20 C 
IDBI Bank employees service conditions will remain unchanged after sale, says DIPAM secretary
DIPAM secretary Arunish Chawla said the share purchase agreement protects existing employees against changes to their disadvantage following the proposed sale
RBI tweaks operational risk capital framework for banks
The central bank also clarifies that operational risk losses used for calculating the Internal Loss Multiplier (ILM) will be considered net of recoveries.
RBI tightens operational risk capital norms for banks from April 2027
The RBI has revised operational risk capital norms for banks, covering income classification, derivative valuations and historical loss data, with the new rules effective April 1, 2027
NBFCs lose ground despite stronger profitability, better asset quality: RBI Study
Report also highlights continued dependence of NBFCs on external borrowing
Currency in circulation growth hits five-year high, says RBI report
Currency in circulation rose 13.5% YoY to 43.46 trillion in October, while reserve money grew 10.3%, supported by FCNR(B) inflows and RBI liquidity measures
Outward remittances under LRS rise 3.6% to $2.74 billion in August 2026
Outward remittances under the RBI's Liberalised Remittance Scheme rose 3.6% YoY to $2.74 billion in August, driven by overseas investments, while education spending fell
Bajaj General Insurance names Deepak Reddy CEO designate
Reddy to take over as Managing Director and Chief Executive Officer from April 1, 2027; Tapan Singhel to continue until March 31
SBI Capital flags RBIs inconsistency in liquidity management
Ecowrap questions 2.5 lakh crore VRR auctions amid efforts to absorb liquidity and signal tight money regime
23 days after new RBI forex rules, individual service exporters still await clarity, banks lack SOPs
With no written clarification from the central bank, AD banks have adopted conflicting interpretations, and most are yet to release the mandated SOPs.
Bank of Indias Q2FY27 net profit up 25% at 3,202 crore
Net interest income (interest income less interest expended) was up 18.50 per cent y-o-y to Rs 7,007 crore (Rs 5,912 crore in Q2FY26)
FM urges the regulators and stakeholders concerned to expedite the process of refund of unclaimed assets
CSB Bank PAT up 14% on NII growth and lower provisions
The banks advances grew 22.1 per cent to 42,383 crore in Q2FY27 as against 34712 crore in the same quarter last fiscal
Shriram Finance Q2 profit jumps 59% to 3,684 crore on auto demand growth
Shriram Finance reported a 59 per cent rise in Q2FY27 net profit to 3,684 crore, aided by stronger automobile demand, while total income increased 16 per cent year-on-year
Remittances towards overseas equity and debt more than double YoY in August: RBI data
Outward remittances by Indians under the Liberalised Remittance Scheme (LRS) reached $2738.58 million in August 2026, a 3.6 per cent growth YoY and 6 per cent up from July
Data centres, steel, nuclear power top private investment pipeline
An analysis of nearly 6,850 projects announced between April 2024 and September 2026 shows data centres attracting Rs 19.14 trillion, followed by steel and nuclear power
RBI's net dollar purchases hit record $43.26 billion in August: Bulletin
The RBI's net dollar purchases more than doubled to $43.26 billion in August, while its outstanding net short position in the forward market climbed to a record $200.06 billion
Mahindra Finance flags festive slowdown as tractor lending trails other vehicles, drought risks loom
Mahindra Finance says tractor demand weakened more than other vehicle categories during early Navratri business. Despite stronger passenger vehicle financing and record asset quality in the September quarter, drought conditions across 282 districts and approaching farm repayments pose risks to second-half growth.
The Latest Fixed Deposit Interest Rates: Oct 23, 2026
The Latest Fixed Deposit Interest Rates: Oct 23, 2026
The Latest Home Loan Interest Rates: Oct 23, 2026
The Latest Home Loan Interest Rates: Oct 23, 2026
Paying only the minimum credit card bill? Here's what it may cost you
You can avoid late fees by paying the minimum amount, but interest on old and new purchases can make a temporary cash crunch expensive.
