencing a financial setback? Halting NPS contributions may appear to be the only option, but have you considered the long-term consequences for your retirement fund? Delve into the longevity of your existing investments, what the minimum contribution requirements are, and how taking a break can influence your tax advantages.
ICICI Prudential leads MF SIP flows in Q1; 3 other AMCs top 10% market share
The top eight AMCs accounted for a significant share of mutual fund SIP flows in the June quarter, with ICICI Prudential AMC leading at 15.33%. HDFC AMC, SBI AMC and Nippon Life India AMC also commanded more than 10% market share each.
Gold prices experienced a notable rise today among prominent Indian jewellery retailers, including Tanishq, Malabar Gold & Diamonds, and Joyalukkas, who all reported an increased rate for 22k gold at Rs 14,360 per gram.
Your work experience is an asset: 6 ways to make it boost your career and income
DA hike 2026: DA may reach 64%; check how much your monthly pay could rise
Criminals deposited Rs 15 lakh in senior citizens bank a/c; police wants to question him; HC grants anticipatory bail and observes mere deposit of crime money in a/c insufficient to conclude he was knowingly involved in the crime
Bengali Hindulandlord earns Rs 1.89 crore rental income in Delhi, reports it in his HUFsITR; Income Tax dept rejects it on the ground that Dayabhaga Hindu cant have an HUF, landlord wins case in ITAT Delhi
IDBI Bank stake sale: Bank officers body seeks urgent mid-course correction
All-India Bank Officers Association (AIBOA) alleges valuation mismatches, inadequate transparency, and possible implications for minority shareholders in proposed deal
Gamer invested Rs 2.61 crore to play online Rummy, poker games; loses net Rs 28 lakh, stops playing, files ITR reporting Rs 4 lakh income; gets tax notice; he wins case in ITAT Bangalore. Waseem Ahmed, the Accountant Member, and Soundararajan K., the Judicial Member of ITAT Bangalore heard this case.
Foreign income disclosed in ITR-U: Why it could still trigger Black Money Act - FAST-DS 2026 Paradox
FAST-DS 2026 raises an important question for taxpayers who have voluntarily disclosed foreign income through a valid ITR-U. Can such income still remain undisclosed under the Black Money Act even though it may no longer qualify as undisclosed foreign income under FAST-DS 2026? This article examines the apparent statutory disconnect and the need for clarification from CBDT.
REC set to debut tokenised corporate bond sale next week, bankers say
Tokenised bonds are securities whose ownership, issuance, trading and settlement are recorded digitally on a blockchain or distributed ledger
JSW Steel Share Price Live Updates: JSW Steel Trading Insights
HSBC Midcap Fund achieved a remarkable 24% return over three years. A Rs 10,000 monthly SIP grew to over Rs 2 crore since inception. The fund manager emphasizes bottom-up stock selection and long-term growth potential. Experts attribute recent outperformance to strong stock picking within key sectors. Investors are advised to focus on long-term strategy and portfolio suitability.
Best mid cap mutual funds to invest in September 2026
Mid cap schemes invest in mid cap stocks or in stocks of medium-sized companies. As per Sebi norms, the mid cap mutual funds are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. Thats what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely.
Idle money in your bank account? Your bank balance could be losing value; heres how to fix it
HDFC Bank Share Price Live Updates: HDFC Bank's Price Breakout Signals Strong Market Movement
8th Pay Commission: Can Level 5 employees get up to Rs 15,800/month extra HRA under 8th CPC?
Employee associations are advocating for increased House Rent Allowance (HRA) rates for central government employees, aiming to tackle escalating rental prices in metropolitan areas. These suggestions have been forwarded to the 8th Pay Commission for evaluation. If accepted, Level 1-5 employees could see considerable boosts in their monthly HRA. The definitive report from the 8th Pay Commission will ultimately decide the revised HRA rates.
