facebook
SENSEX
NIFTY
GOLD
USD/INR

Weather

image 30    C

Personal Finance

...

Punjab & Sind Bank aims to cross total business milestone of 3 lakh crore in FY27

The bank is expecting a credit growth of 16-18% and deposit expansion of 13-14% in the ongoing financial year, says Punjab & Sind Bank MD and CEO Swarup Kumar Saha

The Hindu Businessline 3 May 2026 2:41 pm

Chasing midcap mutual funds? Invesco India Mid Cap and 4 others deliver over 25% CAGR in 3 years

Invesco India Mid Cap Fund gave the highest return of 27.2% in the last three years. The fund is assigned a four-star rating and had an AUM of Rs 9.895 crore.

The Economic Times 3 May 2026 1:01 pm

Know Your Fund Manager | Sameer Narayan, Head Alternate Investment Equity, Aditya Birla Sun Life AMC

Growing up in a middle-class family that valued discipline and long-term thinking, I developed an early interest in understanding how businesses grow and create value. That curiosity gradually evolved into a passion for equity markets and investing.

The Economic Times 3 May 2026 12:22 pm

Public sector banks looks to scale up IT spend in view of cyber threat posed by Anthropic Mythos

Mythos' advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns that it could be used to disrupt banking systems

The Hindu Businessline 3 May 2026 12:21 pm

Kotak Mahindra Banks Q4FY26 standalone net up 13% to 4,027 cr

Indias fourth largest private sector bank had clocked a net profit of Rs 3,552 crore in the year ago quarter

The Hindu Businessline 2 May 2026 9:11 pm

FinMin notifies 100% FDI in insurance; LIC cap stays at 20%

The move follows recent amendments to insurance laws aimed at boosting investment and expanding the sector

The Hindu Businessline 2 May 2026 7:20 pm

Kotak Mahindra Bank Q4 results: Net profit jumps 13% to 4,027 cr on strong loan growth

Kotak Mahindra Banks net advances expand 16% in the quarter from a year earlier, mainly driven by retail and corporate loans

The Hindu Businessline 2 May 2026 5:30 pm

DA hike for bank employees: What will be monthly salary hike for employees of different stages, scales and basic pays?

Bank employees will see a slight increase in their take-home pay as the government has raised Dearness Allowance (DA) from May 1, 2026. The DA has been revised to 25.70%, a 0.70% hike from the previous quarter's 25%. This adjustment impacts salaries across various pay scales for the May-July period.

The Economic Times 2 May 2026 5:24 pm

Senior citizen FD interest rate hike: This NBFC is now offering up to 7.75% interest rate to senior citizens

Bajaj Finance has boosted interest rates on its 31-60 month fixed deposits to 7.40%, with senior citizens now earning up to 7.75%. These revised rates are effective May 1, 2026. The 8th Pay Commission has also released schedules for upcoming meetings in Hyderabad, Srinagar, and Ladakh during May and June 2026 to gather stakeholder input on pay and pension matters.

The Economic Times 2 May 2026 2:28 pm

5 mutual fund NFOs and 1 SIF to open for subscription this week. Check details

Five mutual fund NFOs and one SIF are set to open for subscription this week, offering investors fresh opportunities across index, ETF and thematic categories. With varying investment minimums and timelines, these launches reflect fund houses efforts to expand offerings and capture investor interest in evolving market segments.

The Economic Times 2 May 2026 2:26 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (May 2, 2026) in New Delhi, Mumbai, Chennai and other cities

Gold prices saw fluctuations on May 2, 2026, influenced by global uncertainties and inflation concerns. Leading jewelers like Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds reported varying 22k gold rates. The IBJA provided indicative rates as of April 30 due to market closures.

The Economic Times 2 May 2026 1:39 pm

Lower valuations may see India outflows moderate: RBI Governor

The rupee has declined more than 5% so far this year, ranking as Asias worst performer, while the benchmark Nifty 50 stock index has lost 8%

The Hindu Businessline 2 May 2026 12:50 pm

SIFs Ex-Top 100 long-short strategy gains 12% in 1 month; two offerings available

Ex-Top 100 long-short SIF strategies have delivered strong near-term gains, with leading funds returning up to 15% in a month. The approach focuses on mid and small caps outside top 100 stocks, combining long equity exposure with selective short positions for alpha generation.