SBI Funds Management net down 6% on rise in expenses
Average AUM rises 10% to 13.14 lakh crore; equity assets up 11% y-o-y
ICICI Bank, Indian Bank increase FD interest rates
India's forex reserves decline $5 billion to $721 billion: RBI data
India's forex reserves dropped by USD 5.011 billion to USD 721.016 billion during the week ended October 16, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty declined by USD 8.578 billion to USD 726.027 billion. The reserves touched an all-time high of USD 785.706 billion for the week ended September 4, driven by heavy greenback inflow as part of a special concessional swap for deposits from the diaspora through which banks raised a record nearly USD 133 billion but have been on a declining trend ever since. Experts attribute the sharp decline in the kitty to deployment of FCNR(B) resources and currency defence put up by the RBI through dollar sales. For the week ended October 16, foreign currency assets, a major component of reserves, decreased by USD 5.758 billion to USD 591.847 billion, according to the data released by the Reserve Bank of India (RBI). Expressed in dollar terms, the foreign currency assets include effects of appreciation or ..
India's general insurance industry to see modest growth in FY27 amid pricing pressures: Report
Strong retail health demand and motor OD gains offset by crop and fire declines; pricing pressures persist in motor segment
SBI Card posts higher quarterly profit on improving asset quality
The company has steadily tightened credit underwriting over the last few quarters to tackle asset quality stress and higher delinquencies in credit cards
The Delhi State Legal Services Authority is set to conduct a National Lok Adalat from 10 am to 4 pm at multiple court locations throughout New Delhi. This initiative will tackle civil and criminal compoundable cases, allowing litigants to refer their matters by visiting designated court complexes.
EPS-95: Private sector employees wins case for higher pension as Bombay HC rules higher pension can be given even if PF trust rules capped the contributions at statutory wage ceiling limit
From diversifying beyond equities and exploring real estate investments to planning early retirement, navigating legal complexities and understanding the wealth potential of artificial intelligence, Day 2 of ET Wealth Expo 2026 will examine how investors can multiply wealth, achieve financial freedom and make informed financial decisions.
Data leak incident: SBI says customer balances completely safe
A detailed assessment is currently underway and appropriate remedial and preventive measures are being implemented as required, the bank said
Purple Finance plans entry into affordable housing finance segment
The non-banking lender will explore expansion options as its combined assets under management reach 853 crore following a recent acquisition
Why IDBI Bank employees called for 2-day strike
Will EPF wage ceiling hike go in vain for your EPS?
AC, TV damaged during shifting: Lady wins Rs 3L
HDFC Bank shares hover 52-week low ahead of CEO handover on Monday
Despite the recent setbacks, HDFC Bank stocks near-term focus now shifts as the new chief executive, Anup Bagchi succeeds Sashidhar Jagdishan on Monday, October 27
The Reserve Bank of India has finalized the redemption price for future Sovereign Gold Bonds, allowing investors to redeem them early after a five-year period. This price is based on recent average gold closing prices.
India-US bond yield gap tops 250 bps as G-Sec yield hits 7.48%; FPI inflows uncertain
Indian sovereign bond yields have climbed amid monetary policy concerns and oil price risks, while investors assess currency and hedging costs
Parag Parikh Flexi Cap, SBI Flexi Cap among top 7 flexicap MFs to invest in October 2026
Among the seven recommended flexi cap mutual funds, Parag Parikh Flexi Cap Fund and SBI Flexi Cap Fund stand out for their commendable track records. Evaluated on parameters like returns, consistency, and asset size, these funds have consistently outperformed over the past five years. Investors with a medium risk appetite looking to invest for a period of five to seven years should consider flexi cap funds for potential wealth accumulation.
The Parag Parikh ELSS Tax Saver Fund has struggled to meet its benchmark over the past one, two, and three years. Yet, it retains a five-star rating from research platforms like PrimeInvestor. Investors are advised to consider the fund's long-term performance and portfolio strategy, alongside monitoring its investment protocols and risk controls. The three-year lock-in period for ELSS investments also plays a crucial role in decision-making.
