28 C 
In the State of the Economy report, published in the RBIs monthly bulletin, RBI officials noted that credit growth continued to remain healthy in July
Bank reacts to reports that a deal between it and Jana Small Finance Bank is likely in advanced stages
Fresh deposit and lending rates have hardened in recent months: RBI bulletin
The weighted average domestic term deposit rate(WADTDR) on fresh deposits rose by 16 bps in June 2026
Public sector bank more efficient than Private Sector Banks, says EAC-PM paper
The paper found that PSBs efficiency improved to 93.12% in FY26 from 72.46% in FY20, citing subsequent capital infusion and technological upgradation in select PSBs as key reasons for improvement
Aditya Birla Health Insurance ties up with ICAI to offer coverage to 17 lakh students and CA members
Aditya Birla Health has designed four products for different customer profiles in the ICAI ecosystem
SBI eyes $10 billion from NRIs, foreign investors ahead of RBI swap window closure
Earlier this month, the Reserve Bank of India advanced the closure of the Foreign Currency Non-Resident Bank (FCNR-B) deposits swap window by a month to August 31 as against the earlier cut-off date of September 30
Can a Rs 10,000 monthly SIP build a Rs 1 crore corpus? Check how long it may take
A Rs 10,000 monthly SIP can build a Rs 1 crore corpus in 20 years at 12% returns, while annual SIP increases can significantly shorten the wealth creation journey.
7 equity mutual funds delivered over 15% returns in 3 months. Did you park your cash in any?
Taxpayers engaged in business activities must submit either ITR-3 or ITR-4 by the deadline of August 31, 2026. While ITR-4 simplifies the process through presumptive taxation, ITR-3 demands a more detailed presentation of accounts.
SBI eyes $10 bn from NRIs, foreign investors as RBI swap window nears end
As RBI's concessional swap window draws to a close this month end, State Bank of India (SBI) Chairman C S Setty has expressed confidence that the bank would garner about USD 10 billion from non-resident Indians and foreign investors. In aggregate, we must be reaching the USD 10 billion mark, predominantly coming from the deposit side. But there is visibility of ECBs. ECB, of course, will have a longer period available to us, but by August 31, we should have mobilised around USD 9-10 billion on a consolidated basis, he told PTI in an interview. Earlier this month, the Reserve Bank of India advanced the closure of the Foreign Currency Non-Resident Bank (FCNR-B) deposits swap window by a month to August 31 as against the earlier cut-off date of September 30. However, the special US Dollar-Rupee forex swap window to give cheap currency hedging support to public sector undertakings (PSUs) raising External Commercial Borrowings (ECBs) is available till December 31, 2026. Talking about
The 8th Pay Commission is set to convene in Bengaluru, to hold crucial discussions regarding salaries, pensions, and working conditions with a variety of stakeholders. Additional consultations will be organized in cities like Jaipur, Chandigarh, Chennai, and Puducherry during August and September 2026.
Rs 4.5 crore retirement fund: Build a monthly income plan with SWP & bucket strategy
Gold and silver prices saw minor changes on August 25, 2026. Tanishq, Malabar, Joyalukkas, and Kalyan Jewellers offered 22k gold at Rs 15,010 per gram. IBJA reported 24K gold at Rs 16,234 per gram and silver at Rs 2,43,446 per kg. These rates exclude GST and making charges. Market attention focused on US inflation data and Fed Chair's speech.
Indian banks likely to sustain healthy growth in FY27: Bernstein
Stronger lending, easing margin concerns and stable asset quality are supporting the sector, while private banks continue narrowing their growth gap
WazirX launches AI trading co-pilot to streamline crypto research and execution
Integrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic developments, among other functions
Bernstein cuts PFC, REC target prices as bank competition weighs on loan growth
Bernstein has retained an Outperform rating on Power Finance Corporation (PFC) and REC but cut its target prices and loan-growth estimates, citing stronger competition from banks, slower renewable capacity additions and improving financial health among state-owned DISCOMs. The brokerage lowered its target to Rs 465 for PFC and Rs 410 for REC, while reducing FY26-FY28 loan-book growth estimates to 7%.
No higher maintenance for bigger flats: Court
31% Indians eye home ownership in 5 years as money confidence rises: Report
40% of female respondents consider buying a house as a five-year priority, compared with 29% of men
MF Tracker: ITI Small Cap Fund delivers 25% returns, tops 3-year chart. Should you book profits now?
