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Niva Bupa Health Insurance launches digital learning programme for upskilling advisor community
The entirely virtual training curriculum will focus on market potential, product mastery, claims mastery and digital business growth
Massive consolidation aims to cut compliance burden and improve regulatory clarity
Bandhan Bank looks to complete process of selling 7,000-crore bad assets to ARCs in third quarter
Banks board approves proposal for sale of identified non-performing assets and written-off portfolios, through bidding process, to asset reconstruction companies or permitted transferees
Banks must not force customers to opt for online banking channel: RBI
Banks shall also obtain explicit consent from the customer for providing digital banking services which may be duly recorded
Exploring the features of personal and education loans
Just a month in, Equitas Finance Head Manish Agrawal quits
Agrawal, who joined the bank on November 5 as a senior leadership hire, cited personal reasons for stepping down with immediate effect, according to a letter addressed to the banks Chief People Officer filed in the exchanges
Investments by mutual funds, SIFs in REITs to be treated as equity, effective Jan 1: Sebi
Sebi has reclassified REITs as equity instruments effective January 2026, enabling greater mutual fund participation. Existing REIT holdings in debt schemes will be grandfathered, while InvITs remain hybrid. The regulator also revamped the distributor incentive framework to boost retail participation beyond major cities
A 50-year-old with 80 lakh in FDs and 60,000 monthly expenses can target 1.23 crore in five years by adding limited equity exposure. Experts recommend hybrid funds, SWP withdrawals, and delaying retirement to boost long-term financial security
Indian residents with undisclosed foreign assets under scanner: Tax Dept launches NUDGE 2.0 campaign
On Monday, December 1, 2025, banks will remain closed in selected cities, including Itanagar in Arunachal Pradesh and Kohima in Nagaland, while the closure will not be nationwide.
IRDAI convened a high-level meeting with insurers to address the growing number of unresolved policyholder complaints. IRDAI urged insurers to adopt a more proactive, policyholder-centric approach and to strengthen their internal systems to ensure strict compliance with prescribed timelines.
NFO Alert: Bandhan Mutual Fund launches 2 commodity-based ETFs
Bandhan Mutual Fund has launched two commodity-based ETFsBandhan Gold ETF and Bandhan Silver ETFdesigned to track domestic prices of physical gold and silver. The NFOs are set to open on December 1 and close on December 3, with continuous trading beginning on December 12. Both funds aim to offer smart, transparent access to precious metals
State Bank of India alerts pensioners to a scam. Fraudsters impersonate bank officials to trick them into sharing sensitive data. Their aim is to change your registered mobile number and seize control of your bank account. Pensioners must not share OTPs or banking details. Be vigilant against suspicious calls and links.
Aggressive hybrid mutual funds see 13% YoY AUM jump, touch Rs 2.5 lakh crore in October
Nomura has initiated coverage on Anthem Biosciences with a Buy rating and a 740 target, citing attractive valuations, strong CRDMO positioning, diversified capabilities, and robust revenue and earnings growth projections despite recent stock correction.
Microfinance can drive macro progress', says RBI Deputy Governor Swaminathan J
When microfinance is delivered responsibly, ... it turns access into livelihoods, borrowers into business owners, and informal activity into measurable economic output, noted Swaminathan
Rising demand for health insurance means a greater demand for insurance advisors. Insurance advisors, today, must possess the necessary skills and knowledge to act as trusted guides helping millions navigate complex products, policy options, and claims processes. Heres how Niva Bupa Insurance Academy is preparing a generation.
Retirement crisis: 8 big pension & gratuity disputes every worker must know
New labor codes have sparked interest in gratuity rules, with fixed-term and contract workers now eligible after one year of service. This change, however, does not extend to permanent employees, who still require five years of continuous service to qualify for gratuity benefits.
Zerodha Mutual Fund crosses Rs 10,000 crore AUM in 2 years, scales to 8+ lakh investors
Zerodha Fund House, the index-focused joint venture between Zerodha and Smallcase, has surpassed 10,000 crore in assets under management within just two years of launch, Smallcase founder Vasanth Kamath announced on LinkedIn.
