26 C 
CSB Bank reports 6% increase in Q4 FY26 net profit at 202 crore
Pralay Mondal, MD & CEO, attributed the de-growth in retail loans to re-classification of loans against security, where the collateral was gold, and decline in unsecured loans, among others
RBI cautions members of the public against false and misleading campaigns promising loan waivers
Such campaigns not only mislead the general public but also interfere with the orderly functioning of the credit system of the country, according to a central bank statement.
Newly appointed DG Rohit Jain given charge of 10 RBI Depts
The new DG has been appointed by the government for a period of three years or until further orders, whichever is earlier
Q4 ResultsToday, May 4, 2026, Updates: Catch updates
Bitcoin crosses $80K for first time in 3 months; sentiment turns risk-on
Total market capitalisation rises to nearly $2.64 trillion
Banks, insurers unlikely to enter commodity derivatives segment now: SEBI Chief
Speaking on the sidelines of the IMC Capital Markets Conference at the NSE, Pandey said both regulators have a valid rationale for not being favourably inclined towards the segment
Savings account interest rates: Suryoday Small Finance Bank has updated its savings account and fixed deposit interest rates. Effective May 1, 2026, savings accounts will offer up to 7.60% interest on higher balances.
These 3 equity mutual fund categories offer over 15% average return in 1 year. Check details
International funds led returns, followed by energy and auto sector funds. Top performers delivered strong gains, but investors should prioritize risk appetite, goals, and horizon over chasing past returns.
The Indian Railways Technical Supervisors Association (IRTSA) has submitted a memorandum to the 8th Pay Commission demanding five distinct fitment factors for its technical staff, citing job complexities and hazards. They also proposed a 5% annual increment, a promotional increment equivalent to two annual increments, and a separate CPI for calculating Dearness Allowance.
HDFC Mutual Fund increases fresh SIP registration amount in HDFC Defence Fund, caps STP at Rs 25,000
HDFC Mutual Fund has revised investment rules for its HDFC Defence Fund, increasing the minimum amount for fresh SIP registrations. It has also capped new STP registrations at 25,000 per month per investor (PAN level), allowing them only under a monthly frequency from May 4.
Flying via Dubai? New ticket refund rules for delays and other consumer rights you must know
New consumer rights rules for air travel in Dubai took effect on April 28, 2026, empowering passengers with clearer information on ticket prices, terms, and baggage. The Dubai Civil Aviation Authority's directive mandates airlines to provide timely updates and options like re-routing or refunds for flight disruptions, with provisions for meals and accommodation during extended delays.
These 5 flexicap mutual funds had maximum mid and smallcap exposure. Check details
Gold prices are stable today as traders await crucial economic data from major economies and the US jobs market. Analysts note that geopolitical tensions and rising oil prices are influencing gold's movement. Retail prices at leading jewellery brands like Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds show little change.
Etihad Airways is now offering a 10% discount on promo seats for its top-tier loyalty members. Gold, Platinum, and Emerald members of the Etihad Guest program can avail this special offer. This benefit enhances the exclusive member experience, providing greater value and rewarding redemption opportunities.
RBI explores steps to mobilise dollar inflows as rupee slides, sources say
The rupee has slumped 5.5% this year, sliding to an all-time low of 95.33 per dollar last Thursday
Check your EPF now: How incorrect dates affect PF balance, claims and pension
SBI Card has revised its late payment charges, effective May 1, 2026, impacting lower outstanding amounts. A new Rs 100 penalty now applies for dues between Rs 100 and Rs 500.
EPS pension hike 2026: Will your monthly pension rise to 3,000? Check eligibility now
Mutual fund portfolio in loss after 20 months? Expert says dont judge too early, tweak allocation
An investor's SIP portfolio in SBI Mutual Fund showed a Rs 10,000 loss after 20 months, prompting expert advice. Volatility is inherent in equity markets, and a short investment horizon makes performance judgment difficult. Experts recommend a flexi-cap fund for better diversification and reduced volatility.
A US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account during demonetisation. The ITAT Delhi cancelled the notice, acknowledging the funds were genuine remittances from earlier years, ruling in favor of the NRI after a six-year legal battle.
Best-performing NPS equity funds: Over 15% returns in 3 years. Check key details
Top NPS equity funds have generated over 910% annual returns in the last three years, with fund managers like LIC, UTI, and SBI leading performance amid steady equity market gains.
