Fixed Deposit
Bank restricted access to matured fixed deposits worth Rs 13.8 lakh, allowed customer to withdraw only Rs 50,000, ordered to pay Rs 14.15 lakh
A district consumer commission in Thiruvananthapuram has ordered a cooperative bank to pay a widow over Rs 14.15 lakh after it blocked her access to four matured fixed deposits worth more than Rs 13.8 lakh. The bank had allowed her to withdraw only Rs 50,000 from her own savings account, citing an internal enquiry and restrictions placed by cooperative authorities. The commission ordered the bank to pay her Rs 14.15 lakh
Bajaj Finance raises FD interest rates by up to 40 bps: Regular fixed depositors can get up to 7.75% rate; senior citizens can earn up to 8.15%
FD interest rate: Bajaj Finance has increased its fixed deposit rates effective October 7, 2026. Regular depositors can achieve up to 7.75% interest for tenures of 31 to 60 months. Senior citizens will enjoy a further increase of 0.40%, allowing for a top rate of 8.15%. Renewal rates will also rise, offering 7.85% for regular depositors and 8.25% for seniors, encouraging secure and fruitful long-term saving strategies.
Shriram Finance increases FD interest rates up to 7.85%: Check new rates on 1, 2, 3and 5-year fixed deposits
Starting October 11, 2026, Shriram Finance Limited is set to increase interest rates on fixed deposits, enhancing returns for all depositors regardless of tenure. Senior citizens and women will benefit from even higher rates, and those renewing matured deposits can expect additional interest perks. Investors should carefully review the terms and conditions prior to making investments in fixed deposits.
NRE vs NRO FD TDS rules: Tax rate for NRIs, PAN rules, DTAA benefit and repatriation limit
When it comes to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) fixed deposits, understanding their distinct tax implications is crucial. NRE deposits provide tax-free interest earnings in India, making them advantageous for NRIs. On the other hand, interest from NRO fixed deposits incurs TDS.
FD rate hike calculator: Check extra maturity you can get on Rs 1 lakh-Rs 10 lakh deposits
The Reserve Bank of India has increased the repo rate from 5.25% to 5.50% during its recent meeting. This hike is expected to encourage banks to raise their fixed deposit interest rates soon. Customers could earn considerably more on their fixed deposits with even small increases in interest rates. Detailed calculations show potential increases in maturity amounts for varying deposit sizes.
Highest senior citizen FD interest rates after RBI repo rate hike: Public vs private vs small finance bank rates of 3 and 5-year fixed deposits
The Reserve Bank of India raised the repo rate to 5.50% in its recent Monetary Policy Committee meeting. Subsequently, banks are likely to adjust their fixed deposit interest rates for both new and existing customers. P
SBI FD calculator: What Rs 1 lakh investment in fixed deposit can give you in 1, 3, 5 and 10 years?
SBI FD interest rate: Investors frequently look to calculate the maturity amounts for their fixed deposit investments with the State Bank of India. Factors such as tenure and current interest rates play significant roles in these calculations.
My NRI status changed. Will interest earned on my NRE FDs be taxable in India?
ET Wealth reader's query: I was an NRI until FY2024–25. After relocating to India, my residential status changed to ‘resident’ from FY2025–26. While I was an NRI, I invested in fixed deposits through my NRE account, and these deposits are due to mature in FY27. Will the interest earned on these NRE fixed deposits be taxable in India?
Can banks raise FD interest rates now as RBI increases repo rate by 25 bps?
RBI MPC October 2026: The Reserve Bank of India has increased the repo rate by 25 bps from 5.25% to 5.50%, signaling a shift. Following this decision, banks are expected to raise fixed deposit interest rates in the near future. Retail inflation has been rising, indicating that further hikes may be necessary to control it. The competition from small savings schemes and government securities contributes to this pressure on banks.
Soon, FD details will be part of your CAS statement; Here’s how it helps you
Soon you will get to see your fixed deposit (FD) details in CAS statements. CAS stands for consolidated account statements and it is usually sent by NSDL, CDSL, Karvy or CAMS. This CAS statement at present shows your demat and non-demat holdings including mutual funds, bonds, listed shares.
FD interest rate hike coming? With rising inflation, many experts expect RBI to hike interest rate
Many financial analysts expect the Reserve Bank of India to increase the repo rate by 25 basis points. This forecast is driven by persistent inflation, soaring crude oil prices, and a depreciating rupee. Should the RBI implement this hike, it could lead to higher fixed deposit returns for investors. Meanwhile, public sector banks continue to offer lower rates, struggling against fierce competition from government securities and small savings schemes.
Rs 7 lakh investment in SCSS vs SBI senior citizen FD: How much quarterly amount can senior citizens get for 5 years in each scheme?