The Economic Times 2 May 2026 12:45 pm

Revised rules for OCI cardholders and minor children holding two passports: Citizenship (Amendment) Rules, 2026 notified

New Citizenship Rules for 2026 are here. Minor children cannot hold two passports. OCI registration is now digital, with e-OCI cards. Applying for OCI is fully online. Renouncing or cancelling OCI cards has clear electronic procedures. Biometric data can be used for fast immigration. These changes simplify processes and enhance digital record-keeping for citizenship matters.

The Economic Times 2 May 2026 12:43 pm

These 6 equity mutual funds deliver over 20% return in April. Do you own any in your portfolio?

Six equity mutual funds delivered over 20% returns in April, led by international and sector-focused schemes. A majority of funds posted positive returns, reflecting strong market momentum. Global indices, especially Nasdaq, supported performance, while only two funds ended negative, highlighting broad-based gains across categories during the month.

The Economic Times 2 May 2026 12:24 pm

Quant Mutual Fund sees ideal time to rebalance portfolios, remains heavily deployed on attractive valuations

Quant Mutual Fund advises aggressive portfolio rebalancing amid improving market conditions, citing attractive valuations and strong liquidity. It favors large caps, selective mid and small caps, and sectors like energy, infrastructure, and financials, while remaining cautious on manufacturing uncertainties.

The Economic Times 2 May 2026 11:41 am

Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemes

Senior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rates for senior citizens, along with benefits like premature withdrawal, loan options, and sweep-in facilities. This article explores the highest FD rates available from PSU, private, and small finance banks for this demographic.

The Economic Times 2 May 2026 11:20 am

Planning a 15-year mutual fund investment? Heres a simple 4-scheme portfolio approach

A long-term investor with Rs 10 lakh and a 15-year horizon can build a simple four-fund mutual fund portfolio combining a Nifty index fund and flexi-cap funds. The strategy focuses on disciplined investing, diversification, and staying invested through volatility to generate sustainable wealth over time despite market fluctuations.

The Economic Times 2 May 2026 10:39 am

Q4 Results Today Live: Kotak Mahindra Bank, Avenue Supermarts, APL Apollo Tubes, Epigral, Netweb Tech to announce Q4 results

Find the live updates of Kotak Mahindra Bank, Avenue Supermarts, APL Apollo Tubes, Epigral, Netweb Tech and more on businessline

The Hindu Businessline 2 May 2026 9:34 am

Saturday bank holiday: Are banks open or closed today on May 2, 2026?

Banks in India are not open on all Saturdays. So anyone willing to complete their bank work today (Saturday, May 2, 2026) must check if banks are open or closed today.

The Economic Times 2 May 2026 7:00 am

A foreign degree at zero cost? These scholarship strategies can turn your dream of overseas education into fully funded study

Securing prestigious scholarships for studying abroad requires more than just academic merit; it demands years of dedicated groundwork and a compelling narrative. Indian students aiming for international education must strategically build impactful profiles, focusing on deep engagement with specific issues and clearly articulating their intent and need.

The Economic Times 2 May 2026 6:30 am

On-shoring global rupee market: Indian banks will need to evolve as market-makers globally, says RBI Guv Malhotra

This observation comes in the backdrop of the Rrupee breaching the 95 to the Ddollar mark in intraday on Thursday for the first time since March 30, 2026, and closing at an all time low of 94.91 per US Ddollar

The Hindu Businessline 1 May 2026 9:35 pm

Capital Small Finance Bank eyes 34K cr total biz threshold for converting to a universal bank

CSFB reported 18 per cent year-on-year increase inQ4FY26 net profit at Rs 40 crore against Rs 34 crore in the year ago quarter

The Hindu Businessline 1 May 2026 9:10 pm

The Latest Fixed Deposit Interest Rates: May 01, 2026

The Latest Fixed Deposit Interest Rates: May 01, 2026

The Hindu Businessline 1 May 2026 7:00 pm

The Latest Home Loan Interest Rates: May 01, 2026

The Latest Home Loan Interest Rates: May 01, 2026

The Hindu Businessline 1 May 2026 7:00 pm

8th Pay Commission demands: Old Pension Scheme option for NPS subscribers; 65-year retirement age for teachers; what this employee body expects from 8th CPC

The All India NPS Employees' Federation met with the 8th Pay Commission chairperson and other members. It proposed allowing central government NPS subscribers to switch to Old Pension Scheme after completing certain years in service. It has also requested raising the retirement age for central government teachers to 65.

