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RBI slaps 10.10 lakh penalty on City Union Bank, 2 more entities

City Union Bank was fined as it levied loan-related charges on certain agriculture advances qualifying as priority sector loans and for withholding data from credit information companies

The Hindu Businessline 22 May 2026 8:19 pm

The Latest Fixed Deposit Interest Rates: May 22, 2026

The Latest Fixed Deposit Interest Rates: May 22, 2026

The Hindu Businessline 22 May 2026 7:00 pm

The Latest Home Loan Interest Rates: May 22, 2026

The Latest Home Loan Interest Rates: May 22, 2026

The Hindu Businessline 22 May 2026 7:00 pm

Repco Home Finance Q4 net profit rises to 129 crore driven by disbursements

Net interest income grew 16 per cent y-o-y to 207 crore

The Hindu Businessline 22 May 2026 6:29 pm

SBI advisory for May 25-26 bank strike: Check State Bank of India's available banking services during two-day protest

SBI customers are advised to utilize digital services like ATMs, CSPs, and the Yono app as the All India State Bank of India Staff Federation plans a two-day strike on May 25-26, 2026. The strike stems from concerns over outsourcing policies, armed guard shortages, and issues with the National Pension System.

The Economic Times 22 May 2026 6:08 pm

Bengaluru property tax: e-Khata open house on May 23, 2026 for grievance redressal under Bhoo Guarantee from 10AM till 5PM in these locations

Bengaluru's Greater Authority is hosting an e-Khata open house on May 23, 2026, from 10 AM to 5 PM across various locations including Whitefield and Koramangala. This event, part of the Bhoo Guarantee-6th Guarantee scheme, aims to resolve citizen issues and provide on-the-spot assistance for Khata-related services.

The Economic Times 22 May 2026 4:59 pm

Institutional buyers over-subscribe Central Bank of India OFS by 2 times; put in 2,380 cr bids

Till the close of trading hours on Friday, institutional investors put in bids for over 76.86 crore shares, which is about 2.36 times of the 32.58 crore shares on offer.

The Hindu Businessline 22 May 2026 4:38 pm

RBI approves record 2.87 lakh crore surplus transfer to government

The RBIs Central Board, chaired by Governor Sanjay Malhotra, made the decision during its 623rd meeting in Mumbai

The Hindu Businessline 22 May 2026 4:25 pm

Filing your ITR early for AY 202627? Why you should wait till June 15

With the utilities for ITR filing for AY 202627 being available now, many taxpayers are planning to file their returns early. However, incomplete AIS data, pending TDS filings, and delayed financial reporting may lead to mismatches, notices, and revised returns. Taxpayers should prioritise accurate reconciliation and complete reporting over speed in tax compliance.

The Economic Times 22 May 2026 4:20 pm

Govt employees are trying to influence transfers and postings, Gurgaon Deputy commissioner warns of disciplinary action against such employees

Gurugram Deputy Commissioner has issued a stern warning to government employees. Attempts to influence transfers and postings through public representatives or senior officers are prohibited. Such actions violate conduct rules and will lead to disciplinary action. Employees must use official channels for all service-related matters. This directive aims to uphold administrative discipline and fairness.

The Economic Times 22 May 2026 4:16 pm

SIP without outcome: Many investors do it randomly without linking to life goals; how to make it work

Most people do not underinvest because they are unaware of the reality or are careless. They underinvest because nobody showed them the future cost of their own goals & without these answers, an SIP remains a habit with hope attached to it.

The Economic Times 22 May 2026 4:10 pm

Muthoot Mcred posts 88% rise in PAT in FY26

Net profit for the quarter stood at 62.97 crore as against 19.52 crore in the corresponding quarter of the previous financial year

The Hindu Businessline 22 May 2026 4:10 pm

RBI injects 81,590 cr transient liquidity into banking system via 3-day VRR auction

RBI said the funds were infused at a 5.26 per cent cut-off rate

The Hindu Businessline 22 May 2026 3:12 pm

Struggling with retirement calculations? These 4 rules can help you estimate the future corpus

Compounding and discounting are key personal finance concepts that help investors understand wealth creation and the present value of future money. The article explains the Rules of 72, 114, 144 and 70, highlighting how investments grow over time, how inflation erodes purchasing power, and why time value plays a critical role in financial planning.

