The Union Cabinet on Tuesday approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 to support businesses facing liquidity stress due to the ongoing , Information and Broadcasting Minister Ashwini…
Category: Banking And Finance
EPF vs PPF: Key differences, rules, tax benefits and returns explained
The Employees’ Provident Fund (EPF) and the Public Provident Fund (PPF) are two widely used long-term savings instruments in India, each governed by a different set of rules. While EPF…
Dearness Allowance: What are the types of DA and how often are they revised? We answer top FAQs
Dearness Allowance (DA) or dearness relief (DR) is a percentage of employees’ basic salary intended to address the inflationary impact on households of central government employees. A rise in DA…
Income-tax returns: Investment proof, PAN Card — Here’s a checklist of required documents for smooth ITR filing process
Taxpayers can file their income tax returns (ITR) offline and online using steps on the e-filing portal. And while filing your returns is now more accessible, taxpayers can still make…
No systemic risk to BFSI sector; may see short-term slowdown in loan growth: Deepak Parekh
Mumbai: Industry veteran on Tuesday said the banking and financial services sector faces no major from the ongoing global geopolitical uncertainties, but there may be a short-term slowdown in loan…
8th central pay commission: Memorandum submission date extended to 31 May — Six months on here are the top updates
The 8th central pay commission (CPC) has extended its deadline for stakeholders to submit their memorandum of suggestions ahead of the panel’s recommendations. Chaired by former Supreme Court Justice Ranjana…
₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension
Mutual fund calculator: The difference between a normal investor and a smart investor lies in small puns. For example, a normal investor starts investing in equity mutual funds in a…
Looking for safe returns? These 5 government-backed schemes offer over 7.5% interest
Several government-backed savings schemes in India currently offer annual interest rates of 7.5% or higher, according to the latest notified rates. These instruments are part of the government’s savings framework,…
Loan waiver offer? RBI says it could be a scam; 5 ways borrowers can protect themselves
The Reserve Bank of India (RBI) on Monday issued a warning about the rise of fraudulent loan waiver schemes systematically targeting borrowers. These scams generally spread through social media and…
RBI rate cuts partly passed on to borrowers in FY26, lending rates fall but not fully: Report
The Reserve Bank of India’s (RBI) interest rate cuts during FY26 were only partially passed on to borrowers, with lending rates declining but not to the same extent as the…