The Economic Times 1 May 2026 5:22 pm

UK tenancy rule change from May 1, 2026: Landlords can no longer evict tenants through no-fault evictions, Heres four other changes for tenants in the United Kingdom

The UK's Renters' Rights Act, effective May 1, 2026, significantly overhauls tenant protections. Key changes include abolishing 'no-fault' evictions, capping upfront rent to one month, and prohibiting rental bidding wars. Landlords must now reasonably consider pet requests, and fixed-term contracts are replaced by flexible rolling tenancies, offering renters greater security and stability.

The Economic Times 1 May 2026 4:50 pm

8th Pay Commission meeting schedule released: Check Hyderabad, Srinagar, Ladakh 8th CPC meeting dates

The 8th Central Pay Commission is set to hold crucial meetings in Hyderabad, Srinagar, and Ladakh during May and June 2026. Employee unions and organizations are invited to submit their pay, pension, and allowance-related demands online. The deadline for memorandum submission has been extended to May 31, 2026, with specific appointment booking requirements.

The Economic Times 1 May 2026 4:34 pm

Planning to take home loan? 5 smart ways to maximise your benefits

The amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs, and long-term financial goals such as childrens education, retirement planning, or emergency savings. Ideally, the EMI should not exceed 3540% of your monthly take-home income.

The Economic Times 1 May 2026 4:07 pm

MAS Financial Services Q4 results: Net profit climbs 25% on robust lending growth

MAS Financial Services to pay dividend of 0.75 per share

The Hindu Businessline 1 May 2026 3:26 pm

Emirates National Bank of Dubai to facilitate faster local payments in UAE using Visa cards; Know how it helps you

Visa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing of card transactions in UAE Dirhams. This means domestic Visa card payments for shopping, dining, and travel will be processed locally. Consumers will experience quicker transactions without any changes to how they use their cards.

The Economic Times 1 May 2026 3:12 pm

22k gold rate today: Check 24k, 22k, 18k gold prices (May 1, 2026) in New Delhi, Mumbai, Chennai and other cities

Gold rate today: Gold prices experienced minor fluctuations on Friday, May 1, 2026, with 22k gold rates varying across major Indian cities. Leading jewelers like Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds reported updated prices.

The Economic Times 1 May 2026 2:44 pm

Revised post office transaction norms based on New Income-tax Rules, 2026: PAN mandatory for these transactions; more rules explained

The Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a PAN must submit Form No. 97 with complete details. These changes, part of the Income-tax Rules, 2026, also introduce Form 121 to replace Forms 15G and 15H for TDS exemption claims.

The Economic Times 1 May 2026 2:09 pm

Parag Parikh Flexi Cap among top 5 flexicap funds with highest risk-adjusted returns. Check details

Sharpe ratio measures risk-adjusted returns, showing excess return per unit of risk. Top flexi-cap funds deliver strong three-year performance with relatively high Sharpe ratios, indicating efficient balance between risk and returns.

The Economic Times 1 May 2026 12:56 pm

Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAEs central bank rolls out new initiative

Tourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, a collaboration between the UAE Central Bank, ICP, and ADCB, allows for instant cashless payments. The move aims to boost financial inclusion and accelerate the nation's digital payment ecosystem, enhancing the visitor experience.

The Economic Times 1 May 2026 12:38 pm

PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebis rule works

Mutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rolling out a voluntary lock-in facility. This Sebi-introduced framework offers enhanced safety and control, applicable to both demat and non-demat holdings, and is accessible via MF Central.

The Economic Times 1 May 2026 12:15 pm

RBI's ECL norms may cause up to 120 bps one-time hit for banks: Crisil

Reserve Bank of India's (RBI) proposed shift to an expected credit loss (ECL) framework could lead to a one-time net impact of up to 120 basis points (bps) on banks' Common Equity Tier-1 (CET-1) ratios, though the overall credit profiles of lenders are expected to remain stable says Crisil Ratings.

