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Fino Payments Bank CEO Ketan Merchant receives 3 months extension

Merchant was associated with the Bank since 2018, served as the CFO, got promoted as the Interim CEO, in February 2026.

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Marriott sees India becoming its second-largest market in 3-4 years

Marriott International expects India to become its second-largest global market within three to four years, overtaking China and Mexico, CEO Anthony Capuano told ET.

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India Inc’s equity fundraising surges past Rs 1.11 lakh crore on strong inflows in July-August

IPO activity remained particularly strong, garnering more than 40% of the funds raised. So far this month, 20 companies have collected more than ₹20,850 crore, adding on to the ₹28,650 crore raised by 12 companies in July. Listed companies have…

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The GCC reset: From building capabilities to creating enterprise value

The question facing enterprise leaders today is no longer simply, “How do I build a centre that delivers work more efficiently?” It is increasingly, “How do I build a centre that creates strategic value for the enterprise?”

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Indian banks are in their best shape in a decade: Motilal Oswal

Indian banks are in their strongest position in a decade, with gross NPAs near historic lows and robust capital buffers, Motilal Oswal Financial Services said. Banking-sector asset quality has improved sharply, supported by stronger profitability, balance-sheet repair and resilient capital.…

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Fino Payments Bank board extends tenure of interim CEO by another 3 months

Fino Payments Bank’s board approved Ketan Merchant’s interim CEO tenure extension. This extension is for three months, starting from August 27, 2026. The decision requires approval from the Reserve Bank of India. Merchant’s interim role began after Rishi Gupta’s arrest…

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7 aggressive hybrid funds delivered 12%+ 5-year SIP returns; Bank of India led with 16.5%
Seven aggressive hybrid funds delivered 12% or more in five-year SIP returns, led by Bank of India Aggressive Hybrid Fund at 16.50%. However, performance varied widely among the category’s largest schemes, with HDFC Aggressive Hybrid Fund returning 5.99% and ICICI Prudential delivering 12.26%.
Gold and silver price today, Sept 28: Check retail rates of 24K, 22K gold and 999 silver in Mumbai, Delhi, other cities
Gold and silver prices in India witnessed a sharp drop during early trading hours on Monday. Check retail rates of the precious metals in top metro cities of the country.
₹85.30 lakh cash gifts from relatives: ITAT says donors’ low income alone isn’t enough to reject genuine gifts
The Chennai ITAT deleted an ₹85.30 lakh tax addition on cash gifts after the taxpayer produced gift deeds, ITRs and financial statements, while all five donors confirmed the gifts. The tribunal said the initial burden under Section 68 was discharged.
Customers may not be able to use UPI at mobile stores on October 2; why retailers are protesting
Mobile retailers  have called for a 'No UPI Day' protest on October 2, during which customers may not be able to use UPI for making payments at mobile shops. Here's why the protest is happening and what are their demands.
Can money collected for someone else be taxed as your income? ITAT ruling on ₹20.33 lakh cash deposits
An 89-year-old retired principal said ₹20.33 lakh deposited in his bank accounts represented hostel fees collected for an education society, with only ₹2,251 left as surplus. The ITAT has sent the case back to the tax officer to verify the records and determine who actually owned the money.
Tax audit due date remains Sept 30: No extension yet — Here's how much penalty you could face for late filing
The September 30 deadline for taxpayers to submit tax audit reports is approaching, with no extensions granted yet. Here's the penalty for late filing. 
3-day bank strike deferred: What happened during union body meet? Will SBI, HDFC Bank now remain open 5 days a week?
The nationwide bank strike scheduled for 28-30 September has been deferred following an agreement between the IBA and the UFBU. The decision offers temporary relief to bank customers, including those of SBI and HDFC Bank, while discussions will focus on a five-day banking week and unresolved issues.
3-day bank strike deferred after bank union body meet: Will SBI, HDFC Bank remain open on Monday, 28 September?
The proposed three-day bank strike from September 28 to 30 has been deferred after the IBA and UFBU reached an understanding. SBI and other public sector bank branches are expected to operate normally on Monday, while private banks such as HDFC Bank will remain open.
Manufacturing mutual funds: Top scheme delivered over 23% in 1 year—did this stellar return come with higher risk?
Manufacturing mutual funds have outperformed their benchmark over the past year, with the top schemes delivering strong returns. But higher returns do not tell the full story. How much volatility did investors take on and did the additional returns come with higher risk?
Your gold or silver ETF holds physical bullion: Here's what SEBI's new vault rules mean for investors
SEBI has approved changes to its vault manager rules, bringing physical bullion underlying gold and silver ETFs under a common framework. The move strengthens requirements around how this bullion is stored, secured, segregated and accounted for.