Bajaj Finance Limited, India’s largest NBFC by market capitalisation, has announced a significant increase in its Fixed Deposit (FD) interest rates starting 1 May 2026, with returns expected to rise…
Category: Banking And Finance
Rush to take Rs 1 crore health coveras premiums shed tax load
An increasing number of Indians are opting for health covers of ₹1 crore and above, multiple insurers told ET, as , zero taxes on policy premiums and greater awareness push…
Federal Bank to acquire 4.5 lakh Standard Chartered card portfolio
Mumbai: will acquire a select India credit card portfolio from Standard Chartered Bank of about 450,000 cards, the bank said in a statement. Both banks will sign an agreement for…
Audit watchdog to split disciplinary & probe functions, set up 4 divisions
New Delhi: The (NFRA) is setting up separate wings for investigation and disciplinary functions to avoid any perceived conflict of interest involving its staff with overlapping responsibilities, in the first…
Applying for a loan, requesting a credit report? Here’s how your credit score is calculated in India
Credit score is a three-digit number from 300-900 that showcases your credit risk to lenders. It is determined by your past credit behaviour or “financial reputation” and is used to…
Credit report: Does your spouse’s credit history impact your creditworthiness? Check key factors, how to maintain score
A clean credit profile is important when you apply for a credit card, home loan, mortgage or personal loan in the future; and is possible to build through proper planning.…
RBI updates auto-debit rules: Here’s what changes for your digital payments using cards, UPI transactions
The Reserve Bank of India, in its ‘Digital Payments — E-mandate Framework, 2026’, announced updates to electronic auto-pay transactions via credit cards, debit cards, prepaid payment instruments (PPIs) and the…
DA: Differences between Dearness Allowance and House Rent Allowance, explained
The Finance Ministry last week announced revision in Dearness Allowance (DA) for central government employees and pensioners (including railways and defence personnel), from 58% to 60% of Basic Pay, with…
Bajaj Finance raises FD rates up to 7.40%: Should you lock in now?
In a move that may interest fixed-income investors, Bajaj Finance Ltd. has raised interest rates on its fixed deposits. The revised rates will come into effect from May 1, 2026.…
NPS unclaimed money: How to recover your funds with interest and secure your pension
Do you have any unclaimed contributions under the National Pension System (NPS)? If so, you should know that such contributions can remain stuck for years, but they are never lost.…