The Chhattisgarh High Court has made a significant ruling regarding a daughters application for a job following her mothers death 15 years ago. The court underscored that compassionate job placements are designed for those in acute financial distress at the moment of loss.
The Unique Identification Authority of India is preparing to launch a new feature. This will allow users to update their Aadhaar mobile number from home. The update will use OTP and face authentication. This will simplify a crucial Aadhaar service. Citizens will no longer need to visit enrolment centres. The service is expected to be available soon.
11 mutual funds and 1 SIF NFO are open for subscription now. Check details
Twelve new offeringsincluding 11 mutual funds and one SIFare currently open for subscription across index funds, ETFs, FoFs, multi-asset, sectoral, FMP, and long-short categories.
India's Code on Social Security, 2020 has expanded the purview of who qualifies as a family under labour laws, extending coverage. This seemingly technical change could reshape family financial planning for millions, offering broader insurance coverage, gratuity benefits, and ESI access. Here's what this expansion means your family's financial security.
Planning a destination wedding? Budget-friendly tips to cut costs without compromise
SIP magic: Nifty flat in 14 months but 167 mutual funds gave double-digit returns
Despite the Nifty 50 remaining flat for 14 months, 167 equity mutual funds delivered double-digit returns through SIPs. This performance, partly driven by market volatility and momentum, saw funds like TRUSTMF Small Cap Fund and Invesco India Midcap Fund offer significant XIRR. Experts advise continued disciplined investing and step-up SIPs for long-term wealth creation.
Best short duration mutual funds to invest in November 2025
Short duration funds are ideal for investors seeking debt schemes with maturities of one to three years. These funds balance risk and return, being less volatile than liquid options but safer than longer-term investments. HDFC Short Term Debt Fund, ICICI Prudential Short Term Fund, and Axis Short Term Fund are recommended for November 2025.
Bandhan Bank to sell off NPAs, written-off portfolios worth nearly 7,000 crore
The bank will adopt the Swiss Challenge method for sale of its NPA portfolio with a principal outstanding amounting to 3,212.17 crore
Rs 1.82 cr higher retirement corpus if your basic salary of Rs 32K rises under new labour codes
India's new labour laws offer a significant boost to retirement savings. Employees can build a larger corpus by increasing their basic salary component. This change mandates employers to allocate at least 50% of CTC to basic pay. Consequently, EPF and NPS contributions rise, leading to substantial additional retirement funds.
Sebi mulls Rs 2,000 incentive for MF investments from smaller cities, women
Mutual fund distributors can now earn an extra 2,000 commission for onboarding new individual investors from outside the top 30 cities or women. This incentive, payable from the investor education fund, requires a minimum one-year investment. The new framework, effective February 1, 2026, aims to broaden market participation.
Tamilnad Mercantile Bank launches loan origination system to speed up loan processing
It will integrate automated checks, digital workflows, appraisal uniformity and internal connectivity, enabling TMB to process and approve loans more efficiently by reducing its Turn Around Time (TAT)
CareEdge Rating expects Banking credit to grow at 11.5%12.5% year-on-year in FY26
Sebi has replaced the B-30 incentive framework with a targeted commission model offering distributors up to Rs 2,000 per new eligible investor from February 2026. The incentive, funded through AMCs investor education allocation, excludes ETFs, FoFs and ultra-short-duration schemes, and aims to curb misuse while expanding retail participation, especially among women investors.
UGRO Capitals AUM could rise to over 16,000 crore in FY26: Founder & MD Shachindra Nath
UGRO Capital aspires to lower off-book loan share to 25-30%
BOBCARD launches Cashback Credit Card: How to activate and maximise everyday rewards
Pensioners must submit their Jeevan Pramaan Patra, a digital life certificate, by November 30, 2025. This biometric-enabled service allows pensioners to avoid physical visits to pension disbursing agencies. The process involves using a smartphone and the Jeevan Pramaan Face App. Checking the status of acceptance by the pension disbursing agency is crucial.
