India’s largest scheme by assets under management, Parag Parikh Flexi Cap Fund, has disclosed its portfolio for August 2026, showing a mix of fresh additions, increased exposure to select holdings…
Category: Banking And Finance
RBI Deputy Governor Rohit Jain flags speed, concentration and opacity as fintech risks; says technology must serve customers
Mumbai: and must not forget that there is a saver, borrower, merchant or family depending on its technologies and that is where the ultimate reponsibility lies. In discussions about algorithms,…
Credit card surcharge: Why do shops charge 2% extra and should you pay?
Many credit card users face a familiar situation when making expensive purchases at shops: the merchant asks them to pay an additional 2% on the total bill for using a…
RBI approves ICICI Prudential AMC’s up to 9.95% stake buy in AU Small Finance Bank
The Reserve Bank of India has approved ’s proposal to acquire an aggregate stake of up to 9.95% in . The approval is for acquiring up to 9.95% of the…
Health insurance playbook: 5 IRDAI rules every policyholder should know for hassle-free claim settlements
For health insurance policyholders, understanding the rules insurers must follow during the claim and grievance process can be extremely useful. These protections become particularly important when cashless approval is delayed,…
NRE vs NRO: Your money may be sitting in the wrong account; what to check; residential status, source of income and more
Moved abroad but still using your old Indian savings account? Your banking arrangements may need an update. The wrong account can lead to avoidable tax deductions, transfer restrictions, and compliance…
Cyber fraud stopped at source: How India’s FRI system saved ₹5,000 crore—and 6 steps to protect your money
What if your money could be saved before a cyber takes place? A government-backed system is working to do just that by identifying potentially risky mobile numbers and helping financial…
Four banks including RBL and Bank of Maharashtra line up overseas fund raise
and (BoM) are among those in the final stages of marketing their dollar bonds abroad. People familiar with the development told ET that the above mentioned lenders are part of…
Advance tax September 15 deadline: Do salaried taxpayers need to pay? Rules, calculation and interest explained
The second instalment of advance tax for the financial year 2026-27 is due on 15 September 2026. For taxpayers who have income from sources beyond , the deadline is important…
EPF advance rules: Withdrawals for education, illness and housing are now easier, says EPFO
The Employees’ Provident Fund Organisation (EPFO), in a recent post on its official X handle, highlighted changes to the rules governing EPF advances. The communication focuses on helping members understand…