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HDFC Bank#39;s mortgage book grew 18-20% incremently post merger, says senior executive

The lender additionally said its fundamental strategy has been to improve the turnaround time of processing at front end.

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An unconstitutional bond unravels in a big win for the right to information

Electoral Bonds: The Supreme Court ruling is a triumph of constitutional rights as the right to information and transparency trumped the bonds’ twin objectives (curbing the use of black money in elections and protecting the identities of parties in the…

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The electoral bonds#39; story: From Arun Jaitley convincing his secretary to the RBI#39;s issues

Subhash Chandra Garg, during whose tenure as the economic affairs secretary the electoral bonds scheme was notified, was initially apprehensive about it. However, he concluded that it helped in cleaning up cash financing of elections and “drastically reduced the contribution…

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Axis Bank shares fall 2% as Swamy moves court alleging Rs 5,100-crore scam

Subramanian Swamy has alleged that Axis Bank unlawfully gained by transacting in the shares of Max Life Insurance

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CEA Nageswaran says adaptation best insurance against climate change

Nageswaran was speaking at a workshop on climate finance jointly organised by the finance ministry#39;s department of economic affairs and the Asian Development Bank

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Mid-day Mood | Sensex, Nifty trim opening gains as RIL, banks see selling pressure

While the benchmark indices erased early gains, the broader market remained resilient. The market breadth also heavily titled in favour of gainers as two stocks rose for each one that fell.

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News

  • Income Tax Filing: IT Dept launches ‘TAXASSIST’ to help with queries and notices | Here is how it works

    Income Tax Filing: The Income Tax department launched 'TAXASSIST' to aid taxpayers with inquiries and notices ahead of the 15 September 2025 deadline. This initiative includes reminders about key tax actions and provides guidance on related issues.

  • SEBI Jane Street scandal: How retail investors can protect themselves – 5 key insights

    SEBI's action against Jane Street exposes high risk expiry day manipulations, urging retail investors to stay informed, avoid impulsive trades, and prioritise vigilance in volatile equity markets.

  • Bank of Baroda waives off minimum account balance charges on savings bank accounts. What does this mean?

    From July 1, 2025, saving bank account holders will not be liable to pay any minimum account balance (MAB) charges if they fail to maintain the minimum balance. However, there will be charges on premium bank accounts

  • Punjab National Bank slashes MCLR by 5 bps to ease borrowing costs

    Punjab National Bank has reduced its MCLR by 5 basis points on various loan tenors effective July 1, 2025, providing relief to borrowers amidst rising interest rates.

  • Income Tax: Online Form ITR-B released for taxpayers who received notice under 158BC. Check details here

    Income Tax: Section 158BC applies when undisclosed income is unearthed during search or seizure operations conducted by the Income Tax Department.

  • No prepayment penalty on business loans: RBI’s big relief for individuals and small enterprises

    RBI has barred banks and NBFCs from levying pre-payment penalties on floating rate loans to individuals and MSEs for business use, effective January 1, 2026.

  • Bank of Baroda cuts home loan interest rate to 7.45%, offers zero processing fees for new borrowers

    Bank of Baroda reduces home loan interest rate to 7.45% and waives processing fees for new borrowers, aiming to boost credit growth and support affordable housing demand.

  • Your credit score isn’t final — Here’s how to bounce back from a low rating

    A low credit score can be improved through timely payments, low utilisation, and monitoring. RBI’s updated rules now help borrowers rebuild credit faster with better data accuracy.

  • Should you take a personal loan via GPay? Pros, cons, and hidden charges explained

    Google Pay now provides instant personal loans through partner lenders with quick approvals and minimal paperwork, but users must watch out for high interest rates, eligibility checks, and hidden charges.

  • Business credit card: Features, eligibility, fees and how it works

    Business credit cards serve to manage business expenses, maintaining a clear distinction from personal transactions. Offered by various banks with different fees, they enhance cash flow and simplify financial management for businesses, freelancers, and employees in growing companies.

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