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RBI infuses Rs 72,300 cr transient liquidity into banking system via VRR auctions as surplus narrows

The Reserve Bank of India injected Rs 72,300 crore into the banking system. This was done through two Variable Rate Repo auctions. The move followed a drop in surplus liquidity due to advance tax payments. Experts expect more such actions…

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RBI infuses Rs 72,300 cr transient liquidity into banking system via VRR auctions as surplus narrows

The Reserve Bank of India injected Rs 72,300 crore into the banking system. This was done through two Variable Rate Repo auctions. The move followed a drop in surplus liquidity due to advance tax payments. Experts expect more such actions…

Read More
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  • News

RBI's anti-mis-selling norms may redraw bancassurance business models, hit cross-sell revenues

The final guidelines, which will come into force from January 1, 2027, ban incentive arrangements that encourage aggressive sales practices and require banks to take responsibility for all financial products sold through their branches, digital channels, agents and outsourced partners.

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  • News

RBI's anti-mis-selling norms may redraw bancassurance business models, hit cross-sell revenues

The final guidelines, which will come into force from January 1, 2027, ban incentive arrangements that encourage aggressive sales practices and require banks to take responsibility for all financial products sold through their branches, digital channels, agents and outsourced partners.

Read More
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  • News

CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis Finance

India’s competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant primary capital raise for Axis Finance, its largest to date. It is also the first time the…

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Alethea Advisors Expands Leadership Team to Accelerate Growth Across M&A, Transaction Advisory and Global Delivery

Bengaluru (Karnataka) [India], Alethea Advisors, a fast-growing independent strategic transaction and corporate advisory firm, has appointed Gyanendra N Pati (Gyan) as Chief Growth and Marketing Officer (CGMO) and Gaurav Jain as Director, Head of M&A and Global Delivery, as the…

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  • Can you stop NPS contributions? What happens to your money, returns and tax benefits

    An NPS subscriber can discontinue fresh contributions for a few months or even several years. However, stopping contributions does not mean that the money already accumulated in the account is withdrawn or stops generating returns

  • 5 investing choices that help your wealth grow even if markets don’t behave as per your expectations | Personal finance

    Investing requires careful planning regarding purpose, timing and risk. Establishing specific financial goals and maintaining consistent contributions. 

  • EPFO: Don't know how to claim provident fund, pension online after EPF member's death? Check stepwise guide for families

    EPFO: Today, we take a look at how the family (nominees or legal heirs) of subscribers can claim their provident fund (EPF) savings, pension payout (EPS) and insurance benefit (EDLI) after the member's death.

  • Annual Information Statement: What AIS covers, how taxpayers can access it and correct errors online

    AIS gives taxpayers a consolidated view of financial and tax information linked to their PAN. Here's what it covers, when new information may appear, how to access the statement and what to do if you spot an error.

  • Already invested in flexi-cap? Avoid these 3 categories when adding more funds to limit portfolio overlap

    With 50% of your portfolio in flexi-cap funds, adding another equity fund category may bring significant overlap rather than diversification. Only 25%-36% of the equity exposure may be genuinely different across key fund categories.

  • Jan Dhan Yojana: Every fourth account inoperative, Uttar Pradesh tops list; nearly 6 crore have zero balance

    PM Jan Dhan Yojana: Every fourth account under Pradhan Mantri Jan Dhan Yojana is inoperative, while nearly 5.72 crore accounts had zero balance, according to the Finance Ministry's response to activist Chandra Shekhar Gaur's RTI application. 

  • Too much money in stocks? This is what you should check before selling

    If you feel you have too much money invested in equities, it is useful to look beyond current market conditions. Instead, consider why you are investing, how much time you have and when you will actually need the money

  • 5 signs you're building a financial empire, and you know it: Smarter money habits and better choices for tomorrow

    Building a financial empire involves everyday habits in spending, saving and planning. By recognising personal triggers and avoiding impulsive decisions, individuals can make thoughtful financial choices that align with their goals and values.

  • India's ₹100 household savings puzzle: ₹33 goes to banks, while ₹39 flows to pension funds and markets

    India’s household savings are shifting beyond bank deposits. Their share fell to 33% in FY25, while pension funds, mutual funds, shares and debentures together reached 39%. Yet 68% of household wealth remains in physical assets, highlighting the long runway for financialisation.

  • Delhi Lakshmi Yojana RD maturity: Check lock-in period date, recurring deposit credit amount, eligibility

     Delhi Lakshmi Yojana RD maturity: Check lock-in period date and recurring deposit credit amount for eligible women beneficiaries, aged between 21 and 60 years, credited every month through the selected banking partner. 

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