Senior citizens often invest in Senior Citizens’ Savings Scheme and SBI fixed deposits for income. SCSS offers an 8.2% interest per annum with quarterly payouts, beneficial for regular cash flow. In contrast, SBI's senior citizen fixed deposit provides a lower rate of 7.05% with less frequent interest payouts. An investment of Rs 7 lakh in SCSS yields higher returns compared to the SBI fixed deposit.
FD-backed SBI credit card: Advantage SBI Card launched; who can benefit from it?
SBI Card has introduced the Advantage SBI Card through the SBI YONO app, making it simpler than ever for customers to apply. This innovative offering features four variants of secured credit cards linked to fixed deposits. With a fully paperless application process, it's designed to enhance accessibility, particularly for those with limited credit histories seeking a means to build financial profiles.
RBI may hike interest rate further in December policy: Experts
The Reserve Bank of India has shifted its policy stance to calibrated tightening amid rising inflation concerns. A rate hike of up to 50 basis points is anticipated in December, increasing the current benchmark rate. Various economists emphasize the likelihood of cumulative rate increases over the next months. Rising commodity prices and global market volatility are influencing these monetary policy decisions.
FD rate up to 8.3% for senior citizens investing for three years; know the list of banks
For senior citizens aged 60 and above, numerous banks are offering fixed deposit interest rates as high as 8.5%. Jana Small Finance Bank has an attractive 8.3% rate for three-year terms, while Utkarsh Small Finance Bank offers 8%. To avoid TDS, seniors should submit Form 15H if their annual income stays beneath the taxable limit, with TDS applied if FD interest exceeds Rs 1 lakh.
FD rates up to 8.50% for senior citizens on 5-year deposits; Check the list of banks
FD interest rate for senior citizents: Senior citizens can take advantage of attractive fixed deposit interest rates from various banking institutions. For instance, Suryoday Small Finance Bank shines by offering an impressive 8.50% on five-year fixed deposits, while DCB Bank provides a commendable 8%.
Nifty SIP return fails to beat even bank FD over 5 years: Is this the warning sign investors can’t ignore?
New insights reveal that systematic investment plans in the Nifty50 have consistently underperformed, presenting a five-year XIRR of merely 4.5%. This result places Nifty50 below the returns of traditional fixed deposits. In contrast, midcap and smallcap indices have shown impressive gains. Analysts recommend a strategy focusing on individual stock selection and earnings growth rather than relying solely on index performance, prompting a reassessment of index-based investment approaches.
5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and more
In October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Reserve Bank of India will introduce new disclosure protocols regarding bulk fixed deposits, and UPI transaction fees will be revised for amounts exceeding Rs 2,000 starting October 15.
Wife admitted husband to a mental health centre after divorce dispute, he spent 42 days there; Uttarakhand High Court ordered him to be released
A man was admitted to a Dehradun wellness facility by his wife amid their ongoing divorce dispute. After spending 42 days there, he approached the Uttarakhand High Court through a habeas corpus petition. The court found that the facility could not produce the medical certification required under the Mental Healthcare Act and ordered his immediate release.
Personal loan growth rises to 16.9% in August: RBI
Bank credit growth strengthened across major sectors in August, with personal loans rising 16.9% year-on-year to ₹72.9 lakh crore, up from 11.9% a year earlier, RBI data showed.
FD interest rate rules to change from October 1, 2026: Uniform interest rates on bulk deposits, daily rate updates and more that depositors need to know
Effective from October 1, 2026, the Reserve Bank of India will implement new rules concerning bulk fixed deposits. Every bank will be mandated to reveal their daily bulk deposit interest rates at 10 am. This regulation aims to ensure that interest rates for identical bulk deposits remain the same in all branches.
SBI seeks clarity on handling of bank accounts, deposits under FCRA bill
State Bank of India officials are seeking clarity on handling accounts when an organization’s registration is suspended. They highlighted risks for smaller entities that may lose access to funds upon missing renewal deadlines. The JPC is examining the implications of the FCRA Amendment Bill, focusing on accountability and regulations for banking procedures.
Class 9 students to learn income tax and personal finance under new NCERT curriculum
NCERT has introduced personal income tax in the Class 9 curriculum to enhance financial literacy among students. The textbook highlights the importance of paying taxes honestly and on time as a civic duty. Students will learn to calculate their tax liability using the new tax regime's slab system. Additionally, the chapter covers personal finance principles, including budgeting, saving, and protecting against risks.
ET Alpha Wealth Summit 2.0: Equities aren’t enough? Praveena Rai makes a case for commodities
In India, commodities are steadily gaining traction as a crucial component of investment strategies. As investors diversify beyond conventional assets, they are discovering opportunities in gold, copper, and energy markets. Innovative financial products make it easy to engage in these commodities without the need for physical possession. Success demands a strong grasp of specific commodities and diligence in choosing regulated trading platforms.