ITI Small Cap Fund topped the three-year return chart with a 25.19% return, outperforming its benchmark and category average. While strong stock selection drove much of the outperformance, experts caution investors against extrapolating recent gains. With small-cap valuations appearing broadly fair, investors should focus on portfolio allocation, risk appetite, investment horizon and rebalancing rather than booking profits solely based on past
IHCLs merger with Oriental Hotels is expected to be EPS accretive and strengthen its presence in South India, according to brokerages. Nomura, Goldman Sachs and JM Financial retained Buy ratings on IHCL, citing potential cost synergies, asset optimisation and direct ownership of key properties. The merger is expected to close in FY28.
Major turning point in India's digital payment journey: PM on 10 yrs of UPI
On completion of a decade of the Unified Payments Interface, Prime Minister Narendra Modi on Tuesday hailed it as a major turning point in India's digital payment journey and said its sheer scale is something every Indian must be proud of. The UPI was launched on August 25, 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of India (RBI). The UPI has emerged as the backbone of India's digital payments ecosystem and a critical driver of financial inclusion. A decade ago, UPI was rolled out, marking a major turning point in India's digital payments journey. The sheer scale and reach of UPI are something every Indian must be proud of, Modi said in a post on X. The prime minister also asked people to share with him their UPI experience and how it impacted the life. Over a decade of operations, the UPI has demonstrated extraordinary scale and momentum in the country. Annual transaction volume expanded from just 1.78 crore in .
PPFAS GIFT reduces minimum investment in its two outbound passive funds to $500
PPFAS GIFT has cut the minimum investment in its S&P 500 and Nasdaq 100 outbound passive funds from $5,000 to $500, effective August 25. The move aims to broaden access to global diversification for eligible Indian investors through GIFT City, offering index-linked exposure to leading US companies without requiring foreign brokerage accounts.
TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potential
TCS shares rose after the IT major signed a five-year 1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for 320 million in an all-cash transaction. The acquisition, expected to close in 34 months, will deepen TCS relationship with Porsche and strengthen its AI transformation push, while expanding its presence among European automotive and industrial clients.
Entero Healthcare Solutions shares rose sharply after Prashant Jain-owned 3P Investment Managers acquired a 2.5% stake in the company through open market transactions. The shares were bought from Prasid Uno Family Trust at Rs 1,377.8 apiece, according to stock exchange data.
Husband taunted wife for her dark complexion, introvert nature; she files 498A IPC cruelty case; Jharkhand HC quashes 498A case, says his conduct is insufficient to constitute cruelty. Read the article to know what happened in this case.
Turning point in India's digital payments journey: PM Modi hails 10 years of UPI
In an X post, the Prime Minister urged UPI users to share their experience with the interface
Bitcoin tops $80,000 on debasement trade, sets three-month high
The original cryptocurrency rose as much as 2.9% to $81,257 Tuesday in Asia, a level last seen on May 15
Union Bank of India taps dollar debt market after 12-year hiatus
The bank raised $300 million each through three-year and five-year papers at a coupon of 5.23% and 5.4170%, respectively
Should you close your PPF a/c after becoming an NRI?
10 IPOs, 3,500 crore this week: From pharma to forensics, all IPOs names, dates & prices
Best gilt mutual funds to invest in August 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.
Hero MotoCorp Share Price Live Updates: Hero MotoCorp's Price Movement Signals EMA Break
Maruti Suzuki Share Price Live Updates: Maruti Suzuki News
Titan Company Share Price Live Updates: Titan Company Stock Performance Overview
Non-resident Indians have the opportunity to access their Employees Provident Fund (EPF) corpus upon their departure from India. Those who are relocating permanently abroad can initiate a complete withdrawal after fulfilling necessary formalities. Notably, NRIs arent required to reach the age of fifty-eight for this withdrawal.
Nestle India Share Price Live Updates: Nestle India Stock Update
HUL Share Price Live Updates: HUL's Price Movement Today
UPL Share Price Live Updates: UPL's Recent Price Trends
Apollo Hospital Share Price Live Updates: Apollo Hospital's Price Movement Today
Grasim Inds Share Price Live Updates: Grasim Inds. Stock Details
Tata Motors PV Share Price Live Updates: Tata Motors PV's Current Trading Status
Bajaj Auto Share Price Live Updates: Bajaj Auto's Market Update
ITC Share Price Live Updates: ITC's Price Movement Today
Hindalco Share Price Live Updates: Hindalco's Stock Performance
Adani Ent Share Price Live Updates: Adani Enterprises Market Performance Snapshot
UltraTech Cem Share Price Live Updates: UltraTech Cement Price Overview
ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it necessary to purchase the new property in our joint names to qualify for the Long-Term Capital Gains (LTCG) tax exemption, or can I purchase the new property solely in my name?