The Economic Times 1 May 2026 11:47 am

386% return on SGB final redemption date: Gold bond turns Rs 1 lakh investment into Rs 4.86 lakh

The Reserve Bank of India has announced the final redemption price for Sovereign Gold Bonds SGB 2018-19 Series-I, maturing on May 4, 2026. Investors will receive Rs 14,901 per unit, representing a nearly 386% absolute simple return on the initial investment.

The Economic Times 1 May 2026 11:29 am

Kotak Mutual Fund temporarily suspends subscriptions in its 4 international funds

Kotak Mutual Fund has temporarily restricted subscriptions in four international funds, allowing investments up to Rs 1 lakh per PAN per month. The move reflects ongoing limits on overseas investments. Existing SIPs will continue, while fresh inflows are capped. The funds have delivered strong returns over the past year.

The Economic Times 1 May 2026 10:38 am

Do recruiters check your social media? What hiring managers really look for

Companies now check social media profiles before hiring. Recruiters look for how candidates communicate and present themselves online. This offers a real-time view into their thinking and professional judgment. Social media is becoming an extension of a candidate's professional identity. It helps employers gain a clearer picture beyond traditional resumes. This practice is becoming more common in the hiring landscape.

The Economic Times 1 May 2026 10:27 am

Best mutual fund SIP portfolios to invest in May 2026

ETMutualFunds presents recommended mutual fund portfolios for May 2026. These portfolios cater to conservative, moderate, and aggressive investors. They are designed for SIP investments across various amounts. The selection methodology considers rolling returns, consistency, downside risk, outperformance, and asset size for equity, debt, and hybrid funds. This guide helps investors build portfolios for long-term goals.

The Economic Times 1 May 2026 9:32 am

Rs 13 lakh cash payment for credit card bill triggers tax notice; man wins case after ITAT accepts family gift explanation

A Mumbai man faced a tax notice for using Rs 13 lakh cash to pay his credit card bill. He explained the cash as gifts from his wife, father, and mother. The Income Tax Appellate Tribunal Mumbai accepted his explanation for a significant portion of the amount. The tribunal ruled in his favor, partially deleting the unexplained cash addition.

The Economic Times 1 May 2026 7:00 am

Bank holiday today: Are banks open or closed on May 1, 2026, for Maharashtra Day, Buddha Purnima, May Day? Check state-wise holiday list

Banks across numerous Indian states will be closed on Friday, May 1, 2026, due to a confluence of holidays. These include Maharashtra Day, Buddha Purnima, May Day (Labour Day), and the birth anniversary of Pandit Raghunath Murmu. While some holidays are state-specific, others are observed more widely, impacting banking operations in many regions.

The Economic Times 1 May 2026 7:00 am

UPI clocks 314 lakh crore transactions in FY26, marks 10-year milestone

This marks a more than 4,000-fold increase in value since its launch in 2016, alongside a nearly 12,000-fold surge in transaction volume.

The Hindu Businessline 30 Apr 2026 10:59 pm

Central Bank of India reports 30% decline in Q4FY26 at 724 cr

Net profit impacted as the Bank took a one time impact of recognition of Deferred Tax Asset (DTA)

The Hindu Businessline 30 Apr 2026 9:09 pm

Oriserve launches AI platform for BFSI operations

Oriserve services are aligned with RBI guidelines, GDPR and ISO 27001 standards

The Hindu Businessline 30 Apr 2026 8:58 pm

Equitas Q4 profit surges on higher levels of business

The profit grew 136 per cent sequentially

The Hindu Businessline 30 Apr 2026 8:24 pm

ESAF Small Finance Bank post 24 crore net profit for Q4 FY26

Total business stood at 48,276 crore, registering a year-on-year growth of 14.8 per cent

The Hindu Businessline 30 Apr 2026 8:18 pm

Credit life cycle management firm Oolka raises $14 million in Series A round

The capital will be used to scale Oolkas AI engineering team and expand its agentic capabilities beyond credit, and grow the companys partnerships with banks and NBFCs

The Hindu Businessline 30 Apr 2026 8:18 pm

Banking built on judgment, and not just models, says RBI Deputy Guv

His lecture tied in three strands together theory, practice, and supervision to argue that finance must ultimately serve a public purpose

