Business Standard

PNB, Bank of India and Bank of Baroda among lenders that have raised repo-linked lending rates

From easier input tax credit claims to automated registration and a 40-crore cap on penalty-only appeals, the proposed changes seek to reduce compliance friction.

Small online sellers can now use e-commerce platform warehouses to register in other states, while the GST Council has clarified tax treatment for platforms and retained existing rates

The GST Council's changes to export definitions and refund rules are expected to benefit IT firms, consulting companies and GCCs by reducing tax disputes and working capital costs

LIC and private life insurers drive strong new business premium growth, while general and health insurers lift non-life premiums despite a sharp decline in crop insurance collections

West Bengal Finance Minister Swapan Dasgupta calls the 57th GST Council meeting very, very positive, highlighting ease of doing business and improved compliance.

ICRA expects the impact of proposed commission caps and expense limits to become more visible in FY28, with health and life insurers and smaller players facing greater pressure

Bharat Microfinance Report 2026 flags rising climate risks to rural credit as NABARD warns of potential rabi crop stress following a deficient monsoon and urges better underwriting

The sisters had a legal claim to their mother's property, but decades of silence and evidence of exclusion weakened their case before the court.

Fund Review: SBI Large & Midcap Fund

If you want to stick with FDs, but don't particularly like the low rates offered by banks, a corporate FD might just be the ticket for you

Bank deposits will join the Consolidated Account Statement (CAS) from January 1. But will the move finally give consumers a complete picture of their financial life?

The RBI's previous rate cycle shows that changes in the repo rate did not translate equally into loan and deposit rates, with the impact varying across borrowers and Depositors

Motilal Oswal real estate fund delivers 20.4% return despite Covid, rate hikes

Decision covers all MCLR-linked tenures, but impact on interest rate and EMI will depend on benchmark and terms of a loan

Rural incomes are becoming less dependent on monsoons as allied activities, irrigation and diversification cushion the impact of rainfall shortfalls.

The MPC raises the repo rate by 25 basis points to 5.5 per cent and shifts to calibrated tightening, with economists expecting further increases as inflation risks persist

The benchmark 10-year government bond yield rises to 7.24 per cent as the RBI shifts to withdrawal of accommodation, with foreign outflows and oil prices adding pressure

The rupee records its second-weakest close as external pressures and weak dollar inflows weigh; RBI Governor Sanjay Malhotra says the currency may be undervalued

Clarifying that individuals do not need to report imports or export earnings, the Reserve Bank on Wednesday said it will publish FAQs (frequently asked questions) shortly to quell misunderstandings around the recently implemented regulatory changes. Even in the case of entities, there is a provision for self-declaration up to a cap of Rs 10 lakh per bill, Governor Sanjay Malhotra said. Malhotra said the unified Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 20

RBI Governor Sanjay Malhotra said the central bank sees no asset-quality concerns for NBFCs despite high liquidity, while bank credit growth is expected to remain strong

The NBFC has weighted the increase towards longer tenures, offering up to 7.75 per cent to regular depositors and 8.15 per cent to senior citizens

Customers will be able to access financial information through any NBFC-AA, while demat account holders can also view bank deposit details in consolidated statements

The RBI raises the repo rate to 5.5% as inflation risks broaden, while keeping its growth outlook firm. Here are the key takeaways from Governor Sanjay Malhotra's statement

The RBI's new calibrated tightening stance signals that further rate hikes remain possible as the central bank responds to inflation and economic risks

The RBI MPC has raised the repo rate by 25 basis points to 5.25 per cent. Here is a look at the central bank's five previous rate hikes and the inflation backdrop at the time

Both spouses must be co-owners and co-borrowers, and actually contribute to the EMI to claim home-loan deductions

From raw materials and rent to motor vehicles and construction, businesses can claim ITC on eligible expenses, but GST rules block credit for several categories

Period-end deposits rose 4.9 per cent sequentially and nearly 19 per cent YoY to 33.27 trillion, while advances grew 16.3 per cent year-on-year

IndusInd Bank on Monday launched a new banking vertical for Global Capability Centres (GCCs) by bringing together corporate and employee banking capabilities. India now has 2,117 GCCs and the ecosystem has grown 32 per cent since FY 2021 -- underscoring the country's growing importance as a global capability hub. IndusInd Bank said that by bringing together corporate and employee banking capabilities under a dedicated GCC relationship model, the bank offers a more integrated and specialised appr

3 decisions, starting with the Federal Reserve on Wednesday and followed on successive days by peers in the UK and Japan, may recast the global monetary policy landscape for rest of 2026 and beyond

S&P Global Ratings on Tuesday assigned 'BBB' long-term rating to Bank of India (BoI) on sufficient capitalisation, solid funding, and healthy liquidity. The US-based agency said the ratings reflect the likelihood of extraordinary support for the state-run bank from the government, if needed. The long-term rating on BoI is one notch above its assessment of the stand-alone credit profile (SACP) for the bank, S&P said while assigning its 'BBB' long-term and 'A-2' short-term issuer credit ratings to

Karnataka Bank has launched the Capital Gains Account Scheme (CGAS), offering customers a convenient and compliant banking solution to deposit unutilized capital gains while planning eligible reinvestments under the provisions of the Income-tax Act.

India's Gen Z is entering financial markets earlier and increasingly using cryptocurrency as a gateway to investing, while showing a preference for diversified portfolios and a willingness to stay invested through market volatility, data from crypto exchange WazirX showed. Nearly 44.4 per cent of Gen Z investors on the platform began their investment journey through crypto, suggesting that a large share of young investors are entering financial markets through digital assets rather than adding c

The polymer banknotes will be issued alongside paper-based notes, with the procurement process currently at an initial stage, the government said