MFIs bounce back after 11 quaters of contraction and write-offs

Kolkata: India’s microfinance sector rebounded in the March quarter from a three-year low in December, managing to finally expand its asset base after 11 successive quarters of intense portfolio contraction…

AU Small Finance Bank files final application for universal banking licence: Vivek Tripathi

Kolkata: has made the final application for in March after the relaxed the requirement to set up a for the transition, executive director Vivek Tripathi said. “Our bank is fully…

Update PF KYC online through UAN portal: Step-by-step guide to prevent claim rejection

The Employees’ Provident Fund Organisation (EPFO) has streamlined and eased the process of updating KYC details and other critical information. This has permitted members to correct key information online through…

NSC interest rate at 7.7% for April–June 2026: Key features, returns and rules explained

Amid ongoing geopolitical uncertainty, with the US-Iran war showing no signs of easing, inflation and interest rate outlooks remain volatile. In such a scenario, fixed deposits may offer relatively lower…

From power bills to food prices: How the heatwave is hitting your wallet

India is seeing an early and intense heatwave this year, with temperatures breaching 45–47°C in several regions and the India Meteorological Department flagging above-normal heat conditions following an El Nio…

HDFC ERGO Optima Secure vs Optima Secure Plus 2026: Features, benefits, premium, coverage and infinite bonus compared

In April 2026, HDFC ERGO launched its premium Optima Secure Plus plan. This signals a well-thought-out strategic pivot for the insurer from the legacy approach towards a competitive, feature-rich model.…

Should you track your mutual fund’s cash levels?

Mumbai: ‘I asked ChatGPT to save ₹5,000 every month for my travel fund’; check personal finance advice from AI

I acted as a single man in Mumbai. I asked ChatGPT to help me save ₹5,000 every month for my travel fund. Here’s how the conversation went. What I asked…

PhonePe crosses 50 million merchants, expands digital payments and financial services footprint across India

platform has crossed 50 million registered on its platform as of April 28, 2026, marking a key milestone in its push to deepen and digitisation across , according to a…

Will you have to pay higher TDS on your FD, RD interest? What the new Income Tax Act says

The Income Tax Department has recently issued a clarification on the application of tax deducted at source () to interest earned from banks. Instead of clearing doubts, it has created…