25 C 
The reforms, if implemented, seek to make insurance more affordable and transparent, but raise questions about distribution viability and near-term growth.
96% UPI transactions today are below 2,000, outside MDR net: Dilip Asbe, CEO of NPCI
Asbe stressed Indias need to ramp up its UPI growth as it currently lags behind countries like Brazil and China that took up such payment systems much later than India
RBI warns banks against relaxing underwriting amid excess FCNR(B) liquidity
RBI officials emphasised that loan pricing should be risk-based
Banks need to recognise tech risk as 1st-order enterprise risk: RBI Dy Guv Jain
He noted that technology is now embedded in almost every critical banking function, from core banking and payments to customer onboarding, credit assessment, fraud monitoring and regulatory reporting
States ask banks to explore cash flow-based lending
The next generation of opportunities will come from advanced manufacturing, logistics, data centres, green energy, and global capabilities centres, said Ashish Jaiswal, Minister of State for Finance, Maharashtra
The State Bank of India has announced that all its branches will be open on Sunday, September 27, 2026. Despite this, the All India Bank Officers Association has recommended that its members not show up for work that day. Meanwhile, the United Forum of Bank Unions is deliberating its response.
Mita Biswas has been unable to obtain her dependent family pension due to a missing death certificate. Her brother died during the COVID-19 pandemic, complicating the situation further. Bharat Pensioners Samaj has intervened multiple times to seek resolution for her claim. The pension authorities have not communicated any updates regarding the status of her application. BPS has outlined specific demands for the authorities to expedite the processing of Mita's claim.
8th Pay Commission: Can Level 8 employees get Rs 1.52 lakh/month gross salary in 8th CPC?
8th Pay Commission salary calculator: The 8th Pay Commission is set to convene in Mumbai and Bengaluru to deliberate on salary structures and fitment factors. Key stakeholders will bring forward crucial topics during these meetings. The results of previous discussions in September have shaped aspirations for upcoming salary adjustments. Calculations for the current basic and gross salaries will consider multiple factors, particularly the dearness allowance, with the definitive outcomes awaiting the commission's official report.
NFO Update: Motilal Oswal Mutual Fund launches Nifty REITs & Realty index fund
Motilal Oswal Mutual Fund is launching the Nifty REITs & Realty Index Fund, an open-ended scheme tracking the Nifty REITs & Realty TRI. The NFO opens September 25 and closes October 9, offering rules-based exposure to listed REITs and realty stocks.
Edelweiss Mid Cap among 5 midcap funds that delivered over 21% CAGR in 3 years. Do you own any?
Five midcap mutual funds delivered annualised returns of 18% or more over the past three years, with HSBC Midcap Fund topping the list at around 21.6%, according to ETWealth.
SIF AUM crosses Rs 31,000 crore in August after 528% jump in 2026: Report
SIF assets under management surged 528% to Rs 31,175 crore by August 2026, supported by strong inflows and rising investor folios. Altiva led the segment, while three platforms held 70%.
NFO Alert: WhiteOak Capital Mutual Fund launches diversified equity small cap FOF, its first FoF
WhiteOak Capital Mutual Fund is launching its first fund of funds, focused on actively managed small-cap mutual fund schemes. The NFO opens September 28 and closes October 12, offering diversified small-cap exposure through multiple managers for investors with long-term horizons.
From October 1, 2026, all domestic LPG consumers will need to undergo Biometric Aadhaar Authentication to access subsidies. This process is designed to ensure that subsidies are provided solely to qualifying households. Authentication can be done through delivery personnel, distributor outlets, or mobile apps provided by oil marketing firms.
As of September 17, 2026, the EPF wage ceiling is set to increase from Rs 15,000 to Rs 25,000. This adjustment does not affect employees whose earnings exceed Rs 25,000. Those earning between Rs 15,000 and Rs 25,000 will experience negligible changes to their contributions. Notably, EPS contributions will rise for employees hired prior to September 2014. Employers are responsible for managing increased contributions while keeping their salary structures intact.
