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AI won’t trigger layoffs; will shift people from backend to frontlines, says HDFC Bank CEO

HDFC Bank is investing heavily in technology and running lighthouse experiments around generative AI to re-engineer processes and enhance customer experience. CEO Sashidhar Jagdishan said AI will not cause job cuts but will instead move people from the back end…

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Inside the RBL Bank–Emirates NBD Deal: All you need to know

In what is India’s biggest FDI deal, Dubai-based Emirates NBD will acquire a 60% stake in Kolhapur-headquartered RBL Bank, making it the UAE lender’s Indian subsidiary. The transaction, CEO R. Subramaniakumar said, will catapult RBL into the league of large…

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State of the economy: How macroeconomic indicators performed in September 2025?

GST 2.0 rollout, easing inflation, and resilient credit growth highlighted September 2025, even as UPI transactions, employment, and PMI signaled mixed momentum. How do these macroeconomic indicators reflect India’s economic trajectory? Let’s unpack it in ETBFSI’s State of the Economy:…

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Eternal gets GST demand order, penalty of over Rs 128 cr

​The demand order received from Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh is with respect to short payment of output tax and excess availment of input tax credit for the period April 2023 to March 2024 with interest and penalty…

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India Inc brings home spirit of Diwali, lets employees keep it light

Cos are offering gifts of flexibility-from WFH option to avoid festive traffic, celebrating with staff who reach office despite the rush, to extended time-off. Auto sector bonus has been put in the fast lane.

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UltraTech Cement’s fixed costs to drop in current quarter: CFO Atul Daga

This quarter, UltraTech Cement plans to significantly lower its fixed costs by nearly ₹100 per tonne, driven by reduced maintenance, marketing efforts, and workforce expenses.

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  • Paytm, AU Small Finance Bank's RuPay credit card: 2% reward on UPI spends, 5% on Paytm Travel bookings — check benefits

    Paytm and AU Small Finance Bank have launched a lifetime-free RuPay credit card that offers rewards on eligible Paytm UPI spending and complimentary family airport lounge access on eligible flights booked through Paytm. The card has no joining or annual fee.

  • HDFC Bank launches electric car loan with separate battery and vehicle repayment tenures – key features

    HDFC Bank’s new Flexi (Green) electric car loan lets you finance the car body and battery separately, with a longer battery tenure to lower EMIs. Here’s how it works and what to check before you apply, including the cost of a longer repayment term.

  • DA, wage hike: 4,000 MCD workers to get ₹18,000 salary, dearness allowance under ‘equal pay for equal work’

    Delhi MCD wage hike: Around 4,000 public health workers will receive a minimum monthly salary of ₹18,000 plus dearness allowance (DA) under the equal pay for equal work principle. The pay revision will cost ₹52 crore, with increased wages transferred directly to workers’ bank accounts.

  • Gold, silver prices today, 26 October: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata

    Gold and silver prices today, 26 October: Check the latest 24K, 22K gold and 999 silver retail rates across Delhi, Mumbai, Kolkata and other major Indian cities, along with MCX market updates.

  • Using a credit card for foreign transactions? 5 key things to know about fees, exchange rates and charges | Full list

    Using a credit card abroad can easily cost more than the foreign-currency price shown. Forex markup fees of 1% to 3.5%, GST on those fees, exchange rate changes and dynamic currency conversion all add to your bill. Here are 5 things to know about credit card charges on international transactions.

  • Bank holiday today Oct 26: Why are branches at some locations closed today despite Monday working day? RBI calendar list

    Banks are closed on Monday, October 26, on the RBI’s October 2026 calendar. Public and private bank branches are affected, but online banking and banking apps remain available.

  • 8th Pay Commission: 5 latest updates on consultations and what they mean for salary and pension

    The 8th Pay Commission concluded its Mumbai consultations on 23 October and will complete one year on 3 November, with about 6 months left to submit its report. Here are the 5 latest updates on its website, from visit schedules to consultant guidelines and what they mean for employees, pensioners.

  • Bank holiday today: Are SBI, HDFC, ICICI, PNB branches closed on 26 October for Laxmi Puja? Check RBI calendar

    Bank holiday today: Public and private lenders, including the State Bank of India, HDFC Bank, ICICI Bank and PNB branches, will be closed on 26 October for Laxmi Puja / Accession Day / Maharishi Valmiki's birthday. Check the full RBI calendar here…

  • Rupee down, US yields up: Is it time to add Treasuries to your portfolio?

    Rising US Treasury yields and a weaker rupee are drawing Indian investors toward dollar-denominated debt as a fixed-income diversifier.

  • Fell for a fake trading app or guaranteed-return WhatsApp group? What to do immediately? Can you recover your money?

    As investment participation grows in India, scammers are using messaging groups and fake apps to lure investors with promises of quick returns. Here's what to do if you fall for such frauds. 

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