Onam bank holiday today: Are banks open or closed on Tuesday, August 25, 2026? Check status
Bank holiday today: In Kerala, banks will remain closed on August 25 and 26 in observance of Onam and Milad-i-Sherif, while several other states will also celebrate Id-E-Milad with a closure on August 26. Despite these holidays, online and mobile banking will be fully operational. Customers are encouraged to plan their branch visits accordingly to ensure a smooth banking experience during these festive days.
Should you refinance your car loan? Here's when switching may save you money
Considering refinancing your car loan? It could result in lower monthly payments and more favorable interest rates. Yet, it's essential to meticulously review any associated costs involved in switching. Extending the loan term may largely increase your total interest expenses down the line. Before making a move, ensure that any financial benefits are significant. Remember to compare the complete interest obligations, not just the monthly installments.
Investors equity rush helps SIP assets triple in five years
Mutual fund SIP investments have seen significant growth over five years. The number of unique mutual fund investors increased substantially during this period. SIP assets under management more than tripled, reaching
ICICI Bank prices its $1 billion 5-year Senior Notes at 5.410%
ICICI Banksaid its Notes issuance is part of its $7.5 billion Global Medium Term Note Programmeand the same has been raised through its IFSC Banking Unit
Every day at SBI is a defining moment, says Chairman Setty
I believe international operations will remain at around 15% of our overall credit book, which is a ratio we are comfortable with, says the SBI Chairman
Fino Payments Banks Board approves 3-month tenure extension for Merchant as interim CEO
The extension of tenure is subject to approval of Reserve Bank of India
Selling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.
Axis Pension Fund AUM crosses Rs 20,000 crore, doubles assets in 15 months
Axis Pension Fund has crossed Rs 20,000 crore in assets under management, doubling its AUM in 15 months amid growing adoption of the National Pension System. The pension fund said wider distribution, rising awareness and stronger customer trust have supported growth across retail, corporate, government and institutional segments.
SPARSH pension portal: How to track pension, benefits and life certificate
SPARSH lets defence pensioners track pension payments, entitlements, PPO details and life certificate status online, helping spot errors early
UPI completes 10 years as transaction volume jumps nearly 13,000-fold
Annual UPI transaction volume rose from 1.78 crore in FY17 to over 24,162 crore in FY26, while transaction value climbed to around 314 lakh crore
Indian benchmark indices ended lower on Monday, with the Sensex falling 172 points and the Nifty declining 33 points as early gains faded. Broader markets were mixed, while metal stocks outperformed. JSW Steel, Hindalco and Tata Steel led Nifty gainers, whereas SBI Life, Bajaj Finance and Adani Ports declined.
Rs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders the tax dept to issue the refund with interest.
Airtel Payments Bank annualised revenue crosses 3,300 crore in Q1
Net profit jumps 82% to 19 crore; Q1 revenue rises 6.8% y-o-y to 830.5 crore
UPI completes 10 years, clocks nearly 13,000-fold rise in transaction volume
Annual UPI transaction volume rose from 1.78 crore in 2016-17 to more than 24,162 crore in 2025-26, an almost 13,000-fold increase
Black money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delhi after proving his identity theft angle with Economic Offences Wings help.
8th Pay Commission calculator: Employee associations are pushing for a broader definition of family units in the upcoming 8th Pay Commission. They argue that incorporating parents into the family unit category will enhance revised salary structures significantly. This adjustment may lead to a notable increase in the basic minimum pay, highlighting the importance of supporting expanded family considerations in the proposed fitment factor.
On August 24, 2026, the price of 22k gold jewellery experienced a notable rise, with Tanishq pricing it at Rs 15,075 per gram nationwide. Competing brands like Malabar and Kalyan also reported increased rates. Additionally, IBJA provided the latest silver prices for 999 purity. It's important to keep in mind that these rates are subject to fluctuations throughout the day.