The Economic Times 22 May 2026 2:22 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (May 22, 2026) on Malabar Gold & Diamonds, IBJA, Joyalukkas, Kalyan Jewellers and Tanishq

Gold prices experienced a slight dip across major jewellery brands on Friday, May 22, 2026. The IBJA also reported a marginal fall in gold prices for various purities. However, the IBJA noted an increase in the price of 999 purity silver.

The Economic Times 22 May 2026 2:20 pm

8th Pay Commission: Why these 62,000 defence civilian employees want to retain their central government employee status

Over 62,000 defence civilian employees are hopeful of retaining their central government employee status following a cabinet secretary's assurance. This status offers job protection, better benefits, and pay revisions, including those from the 8th Pay Commission, compared to PSU employment. The government had previously assured this in court but a formal notification is awaited.

The Economic Times 22 May 2026 2:17 pm

India-focused offshore equity funds and ETFs struggle in 1 year. Check bottom 5 performers

India-focused offshore funds and ETFs underperformed the MSCI India USD Index over the past year, with mid and smallcap exposure dragging returns lower. Several funds posted losses exceeding 20% amid market volatility.

The Economic Times 22 May 2026 2:14 pm

Aditya Birla Capital plans to use 3,500 cr to drive business growth

The company will seek shareholders' approval for the fundraise at its extraordinary general meeting scheduled on June 12, 2026

The Hindu Businessline 22 May 2026 2:00 pm

Have NPS grievances? Expect quicker redressal soon as pension body proposes reducing resolution timelines

National Pension System subscribers will soon experience quicker grievance resolution. The Pension Fund Regulatory and Development Authority is proposing significant cuts to complaint handling times.

The Economic Times 22 May 2026 1:40 pm

Looking for smallcap mutual funds? Here are the top 4 picks for May 2026

Top-performing smallcap funds delivering strong returns amid sustained market momentum.

The Economic Times 22 May 2026 1:34 pm

Time to buy rupee assets? DSP Mutual Fund lists 5 reasons favouring Indian equities and bonds

DSP Mutual Fund has urged investors to allocate towards rupee-denominated assets despite concerns over crude oil prices, currency weakness and foreign outflows. The fund house cited undervalued REER levels, narrowing India-US inflation differentials, resilient external sector buffers, attractive largecap valuations and cyclical forex trends as key reasons favouring Indian equities and bonds.

The Economic Times 22 May 2026 1:01 pm

Creche allowance: These employees can get minimum Rs 500 per month for each child under new central govt labour code rules

New central government labour code rules offer a creche allowance of at least Rs 500 per month per child for two children. This benefit applies to employees with children under six years old if their company does not provide a creche facility. The allowance is taxable. These rules are effective from May 8, 2026, and apply to specific establishments.

The Economic Times 22 May 2026 12:53 pm

Key factors for choosing orkmens compensation policy

Choosing the right workmen's compensation policy is crucial for protecting your employees and business. It involves understanding your specific risks, ensuring comprehensive coverage beyond statutory limits, and considering inclusions for contract workers. Prioritize value over the cheapest option, focusing on claim settlement efficiency and insurer reliability for long-term business resilience.

The Economic Times 22 May 2026 12:36 pm

Light at the end of the tunnel? Equities have delivered over 10% returns 85% of the time when invested over 7 years

The winning asset class not only outperformed the other asset classes in the long run but also beat inflation 7-9%. Among the asset classes, Indian equities have emerged as the clear winner in the long run. According to FundsIndias Wealth Conversations Report May 2026 report, Nifty 50 TRI beat inflation by 7-9% on average.

The Economic Times 22 May 2026 12:32 pm

Mufin Green Finance shares rise on strong FY26 results; AUM nearly doubles

At 11.59 AM, the stock was at 122.75, up 0.71% from its previous close of 121.89, with buy orders dominating at 70.41% of total quantity traded

The Hindu Businessline 22 May 2026 12:29 pm

8th Pay Commission latest update: 8th CPC announces Lucknow visit schedule for June; check meeting dates and details

The Eighth Central Pay Commission will visit Lucknow on June 22 and 23, 2026. Central government organisations, institutions, unions, and associations in Uttar Pradesh can request appointments.

The Economic Times 22 May 2026 12:28 pm

Franklin Templeton Mutual Fund suspends subscription of units in its retirement fund

Franklin Templeton Mutual Fund has suspended fresh investments in Franklin India Retirement Fund from May 20, following Sebis move to discontinue solution-oriented mutual fund schemes. The temporary halt covers lump sum investments, SIPs, STPs and switches, while the industry transitions towards new life cycle fund structures with dynamic asset allocation strategies.