Godrej Capitals women-focused loan initiative Aarohi crosses 1,000 crore mark
Godrej Housing Finance contributed 56 per cent of total bookings, with over 600 crore from Prime Home Loans, while Godrej Finance accounted for 44 per cent, supported by over 220 crore from Prime LAP
Individual NBP in life insurance may grow 9% in FY26: ICRA
NBP for life insurance sector expected to grow to 1.8 lakh crore in FY26
Paytm arm PPSL gets RBI nod to operate as payment aggregator
NEW DELHI, Nov 27: Fintech firm One97 Communications said its subsidiary, Paytm Payments Services Limited, has received the RBI permit after a long wait to operate as a payment aggregator. The Reserve Bank of India granted in-principle approval to Paytm Payments Services Limited in August to operate as an online payment aggregator. Reserve Bank of India on November 26, 2025, has granted Certificate of Authorization (COA) to Paytm Payments Services Limited (PPSL)to operate as a Payment Aggregator under the [] The post Paytm arm PPSL gets RBI nod to operate as payment aggregator appeared first on Daily Excelsior .
Top 5 multi-asset allocation mutual funds with highest risk-adjusted returns
Father's dream for daughter's marriage: How to build Rs 1 crore corpus
NRI Rajesh Sahni aims to build Rs 1 crore for his daughters marriage while securing long-term wealth for his children. Experts advise consolidating his SIPs into four core funds, increasing contributions to Rs 1.2 lakh monthly, and gradually shifting from equities to balanced and debt funds as the goal nears.
Top 5 equity mutual funds deliver over 30% CAGR on lumpsum investments in 3 years
The top-performing mutual funds for a three-year lumpsum horizon are dominated by value and gold-oriented schemes, all delivering strong compound returns. Despite impressive past performance, investors are advised to base decisions on risk tolerance, investment horizon, and financial goals rather than returns alone, ensuring alignment with long-term objectives and suitability
Nifty scales record high: Rs 2 lakh crore mutual fund cash waiting to be deployed
Nifty has hit a fresh record high, but mutual funds are staying cautious, holding over Rs 2 lakh crore in cashits highest in months. Elevated valuations, limited bargains, and selective opportunities are prompting fund managers to deploy money gradually despite improving macro fundamentals and optimism around upcoming earnings recovery.
The UIDAI has deactivated over 2 crore Aadhaar numbers of deceased individuals to ensure database accuracy, sourcing data from RGI and other government bodies. Aadhaar numbers are never re-assigned after deactivation to prevent identity fraud and misuse of welfare benefits. A new service on the myAadhaar portal allows reporting deaths for deactivation.
Why do financial planners recommend flexi-cap mutual funds for investment?
Inherited property, gold or shares? Heres when youll actually pay tax in India
How much EMI for Rs 20 lakh home loan? Breakdown for 10, 15, 20, 25 and 30-year tenures
Discover monthly EMI calculations for a Rs 20 lakh home loan across different tenures (5-30 years) with current 2025 interest rates starting at 7.35%. Compare rates from top banks, understand tax benefits, and learn smart strategies to reduce your home loan burden.
On November 21, 2025, the landscape of gratuity calculations will transform significantly. Fixed-term employees will newly qualify for gratuity after their first year of employment. The formula for wage calculation will include not just basic pay, but also dearness and retaining allowances, with an important addition of half the total remuneration.
MF Tracker: DSP Midcap Fund turns Rs 10,000/month SIP to Rs 1.37 crore in 19 years
DSP Midcap Fund has delivered significant wealth creation, turning a Rs 10,000 monthly SIP into Rs 1.37 crore over 19 years. While long-term SIP discipline proved effective, recent performance shows underperformance against its benchmark and category. Experts suggest continued SIPs in quality midcap index funds for future wealth accumulation.
Best medium to long duration funds to invest in November 2025
Medium to long duration debt funds invest in longer-term instruments, making them sensitive to interest rate hikes. Investors might face volatility and potential losses. Advisors often recommend safer short-term funds. However, those with a higher risk appetite and a long investment horizon can consider these funds with expert guidance.