Gold Silver Price October 23, 2026: Gold prices continued to decline on October 23, 2026, with notable reductions at major jewellers. Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers lowered their 22k gold rates significantly.
88% of homes listed for sale in India are ready to move in, Delhi leads
Of 7.53 lakh residential properties advertised for sale nationally, 6.63 lakh are classified as ready to move in, according to an analysis of 99acres listings collected on October 10, 2026.
Home loan rate rising? A better credit score could save you lakhs; heres how
Best conservative hybrid mutual funds to invest in October 2026
For investors who prefer a cautious approach, financial experts often endorse conservative hybrid mutual funds as a solid way to diversify portfolios. These funds typically allocate the bulk of their investments to debt instruments while holding a smaller share in equities. While such funds lower exposure to stock market volatility, investors must remain vigilant and understand the inherent risks involved, especially when selecting from recommended top-performing funds.
Bank of Baroda has initiated a festive campaign providing various retail and MSME loan options for customers. The campaign includes home loan interest rates starting from 7.40% with waived processing fees for eligible borrowers.
Ola Electric shares dip 5% after Goldman Sachs downgrades stock to Sell. Heres why
Ola Electric shares fell sharply on Friday after Goldman Sachs downgraded the stock to Sell from Neutral and cut its target price to Rs 23, implying a 28% downside. The brokerage lowered its FY27-FY29 revenue estimates by up to 10%, citing prolonged operating losses and challenges in sustaining market share.
Delivery can cost 1.5 lakh to 3 lakh: What maternity insurance in India covers and what it doesnt
L&T Share Price Live Updates: L&T's Recent Trading Activity
Inherited gold jewellery: Keep it, sell it or exchange it? 5 things to check first
Fintech M&A outlook improves, but investors remain selective on valuations
A D.A. Davidson report highlights diverging fintech valuations, renewed dealmaking interest and investors growing focus on sustainable competitive advantages
Q2 Results Today, 23rd October 2026 Live Updates: Follow the latest announcements and developments on the company's September quarter earning on Adani Power, JSW Steel, Tata Motors, Shriram Fin, Torrent Pharma, CG Power, BPCL, Dr Reddys Laband others
Asian Paints Share Price Live Updates: Asian Paints Current Market Status
Tech Mahindra Share Price Live Updates: Tech Mahindra's Current Price Analysis
After retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling Rs 9.53 lakh. Determined to secure his rightful benefits, he appealed to the ITAT Jaipur, which sided with him and extended full tax exemption. The tribunal admired prior cases that upheld similar claims from fellow retirees, proving advantageous for Chhaju.
Titan Company Share Price Live Updates: Titan Company Faces Price Drop
LTIMindtree Share Price Live Updates: LTIMindtree Stock Details
UPL Share Price Live Updates: UPL's Trading Insights
JSW Steel Share Price Live Updates: JSW Steel Stock Details
Wipro Share Price Live Updates: Wipro Stock Details
UPI Payment failed or stuck? When banks must refund your money and pay 100 per day in compensation
Have you ever faced a situation where a UPI payment was debited from your account but not received by the recipient? Discover the steps to handle failed UPI transactions, understand the reversal process, and learn how long refunds typically take. Stay vigilant against potential fraud while navigating the complexities of digital payments.
Yes Bank unlikely to pay AT1 bond coupons despite bondholders demands, sources say
Bondholders are seeking clarity on overdue interest payments as the lender weighs its legal options following the Supreme Courts decision
SBI felicitates nine Asian Games 2026 athletes who won 11 medals for India
State Bank of India has recognised the achievements of its supported athletes, highlighting their contribution to Indias medal tally at the Games
We want to be number one again: Nischal Shetty, WazirX Founder
From July to September this year, traders on our spot platform have increased by 100-111 per cent, and our volumes have increased by 124 per cent, says Shetty
Asirvad Micro Finance elevates Pasangha as its MD & CEO
Appointment follows RBI approval; focus on portfolio quality, governance and sustainable growth
CoinDCX confirms functioning of rogue wallets, siphoning user funds worth $16 million
On Thursday, an X user of the name DracyAri flagged that CoinDCX was suspected of having approximately $15.99 million and 5,783.81 TRX stolen
Nippon Life India AMC debt down 6% on one-time provision
Fund house declares dividend of 9.50 a share
Banks make a beeline at the VRR auction to draw liquidity
Liquidity surplus in the banking system has shrunk to 542 crore as of October 21, 2026, down from 4,86,904 crore as of September 30, 2026.