The Economic Times 22 May 2026 12:01 pm

RBI intervened to shore up rupee, traders say

The rupee jumped following the intervention, rising to a peak of 95.99 per US dollar, up from its intra-day low of 96.30 hit in early trading

The Hindu Businessline 22 May 2026 10:38 am

First-time investors should start with balanced funds and short-duration debt in first year: Anand Radhakrishnan, Sundaram MF

Amid global uncertainty, Sundaram Mutual Fund's Anand Radhakrishnan advises investors to stay disciplined. First-time investors should begin with balanced funds and short-duration debt. Gradually increase equity exposure and rebalance portfolios periodically. Avoid emotional decisions and maintain diversification across asset classes and geographies. Crude oil prices are a key variable to watch over the next six to twelve months.

The Economic Times 22 May 2026 10:30 am

Best corporate bond mutual funds to invest in May 2026

Investors can consider corporate bond funds for near-term and three-year goals. These funds invest in high-rated company papers, offering relative safety. Safety and interest rates are key factors. HDFC Corporate Bond Fund, Aditya Birla Sun Life Corporate Bond Fund, ICICI Prudential Corporate Bond Fund, and Sundaram Corporate Bond Fund are recommended for May 2026. Continue existing investments in these schemes.

The Economic Times 22 May 2026 9:28 am

Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reason

A Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled in his favor, stating that since he used the entire capital gains to purchase a new property before filing his belated return, depositing the funds into a Capital Gains Account Scheme was not necessary.

The Economic Times 22 May 2026 7:21 am

Fino Payments Bank CEO Rishi Gupta seeks early retirement

To ensure leadership continuity, the company extended Ketan Merchants term as interim MD and CEO for up to three months from May 27, subject to RBI approval

The Hindu Businessline 22 May 2026 7:14 am

Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; heres why

A Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the State Consumer Commission. The insurer failed to provide sufficient proof of deliberate concealment, leading to a ruling in favor of the policyholder.

The Economic Times 22 May 2026 6:30 am

Multi-asset funds reward tactical bets amid volatile market

Multi-asset allocation funds, once seen as a guaranteed win, showed a wide performance range last year, from 3.3% to 24.6%. Investors flocked to these funds as volatile markets made asset allocation challenging, with top performers favoring gold and silver. Future success will depend on fund managers' tactical asset allocation and selective equity positioning.

The Economic Times 22 May 2026 5:43 am

LIC Q4 net up 23% on higher premium income, declares 1:1 bonus

Insurance behemoth to pay pre-bonus dividend of 10 per share

The Hindu Businessline 21 May 2026 8:31 pm

Reserve Bank rate hikes to start in June: Standard Chartered

Rising global yields and rate hikes from other Asian central banks could also lead to higher policy rates, StanCharts India economists Anubhuti Sahay and Saurav Anand said in a note

The Hindu Businessline 21 May 2026 7:15 pm

Are you ready for your retirement? 76% Indians are not ready; check other details of survey

A survey by 1 Finance Magazine reveals a significant gap in retirement preparedness among Indians aged 40-60. Nearly 76% lack detailed plans, yet 61.4% feel confident about retiring comfortably. Most rely on fixed deposits and mutual funds, with a median retirement corpus of Rs 28 lakh against a target of Rs 1 crore, highlighting a substantial shortfall.

The Economic Times 21 May 2026 6:07 pm

Rs 15 lakh investment in Post Office Monthly Income Scheme (POMIS): What monthly income can you earn for 5 years?

Low-risk investors can earn a fixed monthly income of Rs 9,250 from a Rs 15 lakh deposit in a joint Post Office Monthly Income Scheme (POMIS) account. This government-backed scheme offers an annual interest rate of 7.4% for a 5-year tenure. While interest is taxable as per income slab, no TDS is deducted by the post office.

The Economic Times 21 May 2026 5:26 pm

Alpha AMC targets 1,000-cr corpus for VentureX SME Fund

The fund crossed total commitments of 223 crore as of April 30, 2026

The Hindu Businessline 21 May 2026 5:17 pm

Minimum 2% annual salary increment for these employees as per Rule 185 of Central Governments new labour code; Know the details

New labour codes from the Central Government introduce a mandatory 2% annual salary increment for regular contractual workers. This rule applies to employees of contractors working for central government establishments like railways and banks. The provision is mandatory, even if companies do not wish to offer increments. This rule does not extend to employees directly on a company's payroll.