Father attested brothers sale deed, children lost 3.5 acres: What Madras HC ruled on oral partition
Attesting brothers sale deed has major legal consequences in proving oral partition of ancestral land; How children lost 3.5 acre land dispute case in Madras HC because of this. Read this article to know more.
Mutual fund SIP AUM rose 23% YoY to Rs 18.62 lakh crore in August 2026, while SIP flows as a share of gross equity flows hit a two-year high of 43%. Aggregate SIP flows for the 12 months ended August grew 17% YoY to Rs 3.7 lakh crore, the Franklin Templeton report said.
Stablecoins, tokenised deposits, CBDCs could account for 4% of global payments by 2030: Capgemini
Adoption among banks, however, remains at an early stage. Only 21 % of banks surveyed are currently actively scaling at least one accelerated intelligent money instrument, Capgemini said.
The IRDAI has proposed transformative reforms to enhance insurance distribution in India, focusing on affordability and transparency. Key changes include limits on insurer expenses, greater disclosure of commissions, and measures to reduce mis-selling. While these reforms aim to empower consumers, concerns about the impact on market competition and the viability of low-premium policies remain.
Gold prices dropped across major jewellery brands in India. Tanishq's price for 22k gold jewellery fell to Rs 14,040 per gram in various cities. Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas offered 22k gold at Rs 13,995 per gram in their showrooms. The India Bullion and Jewellers Association reported a decline in gold and silver rates as well.
Explained: What IRDAIs proposed insurance commission caps mean for customers
The proposed norms could change distributor incomes and insurance sales models, while potentially lowering costs embedded in policy premiums
HSBC to return to India stock broking business after 13 years amid IPO boom
HSBC aims to launch business in next few months; will target countrys high-net-worth individuals, sources say
Gold continues to strengthen despite higher US real yields and a Federal Reserve rate hike, with central-bank buying, inflation risks and energy uncertainty supporting demand for the precious metal.
Sensex stuck for 2 years: What a time correction means for your SIP and investments
NaBFID completes debut dollar debt sale with $750 million fundraise
NaBFID sold the bonds at a spread of 105 basis points above U.S. Treasury, and the coupon works out to be 6.1220%, sufficiently lower than the initial guidance of 130 bps.
Can children from a void second marriage claim fathers property? Know their inheritance rights under Hindu law. HC says Section 16 of the Hindu Marriage Act, can mean that a child born from a second marriage which was proved as void can still inherit the fathers property.
Homebuyer wins as MahaRERA orders builder to pay stamp duty and registration charges and also Rs 5.4 lakh interest to homebuyer. Read this article to know why the homebuyer won the case in MahaRERA real estate tribunal.
Best medium to long duration funds to invest in September 2026
Even a minor upward movement in interest rates could make these schemes extremely risky and volatile. In simple terms, investors might lose money in such a scenario. That explains why advisors do not speak about these schemes often. Needless to say investors should be extremely cautious about these schemes in the current scenario.
FD-backed SBI Card: Advantage SBI Card launched; who can benefit from it?
SBI Card has introduced the Advantage SBI Card through the SBI YONO app, making it simpler than ever for customers to apply. This innovative offering features four variants of secured credit cards linked to fixed deposits. With a fully paperless application process, it's designed to enhance accessibility, particularly for those with limited credit histories seeking a means to build financial profiles.
RBI said to conduct at least $10 billion FX swaps to drain cash
RBIs recent swaps reflect the scale of cash surplus the central bank is currently tackling
ABVKY Scheme 2026 explained: Check 90-day ESIC relief, eligibility and benefits
Motilal Oswal Nasdaq Q50 ETF crashes 49% in 3 days, rings alarm bells for investors
Motilal Oswal Nasdaq Q50 ETF faced a sharp decline of nearly 49% in just three trading sessions. This drop followed a dramatic price surge that raised concerns about valuation and investor behavior. Several other international ETFs are also trading well above their net asset values, creating a potential risk for investors. Limited supply of ETFs relative to demand has further intensified these trading conditions.
