Banks across India are open today, June 6, 2026, as it falls on the first Saturday of the month, which is not a bank holiday. The (RBI) has listed a…
Category: Banking And Finance
Bring back export earnings sooner
Mumbai: The has reduced the time limit for realisation of into India to nine months from 15 months as part of broader measures to support and India’s . With this…
IDFC First Bank fraud was isolated case involving collusion: KPMG
Kolkata: A forensic review on showed that the Rs 646-crore fraud on the bank’s Chandigarh branch was an isolated incident arising from collusion involving bank employees, state governments officials and…
Despite earning ₹2.2 lakh monthly, Mumbai couple struggles to save. Reddit explains why
A resident has ignited a discussion on after claiming that he and his partner struggle to save money despite earning a combined monthly income of ₹2.2 lakh. In a post…
ITR filing 2026: Received dividend income or bonus shares? Here’s how they are taxed and reported
Many investors receive benefits from their stock holdings in the form of dividend income or bonus shares. While these may seem like attractive rewards, they come with certain tax implications…
RBI fines Canara Bank for violations related to KYC, inactive accounts
Mumbai: The Reserve Bank on Friday said it has imposed a penalty of Rs 41.8 lakh on for non-compliance with certain provisions, including those related to Know Your Customer norms.…
FII tax exemption on G-Secs explained: What changed, how foreign investors can invest and key details
The government on Friday announced a major tax relief for foreign institutional investors (FIIs) by exempting them from paying taxes on both interest income and capital gains arising from government…
NSC vs tax-saving FD: All you need to know about returns, lock-in periods and tax benefits
Indian investors seeking reliable, fixed returns alongside tax relief frequently turn to two main instruments: (NSC), distributed through post offices, and five-year tax-saver fixed deposits (FDs) offered by commercial banks…
RBI proposes tighter disclosure norms for deposit rates, links bulk deposit pricing to liquidity rules
Mumbai: The Reserve Bank of India (RBI) has proposed stricter disclosure requirements for deposit interest rates and a new framework allowing banks to offer differential rates on bulk deposits based…
How mAadhaar users can switch to the new Aadhaar app: Step-by-step guide
The existing mAadhaar app is set to be retired soon and replaced with a redesigned Aadhaar application that offers enhanced security, stronger authentication methods and greater control over personal data…