SBI conducts Digital Life Certificate camp in Bengalurus St Mark's Road
The DLC system eliminates the need for pensioners to physically visit branches or certification authorities, offering significant relief to senior citizens, especially the aged
Canara Bank raises 3,500 cr in AT1 bonds to strengthen capital base
The issue is scheduled on Friday, the 28th of November, 2025 on the Electronic Bidding platform of NSE
The ITAT Ahmedabad has cleared Mr. Sanghvi from tax penalty by declaring it null and void. The penalty was based on allegations of misreporting income due to a mishap with his Section 54F capital gains tax exemption claim. However, the tribunal found that a mere calculation error in Section 54F does not indicate any intention of misreporting.
Motilal Oswal Alternates enters private credit with 3,000 cr fund
The fund expects to generate returns through a combination of regular fixed contracted yields and returns linked to equity performance
CAG sets up Centre of Excellence for Financial Audit in Hyderabad
CoEFA to support auditors, audit institutions and other stakeholders in developing the skills, tools and knowledge required to navigate the increasingly dynamic financial governance environment
The insurance ombudsman will register every complaint within one working day
UPS, Pension, Taxes, LPG Key tasks you must complete before November ends
As November comes to a close, several important government and financial deadlines are set to expire by the month end. Individuals who have not yet completed important tasks must do so by November 30, as many of these options will no longer be available from December 1 onward.
Employees will now receive their full and final settlement within two working days. This new labor code standardizes the process for all separations. Previously, settlements could take up to 30 days or longer. The change aims to provide employees with faster access to their dues. Employers may face operational challenges in meeting the new, shorter timeline.
Are zero-forex cards better than prepaid cards for overseas travel?
OCI Card renewal in India: Which documents are required for re-issuance of OCI Card?
Latest EPFO update: EPF passbook updates for Sep-Oct 2025 unavailable due to this reason
EPFO has announced that September-October 2025 wage details are temporarily not visible in EPF passbooks due to a revamped ECR ledger posting. This update is expected to be completed within a couple of days. Members can check their updated contributions via the UAN Member e-Sewa portal or the UMANG app.
I am an NRI, is investing in MFs through NRO and NRE accounts the most tax-efficient way?
ET Wealth Reader's Query: I hold NRO and NRE accounts and invest in mutual funds, is this the most tax-efficient way to manage these investments?
The government took the biggest decision, repealing all 29 laws and implementing just four labor codes. This isn't just a change, but a rebuilding of the labor system. A new framework that makes things easier, clearer, and safer for both workers and industry.
Stablecoins emerge as key players in global payment systems
More incumbents are likely to follow suit to capture the stablecoin opportunity in cross-border payments, reserve and Treasury management: Experts
Fintech tops funding charts in Karnataka despite 40% drop in tech investments: Report
Karnatakas fintech sector records $841 million in funding for the first nine months of 2025, an increase of 38% from $608 million in the corresponding period last year
ESAF Small Finance Bank secure ESG Rating of 75.4 from CareEdge
The upgraded score marks a significant improvement from last years 68.1
Top 5 flexi cap mutual funds offer over 25% CAGR in 5 years
Top flexi cap funds have delivered strong five-year returns, with HDFC Focused Fund leading the list, followed closely by HDFC Flexi Cap and ICICI Prudential Focused Fund
JioBlackRock Mutual Fund receives Sebis nod to launch four new active funds
For lumpsum investment, the minimum amount in all these four funds will be Rs 500 and any amount thereafter and for SIP, the minimum amount in all four funds will be Rs 500 and in multiples of Re 1 thereafter.
World Bank approves funding for 2 projects in Punjab, Maharashtra
The projects will benefit more than 6 million people by using innovative digital solutions to improve the quality of education in Punjab state and boost incomes for small and marginal farmers in Maharashtra
Loan against shares offers quick and cheaper funding but what happens when your collateral crashes?