IRDAI moots major overhaul of insurance distribution norms
The proposals also include cost audits and safeguards against indirect payments with the objective of ensuring greater accountability for the actual cost of distribution
Fair case for Rupee to not just stabilise but even appreciate: RBI Dy Guv Poonam Gupta
Says Indias dependence on imported oil is set to decline, through alternative sources of energy and the quest to find its own oil reserves
Airtel Money to list on LSE with final offer price by mid-October
The IPO will comprise a secondary offer of existing shares to be sold by the companys existing shareholders
Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helps
From October 1, 2026, Indian property buyers can buy properties from non-residents without getting a TAN. Instead a new system has been launched by the Finance Ministry under which the buyer needs to file Form 141 and fill Schedule E and then issue the TDS certificate in Form 132 to the non-resident. Earlier this system was very complicated, now it has been made comparatively easier.
India should be aware of the risks which could unfold: PK Mishra, Principal Secy to PM
India will have to mobilise very large volumes of capital over the next two decades for infrastructure, manufacturing, urbanisation, energy transition, enterprise and innovation, he said at the SBI Banking and Economics Conclave
Bank strike: Will banks be open on September 26 and 27? What RBI and bank unions say
In a proactive measure, the Reserve Bank of India has granted approval for banks to remain open on Sunday, September 27, 2026. This strategic decision aims to support customers anticipating a three-day strike from September 28 through September 30, organized by the United Forum of Bank Unions. Although it remains unclear if banks will operate on Saturday, customers can secure essential services on September 27.
India's richest in 2026: Adani tops the list, 27 new billionaires emerge
India's billionaire club gets bigger: 391 now cross the $1-billion mark
Mutual fund AUM-to-bank deposit ratio triples in a decade to 31% in August
Rs 30 lakh income tax demand notice and India-US DTAA benefit denied to US citizen; she fights and wins case in ITAT Delhi; Know how
The wage ceiling for the Employees Provident Fund has officially increased to Rs 25,000, effective September 17, 2026. This much-needed revision is the first change in wage limits since 2014 and directly impacts mandatory EPF contributions for employees in the organized sector. Those earning up to the new wage ceiling can expect elevated contributions, which will aid in bolstering their retirement plans.
NBFCs see healthy loan demand, resilient asset quality; rate hikes may lift funding costs: Jefferies
The report, based on discussions with nine NBFCs at the Jefferies India Forum 2026, says demand remains strong across key lending segments and early festive-season trends were encouraging
PSBs, RRBs to function normally on a Sunday: Finance Ministry
The proposed strike by UFBU to demandimplementation of 5-day banking coincides with the preceding weekend holidays of September 26 and 27
A Will plays a crucial role in outlining how assets will be allocated following an individual's death, which can lead to family disputes if disagreements arise about the testator's intentions. To facilitate property transfers, it is wise to gather important documents such as a no-objection affidavit and release deed. Keeping mutation records up to date and securing an encumbrance certificate is vital for tax purposes.
Top 5 SIFs deliver over 23% in 6 months; QSIF Equity Ex-Top 100 Long-Short SIF leads
EPF wage limit 15,000 to 25,000: Compare 30-year EPF corpus at 1,800 vs 3,000
If someone is found running a homestay or Airbnb-like service in your society, what can you do? Legally, the societys first step should be a written notice to the owner, pointing to the specific byelaw being broken and backed by evidence. If the owner still doesn't stop, the RWA's real recourse is a civil suit for an injunction.
8th Pay Commission: Nurses demand Level 10 entry pay, OPS, higher allowances; 8 key points
Lets have a look at the latest 22k gold rates at Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in New Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru. Also see the updated indicative rates of 24k, 22k, 20k, 18k and 14k gold and 999-purity silver at the IBJA today.