Nabard working on raising $2 billion via external commercial borrowings
Nabard fully subscribed to NSDCsmaiden issuance of ZCZP instruments aggregating 4 crore.
J&K banks Q2 net profit rises 28.8% sequentially to 546 crore due to improved asset quality
Net profit stood at 424.18 crore in the April-June quarter and 494.11 crore in the year-earlier period
Sonu Sood to earn Rs 3.52 crore in rent in 5 yrs
How EPFO can cut penalty for late PF contribution
J&K Bank Q2 net profit rises 10.6% to 546 crore
Earnings growth and asset quality gains drive profit; other income more than doubles y-o-y
Govt issues new SOP for NPS to OPS migration
Landowners win Rs 1.22 crore relief against builder
Husband gets divorce under reciprocal cruelty grounds available under Hindu Marriage law but with Rs 36.25 lakh permanent alimony; Patna HC order explained in this article.
Sonu Sood rents out Mumbai commercial unit; lease deal valued at 3.52 cr
Sonu Sood's Mumbai property deals: 3.52 crore Versova lease, 8.1 crore Flat sale decoded
India Post crosses 4,000 cr revenue for 2 successive qtrs for first time: Scindia
The growth was led by Parcel, which was up 71%
Dearness relief hike: The Bharat Pensioners' Samaj has formally addressed a letter to the cabinet secretary concerning the urgent need for a dearness relief hike for pensioners. They stress the importance of timely disclosures to support pensioners reliant on such adjustments. With expectations for a DR increase of 3% to 4%, many hope for this announcement before Dussehra, as any delay has caused disappointment among those looking to better manage their festive expenses.
Gold rate today: Gold prices for 22k jewellery decreased in various cities like Delhi, Mumbai, Chennai, and Kolkata. The India Bullion and Jewellers Association announced lower indicative rates for gold and silver.
Barclays plans 5,000 job cuts as bank steps up AI-led efficiency
The London-based bank is simplifying its organisation and improving operational efficiency as it seeks to create capacity for investment
UBS acquires 4.8% stake in India's 360 ONE WAM after warrant conversion
UBS boosted its stake in Indias 360 ONE WAM by about 4.8% after converting warrants and paying the exercise price, expanding its wealth management tie-up
ICICI Bank set to revise savings account charges
Retirement planning: Is your portfolio ready for a 25% stock market crash?
HDFC Bank shares near 52-week low amid insider leak probe
Veteran ICICI Group executive Anup Bagchi is set to assume the role of chief executive on October 27, inheriting a bank navigating multiple leadership upheavals simultaneously
Best balanced advantage funds or dynamic asset allocationfunds to invest in October2026
Balanced advantage funds have attracted interest from new investors due to their dynamic management of equity and debt exposure. These funds adjust investments based on market conditions and valuations to mitigate risks. Despite their flexible nature, these funds are not entirely safe and can experience volatility. Investors are advised to have a long-term horizon of at least five years.
Starting a SIP in October? These mutual funds suit high-risk investors
RBI may raise interest rates by 50 bps by February 2027, says Emkay
Rising inflation across goods and services, coupled with global interest-rate pressures, could shape the Reserve Bank of Indias next policy decisions
Where to invest Rs 10 lakh amid market volatility? Experts weigh in
Home loan alert: Your EMI may stay the same, but your loan could get longer
Rising Repo Rates can lead to higher EMIs or longer loan tenures, increasing borrowing costs
8th Pay Commission latest news: Could Level 1 basic pay jump to 72,000? Check Level 1-5 estimates
