27 C 
UPIs Tap & Pay, MYUPI shifts focus from payments to experience
For fintechs, the developments could mean that competition will increasingly move beyond payment processing and towards the quality of the overall customer and merchant experience
CPI inflation showing incipient signs of generalisation and global bond yields inching past decadal highs.
In FY 2025-26, UPI processed about 24,162 crore transactions worth about 314 lakh crore around 85 per cent of Indias digital payment transactions by volume
Finance Minister calls for stronger global safeguards and greater accountability as agentic AI systems gain real-world influence
RBI opts for sharp liquidity drain through $10.5 billion debt sale
India's banking system is flush with surplus cash after lenders raised a much larger-than-expected $127 billion under the RBI's special forex mobilisation scheme
RBI imposes 27.3 lakh penalty on Asset Care & Reconstruction Enterprise
The central bank imposed the penalty after its inspection found non-compliance with regulatory directions relating to the charging of management fees by the ARC
The Latest Fixed Deposit Interest Rates: Sep 11, 2026
The Latest Fixed Deposit Interest Rates: Sep 11, 2026
The Latest Home Loan Interest Rates: Sep 11, 2026
The Latest Home Loan Interest Rates: Sep 11, 2026
ATMs turn into FD booking counters as Suryoday SFB, SprintMoney and Hitachi join forces
The three-way integration connects Suryodays deposit products, SprintMoneys Financial Marketplace technology, and Hitachis ATM infrastructure
From zero-balance to 5,000: SBI says Jan Dhan customers are graduating into mainstream banking
The shift comes against the backdrop of nearly 590 million PMJDY accounts , more than 54% per cent of which are held by women, with a large proportion of customers coming from Tier-3 tier 3 and tier 4 Tier-4 areas, according Rama Mohan Rao Amara, while speaking at the Global Fintech Fest 2026 in Mumbai on Friday
Razorpay, Regulus Pay, EbixCash among 15 payment firms lining up for GIFT City licences
The growing interest is partly driven by GIFT Citys unified regulatory architecture, which allows payment companies to serve multiple financial-services businesses without having to navigate separate regulators, said IFSCA executive director Dipesh Shah
Zeta, Pluxee launch passkey authentication for RuPay card payments
Launch comes against backdrop of rising digital payment fraud in India, which crossed 21,367 crore in FY2025
The Mumbai consumer commission ruled against the EPFO, citing service deficiency linked to inadequate communication regarding a joint declaration application. Consequently, the commission mandated EPFO to pay six percent interest on the delayed EPF claim, which was filed by the complainant back in October 2016. EPFO has been instructed to fulfill this directive within a strict timeframe of forty-five days.
RBI has bond sales, FX swaps to manage liquidity: RBI Governor
Some of the surplus liquidity in the banking system would be withdrawn over time through foreign exchange interventions and banks' reserve requirements
Five mid-cap mutual funds delivered annualised returns above 20% over three years through September 2, 2026. HSBC Midcap Fund led with 24.1%, followed by Invesco India Mid Cap, ICICI Prudential Midcap, WhiteOak Capital Mid Cap and Edelweiss Mid Cap Fund.
IndusInd Bank links corporate credit card to working capital accounts
The card, available nationwide to eligible IndusInd Bank business customers, draws real-time from OD or CC accounts for both online and offline payments
9 equity mutual fund categories attract inflows in August; small caps remain investor favourite
Among the 11 sub-categories, smallcaps received the highest inflows of Rs 7,973 crore in August
Satbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father cant be slapped with Rs 12.83 lakh penalty under Section 270A if his ITR-reported income matches the assessed income and the only point of contention is the tax benefit from the India-United Arab Emirates (UAE) DTAA treaty.
Rs 2.5 crore retirement corpus: Can you get Rs 2 lakh monthly income for 25 years?
Strategic planning of retirement withdrawals from a Rs 2.5 crore fund is essential for financial security. Adopting a conservative withdrawal rate that is lower than the annual returns can help sustain the corpus. By gradually increasing withdrawals based on a fixed percentage, retirees can plan for better financial longevity. Moreover, beginning with lower withdrawals and scaling them up annually contributes positively to corpus preservation.
RBI partially cancels debt sale for first time in a year as rates spike
Central banks decision to limit bond sales amid rising yields signals potential shifts in monetary policy, as geopolitical tensions and U.S. economic data influence global market dynamics.
MotilalOswalDigitalIndiaFundNAVjumps10% in fivedays. Whats driving the rally?