NFO Alert: Tata Mutual Fund announces launch of Titanium Active Asset Allocator Long-Short Fund
Tata Mutual Fund has launched the Titanium Active Asset Allocator Long-Short Fund, a multi-asset strategy under its SIF framework. The market-neutral fund dynamically invests across equities, debt, commodities, and derivatives with a minimum investment threshold of Rs 10 lakh. The NFO closes on October 7.
An analysis by ETMutualFunds reveals that 12 equity mutual funds out of 218 schemes delivered over 70% absolute returns across both 3-year and 5-year horizons. Invesco India led with four schemes, followed by Motilal Oswal, while ITI Small Cap Fund posted the highest three-year returns.
In a significant move towards enhancing digital payments, NPCI BHIM Services Limited has introduced MyUPI, a conversational AI assistant seamlessly integrated within the BHIM Payments App.
Husband with Rs 45,000 salary started living in rented house because of wifes pressure to live separately from his parents; Madras HC says this is cruelty and upholds divorce. Justice P.T. Asha and Justice N. Mala of the Madras High Court heard this case.
Supra Pacific Financial Services eyes five-fold expansion; plans 500 branches nationwide
The company is looking to expand its nationwide presence to 500 branches across 15 states over the next three years
Helios Mid Cap among top 5 midcap mutual funds with highest mid and smallcap exposure in August 2026
Here's a list of top five mid cap mutual funds with the highest combined exposure to mid and small cap stocks in August 2026.
IDBI Bank sale: Bank officers body writes to Leaders of Opposition, seeks intervention
In identical letters to Rahul Gandhi and Mallikarjun Kharge, All-India Bank Officers Association seeks their immediate intervention by raising the matter on the floor of Parliament
Best gilt mutual funds to invest in September 2026
Gilt funds are not recommended to regular debt investors because they are risky and volatile. Gilt funds suffer the most when the rates go up. The bond prices and yields move in opposite directions. When the rates go up, bond prices come down. This drags down the NAVs of schemes.
Eicher Motors Share Price Live Updates: Eicher Motors Market Snapshot
UltraTech Cem Share Price Live Updates: UltraTech Cement's Price Movement and Volatility Insights
HDFC Life Share Price Live Updates: HDFC Life Current Market Price
Axis Bank Share Price Live Updates: Positive Momentum for Axis Bank
Tech Mahindra Share Price Live Updates: Tech Mahindra's Price Movement Today
SBI Life Share Price Live Updates: SBI Life's Trading Update
Nestle India Share Price Live Updates: Nestle India Trading Insights
Asian Paints Share Price Live Updates: Asian Paints Stock Details
Bharti Airtel Share Price Live Updates: Bharti Airtel's Stock Update
Hindalco Share Price Live Updates: Hindalco's Stock Performance Update
UPI for mutual funds: Benefits, limits and impact of new MDR explained
Unified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI for its ability to process transactions 24/7 and avoid manual input. Recently, a 0.02% merchant discount rate was introduced on certain UPI transactions, affecting one-time investments. However, SIPs under UPI AutoPay remain exempt from this fee, easing investor concerns.
TReDS platforms can now offer CGTMSE-backed guarantee cover for MSME receivables
The mechanism allows financiers to seek guarantee cover for eligible receivables, potentially encouraging wider participation in invoice-based MSME financing
Scheduled Commercial Banks supervisory data quality score rises to 93.3 in June, says RBI
Small finance banks lead at 93.8; PSBs and foreign banks at 93.7 as all categories stay in good band
HDFC Life aims to be top-2 player in all states, says MD & CEO Vibha Padalkar
Over 75% of policies now from tier II and III cities; August growth 70% as protection and retirement products gain traction
With no resolution to its demandfor 5-day banking, Banking unions to go ahead with 3-day strike
IBA informed that as demanded by the UFBU, the productivity linked incentive scheme for scale IV officers and above has been kept in abeyance as per Governments instructions
Irdai eases dividend repatriation rules for foreign-owned intermediaries
The insurance regulator has removed the requirement for prior approval to repatriate dividends by insurance intermediaries with majority foreign ownership
India Inc may step up corporate bond issuances before rate hike cycle kicks in
Companies may prefer mobilising funds at lower rates before borrowings costs go up
EPFO fund withdrawal rules for illness: How much EPF can you withdraw for medical treatment?