Bitcoin surpasses $80,000 as Asian stocks near record highs
The original cryptocurrency climbed as much as 1.9% Monday morning in Singapore to $80,393, its highest level since Jan. 31
Balance sheet, income & cash flow statement decoded
If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for you. In the 101st part of this series, Riju Mehta explains the difference between the three types of financial statements.
Portfolio recipe for 2026: Best equity, debt, gold mix
For best portfolio results, its best not to get swayed by any one asset class. Experts recommend diversification. While asset allocation is the way to go, the question remains: what is the best combination? Every investor has their own asset allocation. Heres a start. In this weeks TrendMap, ET Wealth compares seven asset combinations. Portfolios with gold have delivered a notable returns boost in recent years, while those with zero gold exposure have persistently lagged. By Sameer Bhardwaj.
How hidden charges change the true cost of trading
There are several types of orders that investors can place on the exchange, and each interacts with the system in a distinct way. The choice of order type determines how and when a trade is executed, the price it gets filled at, and even whether it gets executed at all. As a result, the order an investor chooses can significantly impact trading outcomes and overall returns.
New online gaming rules: What's changing for you?
An online game is any game played on a phone, laptop, or digital device, operated through software using the internet or any form of electronic communication. This definition ensures that almost every form of digital gaming falls within its scope. The real difference, and the real tax impact, begins when we look at how these games are classified.
AI, apps aid women in finance, health, daily life
Women are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online shopping, utility bill payments, documentation and paperwork, health care and medical needs, travel (booking cabs or navigation), recreation, and even career management.
RSU vs ESOP: Which is better for employees?
From vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employers stock is not the safe reward it feels like.
Staying disciplined paid off for us: Navneet Munot
HDFC MFs Navneet Munot tells Sanket Dhanorkar and Kayezad E. Adajania how navigating crises has shaped investing discipline, risk management and future strategy.
IRDAI data skips average sum assured per policyholder
When IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium per unit of cover, the two are in perfect alignment. No one needs to collude. The ruler measures what the industry finds convenient. The industry finds it convenient because the ruler keeps pointing upward.
Tier-2, 3 investors surge, awareness gaps remain
Even as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awareness may leave investors vulnerable.
Consistent performers: 13 equity funds deliver over 20% in 3 and 5 years. Do you own any?
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
Equity mutual funds delivered over 4% return last week. Check top 10 performers
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.
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.
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
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
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
6 investments with 7.5% and higher interest rates: SCSS, SSY, RBI bond and more
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
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.
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.
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.
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.
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%
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.
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.
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.
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.
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.
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.
Find the live updates of Kotak Mahindra Bank, Avenue Supermarts, APL Apollo Tubes, Epigral, Netweb Tech and more on businessline
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.
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.
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
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 Latest Fixed Deposit Interest Rates: May 01, 2026
The Latest Fixed Deposit Interest Rates: May 01, 2026
The Latest Home Loan Interest Rates: May 01, 2026
The Latest Home Loan Interest Rates: May 01, 2026
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 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 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.
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.
MAS Financial Services Q4 results: Net profit climbs 25% on robust lending growth
MAS Financial Services to pay dividend of 0.75 per share
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.
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.
PF withdrawal issues? Fix these EPS errors to avoid PF claim rejection and pension loss
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.
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.
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.
PAN now mandatory for big transactions: Form 97 route restricted; check new rules
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.
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.
Looking for best equity MFs to invest for 3 years? Check these 6 funds with over 27% returns
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.
Q4 Results Today, May 1, 2026, Live Updates: Catch live updates
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.
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.
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.
From Marwari horse to Paris runways: 7 ways India and Herms forged a designer connection
Gold loan guide: 7 things you must know before you pledge your gold
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.
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.
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.
PSBs hire over 50,000 staff in FY26; NARCL accelerates recovery efforts
The hiring trend reflects a steady rise in workforce across PSBs, driven by growing business needs and financial inclusion goals.
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)
Oriserve launches AI platform for BFSI operations
Oriserve services are aligned with RBI guidelines, GDPR and ISO 27001 standards
Equitas Q4 profit surges on higher levels of business
The profit grew 136 per cent sequentially