The Economic Times 21 May 2026 5:11 pm

Understand loan eligibility before applying for a loan for doctors

Medical professionals can secure loans for practice expansion by understanding lender criteria. Key factors include qualifications, credit score, age, practice stability, and income. Checking eligibility beforehand improves approval chances and saves time. Organizing financial records and reducing debt strengthen applications. Bajaj Finance offers doctor loans with high amounts, flexible tenures, and quick disbursal, supporting practice growth.

The Economic Times 21 May 2026 5:08 pm

PFRDA sets up panel to look at induction of more asset classes for better returns

The total number of subscribers under NPS at the end of FY26 stood at 2.17 crore, with a total corpus of 15.95 lakh crore

The Hindu Businessline 21 May 2026 4:55 pm

NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about Indias changing retirement landscape

India's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contributions still dominate, private sector growth is steady. In an interview with Sriram Iyer, MD & CEO of HDFC Pension, he spoke about the growing role of NPS in retirement planning, NPS performance and more.

The Economic Times 21 May 2026 3:52 pm

Top 5 India-focused offshore equity funds and ETFs with highest 1-year returns. Check details

India-focused offshore funds and ETFs underperformed the MSCI India USD Index over one year, though Aryabhata India Fund emerged as the top performer with the smallest decline among peers.

The Economic Times 21 May 2026 3:50 pm

SEBI sends show-cause notices to Capital Group entities in front-running case

Probe tied to 2025 front-running case involving Ketan Parekh and Rohit Salgaocar

The Hindu Businessline 21 May 2026 2:59 pm

Equity MF assets jump 17% even amid market volatility; 71 lakh new investors added in 1 year : Franklin Templeton India MF

Indian mutual fund assets under management have surged. Equity funds saw a significant rise in assets and investor numbers. Flexicap funds led net sales, attracting substantial inflows. SIP flows doubled in under three years, reaching new highs. The industry's AUM grew substantially over the past decade, indicating strong investor confidence and growing participation in mutual funds.

The Economic Times 21 May 2026 2:32 pm

Banks cannot disable mobile phones of defaulting borrowers: RBI proposal

A bank will, however, be allowed to restrict or disable functionalities of a defaulting borrowers mobile device, provided the device is financed by the lender

The Hindu Businessline 21 May 2026 2:01 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (May 21, 2026) on IBJA, Malabar Gold & Diamonds, Joyalukkas, Tanishq and Kalyan Jewellers

Gold prices saw an uptick on May 21, 2026, influenced by US-Iran tensions, inflation concerns, and increased rate-hike expectations. Major jewelry brands reported higher rates for 24k, 22k, 20k, 18k, and 14k gold.

The Economic Times 21 May 2026 1:36 pm

Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this case

If the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of a borrower, it shall ensure adopting a graduated approach rather than disabling the device, ab initio; it cant disable essential services like internet access, incoming calls, emergency SOS, and receipt of emergency Government or public-safety notifications.

The Economic Times 21 May 2026 1:16 pm

Solfin raises 280 crore, turns profitable in first year of operations

The fresh capital will be directed towards AI-driven credit underwriting, portfolio monitoring, geographic expansion into underpenetrated states and new green-financing products

The Hindu Businessline 21 May 2026 1:05 pm

These 5 smallcap mutual funds deliver over 20% annualised return in 3 years. Check toppers

The ET Alpha Summit gathers top market minds to decode global risks, AI disruption, and investment opportunities, offering investors a clear roadmap for smarter, future-ready wealth decisions.

The Economic Times 21 May 2026 12:50 pm

LIC shares tick up ahead of Q4FY26 results; analyst urges caution

The stocks total market capitalisation stands at 5,11,692 crore

The Hindu Businessline 21 May 2026 12:33 pm

Taiwan-focused mutual funds soar 200% in a year. Experts warn against FOMO investing

Mutual fund investors are exploring international and thematic schemes, with some delivering up to 200% returns. Technology and semiconductor funds, especially those with Taiwan exposure, have seen significant gains. Experts suggest starting global diversification with broader US funds. While past performance is strong, future returns may vary.