The Hindu Businessline 30 Apr 2026 7:31 pm

Cholamandalam Investment and Finance Q4 profit up 30% y-o-y, makes provision for geopolitical risks

The highest AUM growth came in the Loan Against Property (LAP) business, with the AUM of 52,295 crore as of March 31, 2026 registering a growth of 26 per cent y-o-y

The Hindu Businessline 30 Apr 2026 7:29 pm

Edelweiss Financial Services Q4 net profit drops 16% to 132 cr

Total income declined to 1,969.28 crore during the quarter from 2,343.26 crore in Q4 FY25

The Hindu Businessline 30 Apr 2026 5:58 pm

Used meal card benefits? Form 12BA deadline alert: Why salaried employees must collect it by April 30 for filing ITR for AY 2026-27

Salaried employees need to collect Form 123 from employers by April 30, 2026. This form details perquisites like meal card benefits. It is crucial for filing Income Tax Returns for Assessment Year 2026-27. Employers must issue this statement for employees earning over Rs 1.5 lakh annually. This ensures accurate reporting of all benefits received.

The Economic Times 30 Apr 2026 3:58 pm

IDBI Bank Q4 results: Net profit drops 5% to 1,943 crore

Net profit impacted by fall in operating profit to 3,043 crore from 3,195 crore a year ago

The Hindu Businessline 30 Apr 2026 3:29 pm

SEBI approves change of control at RBL Bank in Emirates NBD stake deal

Emirates NBD's proposal to buy a 60% stake in RBL for $3 billion was announced in October 2025

The Hindu Businessline 30 Apr 2026 3:18 pm

Federal Bank to acquire select credit card portfolio from StanChart India

The transaction values the portfolio at 1.5 to 1.6 times implied equity as estimated by Federal Bank.

The Hindu Businessline 30 Apr 2026 3:18 pm

PhonePe surpasses 700 million registered users

This milestone highlights PhonePes population-scale reach in India and the breadth of its digital platform offerings across payments and financial services distribution

The Hindu Businessline 30 Apr 2026 3:18 pm

NFO Alert: Union Mutual Fund announces launch of equity long short fund under Arthaya SIF

Union Mutual Fund has launched its Arthaya Equity Long Short Fund under the new SEBI SIF framework. This strategy aims to generate returns across market cycles by combining long equity positions with selective short exposure, bridging the gap between traditional and alternative investment products.

The Economic Times 30 Apr 2026 3:09 pm

NPS charges explained: PFRDA clarifies CRA, PRAN, AMC rules; provides Atal Pension Yojana update

NPS charges: PFRDA has issued new clarifications on National Pension System charges. Annual Maintenance Charges for Tier II NPS accounts will now match Tier I accounts. Dormant accounts will incur a 10% AMC charge.

The Economic Times 30 Apr 2026 2:21 pm

Wipro is buying back shares at Rs 250. What your tax bill looks like depends on this factor

Wipro's share buy-back offers Rs 250 per share, a premium over market price. New tax rules effective April 1, 2026, treat buy-back proceeds as capital gains. This makes tendering shares more tax-efficient for both promoters and non-promoters compared to selling on the open market.

The Economic Times 30 Apr 2026 2:15 pm

Federal Bank plans to buy part of StanChart India's credit card portfolio

The London-based lender has been offloading non-core components in India as part of efforts to boost profitability

The Hindu Businessline 30 Apr 2026 1:08 pm

ETFs record highest ever net inflows of more than Rs 1.8 lakh crore in FY26: Zerodha Fund House

Indian Exchange Traded Funds experienced unprecedented net inflows of over Rs 1.8 lakh crore in FY26. Commodity ETFs, specifically Gold and Silver, drew more investor interest than equity ETFs. This marks a significant shift, with over half of all ETF inflows directed towards these precious metals. This trend indicates investors are diversifying their portfolios using the ETF structure.

The Economic Times 30 Apr 2026 12:34 pm

Can Rs 70 lakh grow to Rs 5 crore? Expert says a 10% step-up SIP may fall short of the goal

A 55-year-old investor targeting Rs 5 crore from a Rs 70 lakh corpus may fall short with a 10% step-up SIP, experts caution. Even with 1314% returns, projections remain below target. Increasing SIP contributions and timely portfolio derisking are critical to improving outcomes and protecting gains near retirement.