Taking a loan against your share portfolio might seem like easily available money which can be helpful for many investors but what happens when the market tanks and your Rs 10 lakh collateral becomes worth Rs 6 lakh? From margin calls to forced liquidation, here's everything you need to know about pledging shares for loans, and why the type of stocks you pledge matters more than you think.
UIDAI latest document list: UIDAI has revised acceptable documents for identity, address, relationship, and date of birth. These changes cater to all age groups, including children and seniors.
Your Rs 1,000 monthly SIP wont make you Elon Musk or Mukesh Ambani, says Rajeev Thakkar of PPFAS MF
At PPFAS Mutual Funds 2025 unitholders meet, CIO Rajeev Thakkar reminded investors that a Rs 1,000 monthly SIP cannot create billionaire-level wealth like that of Elon Musk or Mukesh Ambani. Explaining the compounding formula, he stressed that the Pthe principal amount must be significantly higher to achieve such outcomes, urging investors to set realistic expectations.
A separated wife has won her late husband's family pension. The Allahabad High Court ruled that family pensions are a legal entitlement, not subject to employee nomination alone. The court found the wife, legally wed and with no other livelihood, was entitled to the pension. Her husband had nominated their son, but the court prioritized the wife's statutory right.
Struggling with rising costs? 7 smart ways to beat debt and take back control
Central government holiday list 2026: Govt offices across India will be closed on these days
The central government has released its 2026 holiday list, including mandatory and optional observances for its offices nationwide. Employees can select additional holidays from restricted lists, with specific provisions for offices outside Delhi/New Delhi. Dates for Islamic holidays may be adjusted based on moon sighting.
SIPs, stocks & smart apps: 9 ways young India is changing the way it builds wealth
Employees laid off will receive additional funds for skill enhancement, complementing their severance pay. With the new labor codes set to launch on November 21, 2025, employers are required to allocate 15 days' worth of wages for each affected employee.
Best medium duration mutual funds to invest in November 2025
If you are looking for a debt mutual fund where you can park money for four years or more and are ready to take some risk and volatility, you can consider investing in medium duration funds.
Flexicap funds top equity inflows in October with Rs 8,930 crore boost
Flexicap funds are leading equity mutual fund inflows, attracting Rs 8,930 crore in October. Wealth managers favor this category for its flexibility across large, mid, and small-cap stocks. These funds offer investors a diversified approach without the need to pick individual stocks. Flexicap funds are ideal for moderate-risk investors with a five-year horizon seeking steady wealth creation through SIPs.
RBI grants post facto approval to FPI 1729 Capital for acquisition of 7.14% stake in Suryoday SFB
Post facto approval means granting go ahead after an action has already been taken
Thadani re-appointed Non-Executive Independent Director
Corporate bond issuances marginally higher at 4.7 lakh cr in H1FY26
Corporate bond issuances increased to 74,000 crore in September 2025, compared to 43,000 crore in August 2025
7 Public Sector Banks get new EDs
The Financial Services Institutions Bureau had, in August 2025, recommended 11 candidates, including the aforementioned ones, for appointment as EDs, subject to to availability of vacancies in the Panel Year 2025-26
Federal Card Services eyes expanding India biz
FCS plans to issue 2 million cards from its Pune facility next year, of which 10% would be catered towards domestic market and rest for the international market
NPCI BHIM Services Limited introduced UPI Circle Full Delegation on BHIM Payments App, allowing primary users to authorize trusted contacts for UPI payments up to Rs 15,000. This feature simplifies shared financial management for families and small businesses, empowering senior citizens and young adults with controlled access.
A fake video shows Finance Minister Nirmala Sitharaman promoting an investment scheme. The video is AI-generated. The Finance Minister and the government have not endorsed any such scheme. Such schemes promise high returns quickly. Investors should verify claims through official sources and avoid sharing personal details on unverified platforms. Report suspicious content.
Prabhat Kiran takes charge as Executive Director of Bank of Maharashtra
He is expected to play a pivotal role in driving the banks growth, modernisation and customer-service excellence
What is CRN in income tax and how to find CRN on the income tax portal?