The Economic Times 21 May 2026 12:24 pm

Tata AIA launches dividend-focused pension fund with NFO window open till May 27

The fund tracks the BSE 500 Dividend Leaders 50 Index and invests in 50 companies with a track record of regular dividend payouts

The Hindu Businessline 21 May 2026 12:22 pm

Rupee shock may slow India: Kearney sees 1-1.5 percentage point West Asia hit on GDP

Despite West Asia crisis potential hit on Even as West Asia crisis could shave 11.5 percentage points off Indias GDP growth over the next 6-9 months, global consulting firm Kearney dismissed fears of rupee breaching the 100-per-dollar mark and slide to 130140. Speaking to businessline during Kearneys 100 Years of Impact celebrations, the firms top global leadership said Indias next growth cycle driven by investments in green energy, electronics manufacturing, data centres and infrastructurewill provide a powerful buffer against geopolitical shocks, commodity inflation and supply-chain disruptions.

The Hindu Businessline 21 May 2026 11:12 am

No new Khata for revenue land acquired through partition deed in Bengaluru? Expert explains the available options

Bengaluru property owners face a new hurdle. The city's e-Khata portal does not allow new Khata creation for revenue land acquired through partition deeds. This blocks genuine owners from official property records. Experts suggest adding a fresh Khata creation option and improving document uploads. This reform aims to include all property owners in the formal system.

The Economic Times 21 May 2026 10:58 am

RBI revives aggressive pre-market intervention to arrest rupees slide

RBIs pre-open intervention mirrored past episodes where it has acted aggressively to break a negative feedback loop of persistent depreciation and mounting pressure on the rupee

The Hindu Businessline 21 May 2026 10:48 am

India bonds reverse gains as report RBI mulling rate hike outweighs external support

The benchmark 6.48% 2035 bond yield was at 7.1225%, as of 10:15 a.m. IST, rocketing back up from a low of 7.0194% hit earlier, and against its previous close of 7.0761%

The Hindu Businessline 21 May 2026 10:46 am

Wife stabs and kills husband with knife: No jail for wife as HC orders her to pay Rs 500 fine citing this exception in law

A wife who stabbed and killed her husband during a sudden argument has been spared jail time. The Telangana High Court ruled the act was committed on the 'spur of the moment'. She will pay a Rs 500 fine instead of a four-year prison sentence. The court invoked an exception to murder charges, acknowledging the impulsive nature of the crime.

The Economic Times 21 May 2026 10:38 am

Largecap funds lag mid and smallcaps across time horizons. Should investors still allocate for stability?

Large cap funds have lagged mid and small caps across various time horizons, showing muted or negative returns in shorter periods. Experts suggest increasing allocation to large caps for stability and better risk-reward due to attractive valuations, especially for first-time investors and through SIPs.

The Economic Times 21 May 2026 10:24 am

Your employer may soon pay your SIP from salary: Sebi's new mutual fund proposal explained

Your employer might soon invest in mutual funds directly from your salary. Sebi is considering a new proposal to allow this. Employees can choose their funds, and employers will deduct the amount from salaries. This aims to simplify investing and increase participation. Redemption proceeds will still go to the employee's account.

The Economic Times 21 May 2026 9:23 am

Best banking & PSU mutual funds to invest in May 2026

Banking & PSU debt funds offer a relatively safe investment option for a few years, investing primarily in government-backed entities. These schemes gained popularity after past debt market turmoil. While risks like private bank exposure and interest rate changes exist, they are considered minimal for short-term investors.

The Economic Times 21 May 2026 9:21 am

Sebi moots MF payment by 3rd parties in select cases

Sebi is proposing new rules for mutual fund investments. Third parties can now make payments in certain situations. Employers can invest on behalf of employees through salary deductions. Asset Management Companies can pay distributors in mutual fund units instead of cash. A framework for investors to donate to social causes is also suggested.

The Economic Times 21 May 2026 5:54 am

Long-term SIPs deliver consistent gains as market volatility eases over time

Investing in equity through Systematic Investment Plans (SIPs) offers greater predictability and reduced risk over extended periods. A study reveals that longer tenures, ideally 10 years or more, allow investors to navigate market cycles and benefit from rupee cost averaging.

The Economic Times 21 May 2026 5:27 am

RBI reworks draft loan recovery directions following industry feedback

The draft norms also bar lenders from disabling essential features such as internet access, incoming calls, emergency SOS services and public safety notifications

The Hindu Businessline 20 May 2026 9:29 pm

New financial services features on app to help work in collaboration with banks, says NPCI BHIM Services MD

BHIM Payments Apps total transaction volumes increased by 301 per cent in FY26 compared to FY25

The Hindu Businessline 20 May 2026 9:15 pm

Banks step up hiring of apprentices to cut costs, expand operations

Data on recent recruitment trends show that banks are increasingly using apprentices to meet manpower requirements arising from the expansion of marketing, customer outreach, etc.