The Economic Times 30 Apr 2026 12:26 pm

Employee fired for Rs 2 lakh embezzlement but wins case in Supreme Court as employer conducted enquiry without witnesses

An employee fired for Rs 2 lakh embezzlement has won a significant victory in the Supreme Court. The apex court ruled that the employer's inquiry was flawed as it lacked witnesses. Consequently, the employee's dismissal and recovery order were set aside. The employer now has the option to conduct a fresh inquiry within six months.

The Economic Times 30 Apr 2026 12:15 pm

EPFO member alert! Have old, inoperative EPF account? E-PRAAPTI portal will soon help you track it easily

The Employees Provident Fund Organisation is introducing E-PRAAPTI, a new digital portal. This platform will assist members in finding, tracking, and linking their old or inactive EPF accounts. The portal uses Aadhaar-based authentication for secure access. It aims to benefit employees who worked before the UAN system. This initiative will streamline the process of managing past EPF accounts.

The Economic Times 30 Apr 2026 11:59 am

Sisters land claimed by brother as deemed tenant; Bombay High Court rejects plea, rules in favour of her adopted son

A long family land dispute spanning over 20 years concluded with the Bombay High Court ruling in favor of an adopted son. The court rejected a brother's claim of tenancy over his deceased sister's agricultural lands. The High Court clarified that a brother cultivating his sister's land is considered a family member, not a deemed tenant.

The Economic Times 30 Apr 2026 11:20 am

Got a salary hike? Heres how much you should step up your mutual fund SIP

During salary hikes, investors should consider increasing SIPs to beat inflation, boost wealth, and match goals. Step-up SIPs help automate growth, but regular reviews ensure affordability, flexibility, and proper portfolio balance.

The Economic Times 30 Apr 2026 10:53 am

Low-cost index funds & ETFs should form backbone of your portfolio: Vishal Jain, CEO, Zerodha Fund House

Zerodha Fund House CEO Vishal Jain advocates for low-cost index funds and ETFs as the core of long-term portfolios, emphasizing asset allocation for broad exposure and simplicity. He believes passive products offer transparency and cost-effectiveness, making them ideal building blocks for investors navigating uncertain markets.

The Economic Times 30 Apr 2026 10:49 am

295% return on SGB premature redemption date: Gold bond turns Rs 1 lakh investment into nearly Rs 3.95 lakh

The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bond 2019-20 Series-VI. Investors can redeem these bonds from April 30, 2026. The redemption value is fixed at Rs 14,931 per unit. This represents a significant return on the initial investment. SGBs are government securities offering an alternative to physical gold.

The Economic Times 30 Apr 2026 10:47 am

Bank Holidays May 2026: Full list of dates & closures

Bank branches will observe multiple closures in May, with the holiday schedule varying from state to state based on regional festivals and local observances

The Hindu Businessline 30 Apr 2026 10:08 am

Best short duration mutual funds to invest in April 2026

Short duration mutual funds offer investment opportunities for one to three years. These funds invest in instruments like treasury bills and corporate bonds. They provide a moderate risk profile, less than long-term funds but more than liquid options. Investors seeking stability for short-term goals can consider these schemes.

The Economic Times 30 Apr 2026 9:18 am

NRI but using resident savings account? Heres what you must know about NRE, NRO, and FEMA rules

NRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significant penalties and operational issues. Understanding the differences between NRE and NRO accounts is crucial for managing finances effectively abroad.

The Economic Times 30 Apr 2026 7:00 am

Wrong EPF joining or exit date? This small error can cost you big; Heres how to fix it fast

Small errors in EPF joining or exit dates can cause major financial problems. These mistakes can delay fund withdrawals and even impact your pension eligibility. Employees must regularly check their records. Correcting these dates is now easier, but prompt action is crucial to avoid future complications. Ignoring these details can create significant roadblocks when accessing your hard-earned money.

The Economic Times 30 Apr 2026 6:30 am

RBI overhauls framework for Banks for handling loans affected by natural disasters

A natural calamity is as any event recognized under official disaster relief frameworks such as the National or State Disaster Response Funds.

The Hindu Businessline 29 Apr 2026 9:27 pm