Motilal Oswal Digital India Funds NAV rose over 5% in five days, helped by its sizeable ESDS Software holding. The stocks sharp post-listing rally has boosted the thematic fund, highlighting how concentrated positions can amplify NAV gains and volatility.
Major scope for India-Russia CBDC trade settlements, says Russias Sberbank
Sberbank has been using surplus rupees to support liquidity, including investments in Indian government securities. Talking about bilateral trade settlement in rupee terms
The cost of sitting out: Missing Niftys best 50 days cuts CAGR to 0.94% from 13.55%: Abakkus MF
Abakkus Mutual Fund highlights the steep cost of missing the markets strongest sessions. The Nifty 50 TRI delivered a 13.55% CAGR between April 2005 and August 2026, but this fell to 0.94% for investors who missed the best 50 days, underscoring the risks of trying to time the market.
BRICS should deepen banking links to boost local currency trade: Experts
BRICS experts in New Delhi advocate for enhanced banking ties and local currency trade to boost economic cooperation and reduce costs
EPF advance rules: You can withdraw EPF money for these 5 reasons; check limits
Members of the Employees Provident Fund Organisation can access their savings in times of need, such as emergencies and personal circumstances. Illness-related withdrawals have no limits, while education expenses allow for up to ten claims. For marriage and housing, members may withdraw funds up to five times each during their membership.
Removing name from mutation records cant take away ownership rights to land, rules Supreme Court; Heres what landowners should know. Read the article to know.
8th CPC: Pensioners demand 67% pension, Rs 69K pay
IndusInd Bank faces a Rs 1 crore penalty from IRDAI for failing to provide an adequate, insurance-specific grievance redressal mechanism for policyholders. Despite claims of an overall system, the regulator found a lack of dedicated channels and inadequate information, highlighting a crucial distinction between banking and insurance customer service.
Gold and silver prices fell on Friday, September 11, 2026, as fluctuations in the global market took their toll. The release of strong US PPI data heightened expectations of a Federal Reserve rate increase, putting further strain on precious metals. Heightened geopolitical issues compounded the situation, leading to price cuts from leading jewellers like Tanishq and Malabar Gold & Diamonds.
Buying insurance online? 5 digital frauds that can put your money at risk
Fraudsters are posing as insurers and regulators, offering fake benefits and using phishing links to dupe people
UPI Tap and Pay explained: How it works, key features, and its benefits
Digital payments are getting a new option. Here's what RBI's new UPI Tap and Pay feature is all about, how it works and what it could mean for users:
Where are MF Investors putting money? Small-caps, mid-caps and gold lead
32,297 Crore in SIPs, 29,329 Crore in Equity: How Investors Bet in August
When selling old gold jewellery, be aware that it comes with capital gains tax and Goods and Services Tax implications. Long-term capital gains tax is set at twelve point five percent, while short-term gains are taxed according to your income tax slab. The net proceeds from these sales are diminished after considering the purchase cost and holding duration, making it vital to factor in these taxes.
Gold ETF inflows jump 67% to Rs 2,596 crore in August. Why are investors piling in?
Gold prices and Gold ETFs have delivered strong returns, but experts caution investors against chasing recent performance. While central bank buying, geopolitical risks and diversification benefits support golds medium-term outlook, its lower Sharpe ratio highlights its cyclical nature. Experts recommend treating gold as a portfolio diversification tool and maintaining an appropriate allocation rather than increasing exposure solely because prices have risen.
The Reserve Bank of India has revealed the early redemption price for a particular series of gold bonds. Starting September 11, 2026, investors can redeem SGB 2019-20 Series X at Rs 15,328 per unit, determined by current gold pricing.
RBI intervenes to defend rupee as oil prices climb, traders say
State-run banks were spotted offering dollars, most likely on behalf of the RBI, the traders said
New Bankers Books Evidence Act to come into force from October 1
The legislation raises the threshold for summoning bank officials while enabling courts to access banking records in genuine cases with specific reasons
China to inject up to $54 billion into insurers and banks: What it means
The move is designed to strengthen insurers financial flexibility as regulatory changes and market pressures constrain their ability to deploy capital
Hyderabad home prices: What can 50 lakh and 1 crore get you?
From OpenAI to Anthropic: How fake personas, hacked servers and 13-hour outages exposed AI risks
Divis Labs Share Price Live Updates: Divis Labs Price and Returns Overview
Sun Pharma Share Price Live Updates: Sun Pharma Dividend Updates
Wipro Share Price Live Updates: Wipro's Stock Price Movement
L&T Share Price Live Updates: L&T's Price Movement Today
Cipla Share Price Live Updates: Cipla's Current Market Price
Power Grid Share Price Live Updates: Power Grid's Market Update
RIL Share Price Live Updates: RIL's Daily Performance Update
Bharti Airtel Share Price Live Updates: Bharti Airtel Stock Details
Bank union strike today: Are banks open or closed today on September 11, 2026? Check details
Customers should brace for significant disruptions in bank services on September 11, 2026, as the UFBU calls for a nationwide strike. This strike will extend into the weekend, limiting service availability. Unions are pressing for critical reforms including a five-day work week and a thorough review of the PLI scheme.