The Hindu Businessline 20 May 2026 8:15 pm

APY pension calculator: How to get Rs 1,000-Rs 5,000 monthly pension under Atal Pension Yojana

The Atal Pension Yojana provides a secure future with guaranteed monthly pensions. Indian citizens aged 18 to 40 can enroll. Contributions ensure a pension of Rs 1,000 to Rs 5,000 from age 60. The scheme offers continued benefits to spouses and nominees in case of subscriber death. This government-backed initiative secures retirement for many.

The Economic Times 20 May 2026 7:00 pm

Karnataka Grameena Bank gets PFRDA award for Atal Pension Yojana enrolment

KGB enrolled 2,49,185 APY accounts against the DFS/PFRDA target of 1,75,500 accounts, registering an achievement level of 142%, the highest among all banks in Karnataka

The Hindu Businessline 20 May 2026 6:44 pm

Indias treasury-bill yields surge on rate-hike expectation

Yield on the 364-day treasury bill rose 21 basis points to 5.9750% Wednesday, the most in nearly four years, according to data compiled by Bloomberg

The Hindu Businessline 20 May 2026 6:35 pm

PM Kisan 23rd instalment date 2026: When can farmers expect next Rs 2,000 payment?

Farmers eagerly await the 23rd PM Kisan installment, expected around June-July 2026. Beneficiaries receive Rs 2,000 thrice annually. Completing e-KYC is mandatory for receiving the Rs 2,000 payment, with options for OTP-based, biometric, or face authentication.

The Economic Times 20 May 2026 5:56 pm

Can Sebis 50% overlap limit improve diversification in mutual fund schemes?

Sebis new mutual fund overlap rules aim to improve diversification by limiting duplicate stock holdings across schemes, encouraging investors and fund houses to reduce redundancy and maintain more efficient portfolios.

The Economic Times 20 May 2026 4:38 pm

8th Pay Commission latest update: Railway technical staff seek multiple fitment factors, higher HRA, pay fix

Railway technical supervisors have put forward significant demands to the 8th Pay Commission. Key proposals include a Rs 52,000 minimum salary and multiple fitment factors. They also seek higher House Rent Allowance rates and the inclusion of training periods for MACP calculations. The association aims for these suggestions to be part of the commission's recommendations.

The Economic Times 20 May 2026 4:19 pm

Foreign transactions on ICICI Bank debit cards to get costlier: Check revised fee structure for Coral, Rubyx and many other cards

ICICI Bank is set to implement revised charges on several debit cards, including a significant increase in Dynamic Currency Conversion (DCC) fees, effective June 21, 2026. Additionally, annual fees for various debit card variants will be adjusted, with some seeing an increase and one notable reduction.

The Economic Times 20 May 2026 3:56 pm

Customers trust banks with data, but only fully satisfied with fraud resolution: EY Report

The report highlighted that trust has emerged as one of the biggest differentiators for banks as customer expectations continue to evolve beyond products and pricing

The Hindu Businessline 20 May 2026 3:25 pm

Baroda BNP Paribas Mutual Fund removes subscription limit and resumes fresh SIP/STP in its Aqua FoF

Baroda BNP Paribas Mutual Fund has removed the Rs 5 lakh daily cap on lump sum investments and resumed fresh SIP/STP registrations in its Baroda BNP Paribas Aqua Fund of Fund from May 20. The move comes as overseas investment headroom improves, though subscriptions will remain subject to regulatory overseas investment limits.

The Economic Times 20 May 2026 3:22 pm

NFO Update: Tata AIA Life Insurance launches dividend leaders index pension fund

Tata AIA Life Insurance has launched the Tata AIA Dividend Leaders Index Pension Fund to help investors build long-term retirement wealth through Indias leading dividend-paying companies. The NFO is open until May 27, with units priced at Rs 10. The passively managed fund tracks the BSE 500 Dividend Leaders 50 Index and invests in 50 consistent dividend-paying firms, combining market-linked growth with life insurance protection for disciplined retirement planning.

The Economic Times 20 May 2026 2:47 pm

HDFC AMC reports cyber security threat

The company promptly activated the necessary protocols for containment and incident response, and has engaged a specialist firm to assess the potential impact

The Hindu Businessline 20 May 2026 2:37 pm

PFCs 26,000-crore, 30-year loan to NPCIL sets stage for long-term nuclear financing

Nuclear projects present a distinctive financing challenge with high capital outlay

The Hindu Businessline 20 May 2026 2:30 pm