Magnum SIF by SBI Mutual Fund garners over Rs 1,100 crore in Equity Ex-Top 100 Long Short Fund NFO
SBI Mutual Funds Magnum Equity Ex-Top 100 Long Short Fund mobilised Rs 1,154 crore, the highest NFO collection in the Equity SIF category, highlighting rising investor interest in differentiated strategies.
Why 30 carry bag charge costs the shop 26,000
Planning a weekend getaway? Axis Bank cardholders can get up to 20,000 off
Built around India's long weekend calendar, the programme is designed to offer recurring travel benefits across multiple holiday periods throughout the year.
Gold correction, not collapse: Why Vallum sees another big rally ahead
Gold vs debt: Why Vallum says the metal's biggest trade is only reopening
Smallcap funds stand out with 55% SIP penetration, AUM surges 5x in 5 years: Crisil-AMFI report
Smallcap funds led SIP penetration at 55% in March 2026, while SIP AUM surged over fivefold to Rs 1.83 lakh crore in five years, AMFI-Crisil data showed.
JPMorgans Copthall Mauritius to argue SEBI violation was technical, not manipulative
The subsidiary called Copthall Mauritius Investment Ltd plans to seek clarifications but is unlikely to appeal the order for now, sources said
IDFC FIRST Bank, IIM Calcutta Innovation Park launch 2-cr startup incubation initiative
The focus areas include green manufacturing, waste recycling and upcycling, cleantech, renewable energy, water management, environmental technologies and the sustainable use of indigenous resources
Post Office TD: 5 lakh can grow to 7.25 lakh in 5 years; check 1, 2, 3 & 5-year returns
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The governments new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said Dixon Technologies is well positioned to benefit, while higher incentives for incremental sales and domestic sourcing could boost volumes and support greater backward integration across the sector.
LIC stake sale in IDBI Bank: Officers body seeks IRDAI intervention
The All-India Bank Officers Association has demanded regulatory intervention to protect policyholders and retain IDBI Bank in the public sector
Bank unions announce all-India strikes in September
India banking credit growth hits 20%, LDR nears decade-high levels
Banks saw stronger loan demand across key sectors, but slower deposit growth kept funding pressures elevated and the system-wide LDR high
Indian banks are in their best shape in a decade: MoSL
The financial services firm noted improved banking sector health, citing cleaner balance sheets and stronger fundamentals as key factors for the positive outlook on Indian banks
El Nio shock could re-price food inflation, Central Bank policy paths: US analyst
An El Nio event of this magnitude and speed has the potential to create a macroeconomic shock well before the market has fully priced it, says Michael Ferrari, VP and Head of Research, Moby
SBI looks to double business, eyes 200-lakh-cr mark by FY30
Doubling down:Focus is on profitable, meaningful, qualitative growth: Chairman Setty
SBI Research flags possibility of RBI rate hike as MPC minutes turn increasingly hawkish
SBI Research noted that discrepancies among the MPC minutes, monetary policy statement, and Governors comments have caused uncertainty in the markets regarding future interest rates
Reverse mortgage: Your house could pay you back but there's a catch
Invesco India has unveiled an innovative pharma and healthcare fund tailored for investors seeking opportunities in India's burgeoning healthcare landscape. This fund focuses on leveraging advancements in healthcare while being mindful of current sector valuations and possible US tariff repercussions. While experts advise caution, the sector's robust long-term growth potential invites investors to consider this thematic approach as a complementary investment strategy.
Best corporate bond mutual funds to invest in August 2026
Don't think that corporate bond funds do not have any risk. Sure, the highest rating of AAA offers you higher safety. But make sure your fund manager is not taking any extra risk to make extra returns.
Bonus issues & stock splits: 6 stocks to turn ex-record date this week. Do you own any?
At least six companies have fixed record dates for bonus issues or stock splits this week, from August 24 to August 28. The list includes 1:1 bonus issues by Abhishek Integrations and Mayank Cattle Food, along with stock splits by TD Power Systems, Waterways Leisure Tourism, Rotographics India and Spice Islands Industries.
Federal Bank latest lender to tap dollar debt market via GIFT City, bankers say
The bank's board approved the issuance of foreign-currency-denominated bonds through its International Financial Services Centre (IFSC) Banking Unit (IBU) in GIFT City on Friday
Citi, Axis Bank team up on leveraged India dollar deposit boom
Axis Bank will provide standby letters of credit to support financing extended by Citigroup through its offshore operations
Tata Motors PV Share Price Live Updates: Tata Motors PV Experiences Minor Setback