Changing jobs? Make sure your National Pension System (NPS) account doesnt get overlooked. Learn how your Permanent Retirement Account Number (PRAN) stays transferable, what happens to your contributions when you switch jobs, and why reassessing your retirement savings plan is essential during this transition, not just adjusting your paycheck.
Equity MF inflows rise 19% to Rs 29,329 crore in August; SIPs hit record high
Equity mutual fund purchases rose nineteen percent in August, reaching twenty-nine thousand three hundred twenty-nine crore. Systematic investment plan collections hit an all-time high of thirty-two thousand two hundred ninety-seven crore. Fixed income categories experienced net outflows of eight thousand seven hundred eleven crore during August. Mid and small-cap funds led equity investments, attracting over fifty percent of net flows.
What former SBI Chairperson Arundhati Bhattacharya got wrong about women, gender bias and Gen Z
In Aparajita, Bhattacharya reflects on bias, women and Gen Z. Her leadership lesson: persistence gets you there; humility keeps you relevant
Tier-2 cities lead digital credit inclusion as salaried women overtake men
Digital borrowing is expanding beyond major cities, though consumers continue to rely primarily on savings when facing immediate cash shortfalls
Public sector bank services likely to be hit by Friday strike
Customers may face disruptions to banking operations as the strike coincides with a weekend and holidays in several states
Pay10 makes cross border transactions simple for India Inc
With a robust regulatory framework and innovative payment solutions, Pay10 empowers Indian businesses to seamlessly engage in global trade while enhancing local transaction efficiency
UCO Bank, ScoreMe launch GST Smart for digital MSME lending
GST Smart uses GST filings to support faster credit decisions within the banks existing policy and approval framework
FCNR(B) liquidity may be deployed over 3-4 months: Setty
Surplus liquidity in banking system at about 10.50 lakh crore as on September 9, the SBI Chair
Blue Machines AI boosts Muthoot Finance gold-loan branch visits by 150%
The AI agents handle inbound digital inquiries for gold loans, capturing details such as loan requirements, available gold collateral, and customer location, then directing qualified prospects to the nearest branch
RBI plans to drain 5 trillion via 26-day liquidity mop-up auction
Central bank will conduct a 26-day VRRR auction on Friday to absorb surplus banking-system liquidity; funds placed in the auction will be reversed on October 7
The Court rejected theinvestorsclaims outright after finding that they had failed to produce sufficient admissible evidence
Mukesh Ambani calls on corporate India to build a support system for working women
Reliance chief seeks stronger ecosystem supporting working women, mothers and leadership
RBI accords approval to Unified Fintech Forum as an SRO in the fintech sector
It is the second industry Association to get this recognition, the first being the Fintech Association for Consumer Empowerment (FACE)
PFRDA forms panel to work on guaranteed pension product for non-govt sector
Regulator is working on multiple products leading to a guaranteed offering; guidelines for innovative bonds and the Swasthya scheme are expected in the coming days
NPCI launches UPI Tap & Pay and AI-Powered 'My UPI'
Innovation must ultimately translate into simplicity, greater choice, and greater trust for the user, an official said at the launch.
Visa demos AI-powered payments
Bank union strike tomorrow: Are banks open or closed on September 11, 2026? Check details
Bank customers face potential disruptions on September 11, 2026, due to a nationwide strike. United Forum of Bank Unions has called for this action, impacting branch operations. Banks advise customers to use digital channels and ATMs for essential transactions. Essential services will run, but branch work may be affected by the strike.
In light of many fraudulent GST registrations, the Delhi High Court has ruled that no Goods and Services Tax (GST) registration can be obtained without Aadhaar biometric authentication. Read the article to know more.
In 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction stalled for years. Following this, MahaRERA mandated the builder to refund the buyers' payments and ordered compensation for both complainants. This important ruling highlights buyers rights in the face of extended project delays.
8th Pay Commission latest news: In a bold move, multiple employee unions are pushing for a minimum pay of Rs 69,000 in the 8th Pay Commission. Their demands include a fitment factor of 3.833, marking a significant hike compared to past commissions. Unions justify these demands through consumption basket assessments for families, while experts warn that the chosen fitment factor could greatly influence income and spending choices.