Eligible Employees' Provident Fund Organisation (EPFO) members can withdraw up to 75% of their EPF balance for illness-related expenses after completing 12 months of EPF membership.
UPI vs debit vs credit cards: Will UPI payments with MDR charges still be cheapest? NPCI explains
After the MDR charge announcement on certain merchant UPI transactions, many UPI users are thinking whether they should shift from the UPI to a debit card or a credit card for daily transactions.
Bank credit growth accelerates to 19% as deposit growth rises to 18%: Jefferies
CD ratio around 80%; surplus liquidity at 5 lakh crore as loan-deposit gap narrows
8th Pay Commission: Pensioners seek 11-year restoration period of commuted pension, cite HC judgment
8th Pay Commission news: Bharat Pensioners' Samaj has urged the Centre and 8th Pay Commission to reduce the restoration period for commuted pension from 15 to 11 years. The demand follows the Himachal Pradesh High Courts September 16 judgment, which called for examination under changed actuarial conditions. BPS seeks a fresh actuarial review and reforms.
Indian equities ended lower on Tuesday as selling pressure resurfaced toward the close, with Nifty and Sensex falling 0.36% and 0.44%, respectively. Coal India, Eternal and InterGlobe were among the top gainers, while Tata Consumer, Nestle India and Bajaj Finserv featured among the biggest losers across key indices.
Five equity mutual funds delivered annualised SIP returns of over 19% over 10 years, led by Quant Small Cap at 24.2%. Nippon India Small Cap, Invesco India Mid Cap, Quant ELSS Tax Saver and Union Small Cap also posted strong returns.
Your house is worth Rs 2 crore, but are you really retirement ready?
While an expensive home is nothing less than an achievement, you must remember that the house in which you live produces no rent at all. Appreciation may increase your estate, but it does not pay this months grocery bill and the cost of that Sony PlayStation you wanted to gift to your grandchild. So, there are some questions that you need to ask for a well-planned retirement.
Want cheaper flights or easy lounge access? How Air Indias Maharaja Club points can help you
ICICI Prudential Life sees 69% growth in retail protection business in Keralam
ICICI Prudential Life has 31 branches and 20,008 advisors in Keralam
LIC said to lead bidding in NSEs $2.4 billion IPO
The state-owned insurer placed bids worth about 4,500 crore ($470 million), sources aware of the developments said
Helios Flexi Cap Fund reshuffled its portfolio in August, cutting exposure to HDFC Bank, Reliance Industries and other holdings while adding to Swiggy, Paytm and several other stocks. The fund also exited five stocks and added two new names. Its portfolio stood at 68 stocks across 26 sectors during the month.
Five smallcap mutual funds delivered annualised returns above 17% over three years as of September 16, 2026. Investors should consider risk appetite, investment horizon and financial goals rather than returns alone.
PhonePe gets UAE nod as UPI monetisation kicks in
The approvals are for Retail Payment Services and Card Schemes and Stored Value Facilities. PhonePe must obtain final regulatory approvals to begin operations in the UAE
EPF wage ceiling at Rs 25,000: What it means for employees, employers and take-home pay
The Union Cabinet approved raising the EPF wage ceiling to Rs 25,000. This change impacts mandatory PF contributions for employers and employees. Actual PF contributions depend on an employee's defined wage structure. Employers must bear their increased PF share as a statutory cost. This enhancement aims to strengthen long-term retirement savings and social security.
The railway employees' new pension guidelines have been announced, slated for implementation in 2026. These provisions classify both death and disability incidents into four specific categories. Notably, Categories B and D are set to receive enhanced pension benefits under this framework. Additionally, the family pension rates differ considerably according to the deceased employee's category, with added protections against any delays in payments and supplementary allowances for caregivers.