While husband was working in Mumbai, back in his hometown his wife got into an affair; husband wins divorce on adultery ground but with Rs 7 lakh alimony. Know how husband won the case.
Can IndiGo shares fly again amid soaring oil prices? Ambit remains bullish but lists 5 key risks
InterGlobe Aviation shares have fallen 8% in a month as oil prices topped $100, capping near-term upside. Ambit retains its Buy call, citing IndiGos market-share gains, strong aircraft order book and long-term growth prospects despite fuel, forex and competitive risks.
CAS wild swing: Sensex soars 1,000 points on expiry day but ends only 138 points higher
In a surprising turnaround, India's stock market indices, Sensex and Nifty, erased intraday losses to close positively on Thursday. Ending a three-day decline, the benchmarks saw Power Grid and Axis Bank surge by nearly two percent, contributing to the upward momentum. Additionally, significant names like UltraTech Cement and NTPC also recorded gains.
Indian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no ITR, got an unexplained money tax notice u/s 69; he partially wins case in ITAT Ahmedabad
Smallcap, midcap funds attract higher inflows in August; largecap outflows continue for second month
Small- and mid-cap mutual funds attracted strong investor interest in August, with small-cap inflows reaching a record Rs 7,973 crore. Large-cap funds, meanwhile, recorded outflows for the second consecutive month amid weaker performance.
Moving out of a rented home? Know when landlord can keep your deposit
Repainting, routine upkeep and unexplained charges are among deductions tenants can dispute, say legal experts
Run a biz? Amazon Pay-Kotak's new card offers 5% cashback and 48-Day credit
5% Cashback, No Cost EMI, 48-Day Credit: Amazon Pay-Kotak Launch Business Card
The National Lok Adalat in New Delhi has officially rescheduled its cases for October 10, 2026, impacting all civil and criminal compoundable cases, though divorce matters are not included. Additionally, traffic challans that are due until June 30, 2026, will be addressed.
India-listed US ETFs are trading at steep premiums to their indicative NAVs, with some reaching 65%. The divergence appears driven by limited supply due to overseas investment caps, strong demand for US equities and changes in ETF circuit-limit calculations. Investors buying at elevated premiums risk losses if the gap narrows.
Have a foreign bank a/c? Know FAST-DS 2026 rules
Gold rate today: 24k vs 22k vs 20k vs 18k
FCNR(B) related liquidity may take 3-4 months to get deployed: SBI Chairman Setty
The SBI Chairman said banks are unlikely to deploy the surplus liquidity immediately, as the banking system had a 10.5 lakh crore surplus as of September 8.
NFO Alert: Edelweiss Mutual Funds Altiva SIF launches equity long-short fund
Edelweiss Mutual Fund has introduced the Altiva Equity Long-Short Fund, designed to achieve long-term capital growth through strategic equity investments. The fund's new offering is available for subscription until September twenty-fourth and features a balanced large-cap portfolio complemented with an income-oriented derivatives aspect. This investment opportunity is ideal for those with a time horizon of three to five years.
Rs 10,000 monthly for 30 years: EPF or NPSwhich builds the bigger corpus?
Looking for smallcap mutual funds? SBI Small Cap, Kotak Small Cap among top 4 picks for September
Smallcap mutual funds can offer high long-term returns but carry significant risk. ETMutualFunds shortlisted four schemes based on rolling returns, consistency, downside risk, outperformance and asset size, with a minimum threshold of Rs 50 crore.
Mutual fund SIP inflows hit record high of Rs 32,297 crore in August
On a year-on-year basis, SIP inflows rose 14% from Rs 28,265 crore in August 2025.
Will State Bank of Indias branches be closed on September 11 bank strike day? Heres what SBI says
Bank strike September 11, 2026: Bank unions have announced multiple strike dates starting September 11, 2026. State Bank of India advises customers to complete transactions before the strike. Digital banking channels and ATMs are recommended for routine transactions. The strikes are part of demands for banking sector reforms and a five-day week. Customers may face inconvenience due to these proposed banking disruptions.
Parag Parikh Flexi Cap Fund increase stake in HDFC Bank, Coal India, and 8 others in August
Parag Parikh Flexi Cap Fund raised its stake in HDFC Bank, Coal India and eight other stocks in August, while adding DLF as a new entrant. The fund increased its holding in Indraprastha Gas and trimmed exposure to The Great Eastern Shipping Company. It held 34 stocks across 26 sectors.
Indian retirees and the equity gap: Is your retirement corpus too conservative?