Credit card dues, consumer durable loans slow as gold loans surge; RBI data shows shift to secured borrowing
Indian households are increasingly opting for secured loans, particularly against gold, which surged significantly. Credit card dues and consumer durable loans have shown minimal growth, reflecting a shift in borrowing behavior. Personal loans continue to grow, contributing substantially to overall bank credit, which rose markedly. Loans against gold jewellery increased substantially in percentage terms, likely aided by a favorable base effect.
ED attaches fresh assets worth Rs 442 cr in probe against online gaming company Gameskraft
The Enforcement Directorate has attached assets valued at Rs 442 crore linked to Gameskraft Technologies. This action is part of an ongoing money laundering investigation against the online gaming company. The seized properties include fixed deposits, commercial shops, and residential properties belonging to related entities. The agency claims Gameskraft's platforms caused significant user losses by employing automated programs without consent.
Rs 4 crore portfolio with ULIPs and multiple mutual funds. Should you simplify and consolidate your investments?
Effectively managing a Rs 4 crore investment portfolio requires streamlining and consolidation for optimal financial performance. With multiple mutual funds, ULIPs, and real estate elements, complexity can arise. Financial advisor Shivam Pathak recommends assessing ULIPs and potentially separating insurance from investments. He also advocates for consolidating mutual funds to minimize redundancy and improve clarity, ultimately aiming to align the portfolio more closely with long-term financial aspirations.
Farmer’s son from a remote Madhya Pradesh village cracked IIT Bombay, earned a dual degree, now has Rs 10,000 crore net worth and runs Bengaluru-based Groww
Lalit Keshre, co-founder and CEO of Bengaluru-based Groww, was raised in a farming family in Lepa, Madhya Pradesh and studied in the only English-medium school in his district before cracking IIT Bombay. He earned a dual degree in Electrical Engineering in 2004 and later worked at Flipkart before founding Groww in 2016. Today, Groww offers multiple financial products, while Forbes puts Keshre’s net worth at $1.1 billion.
ET Alpha Wealth Summit 2.0: SIFs are Shahrukh Khan in portfolio says Radhika Gupta, Edelweiss Mutual Fund
Edelweiss Mutual Fund MD Radhika Gupta says Specialised Investment Funds are gaining traction, offering flexible strategies beyond traditional mutual funds. With SIF assets reaching Rs 38,000 crore, she urges investors to focus on strategy, risks, taxation and portfolio purpose before investing.
‘The biggest psychological comfort zone’: CA on why your FD may be quietly hurting your wealth
CA Nitin Kaushik explains why Fixed Deposits, despite offering guaranteed returns, may not always build long-term wealth. He compares Rs 1.2 lakh invested in a 10-year FD at 7% with the same amount invested in a Nifty 50 Index Fund, estimating around Rs 2.4 lakh versus Rs 3.72 lakh. Kaushik says FDs suit capital preservation, emergencies and short-term goals, while long-term wealth requires considering growth and purchasing power.
The millennial midlife crisis: It is Zindagi Na Milegi Dobara minus Spain, minus skydiving and minus, frankly, the men
Millennials are experiencing a midlife crisis defined less by one dramatic event and more by several anxieties arriving at once: ageing bodies, marriage and dating pressures, career uncertainty, money worries, climate change and constant exposure to global crises.
ED attaches assets worth Rs 442 crore in RummyCulture money laundering case
The Bengaluru Zonal Office issued the provisional attachment order on September 25 under the Prevention of Money Laundering Act (PMLA), 2002. The attached assets include fixed deposits, commercial shops, a villa and residential properties held in the names of family members, private family trusts and entities associated with shareholders of Gameskraft Technologies, the ED said in a news release.
Fed rate hikes: What happens to gold prices when US interest rates rise?
Cutting through money jargon, one topic at a time. This week Abhinav Kaul explains why US interest-rate hikes can affect gold prices, and what it means for Indian investors.
5 stocks with consistent score improvement and upside potential of up to 30% in 1 year, according to analysts
Keep a close watch on updates from FMCG companies, the cement sector, from real estate companies, especially about the commercial segment of those focused on South India. What they say will provide an idea of how things are panning out on the ground.
These 8 banking stocks have an upside potential of up to 29% in 1 year, according to analysts
For the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions among small finance banks. But the question now is: Will the situation remain the same given that there are many emerging challenges?
NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax notice
Parents receiving money from their NRI children in India may enjoy tax exemptions on gifts, but large transactions can attract scrutiny from the Income-tax Department. Understanding when these transfers could prompt questions and how to document them properly is crucial for avoiding potential tax liabilities or notices. Learn about the necessary safeguards and responses to inquiries.
Premium travel cards are changing as banks tie perks to broader customer relationships; here’s what you need to know
A bank can afford to give an affluent customer a highly rewarding credit card if that card helps persuade the customer to consolidate assets with the lender. The other advantage is that a credit card is one of the most visible products a bank gives a customer. Every transaction reinforces the relationship with the bank.
Up to 7.50% interest rate on 555-day FD: Check highest rates for general and senior citizens
FD interest rates: Many banks are currently promoting compelling interest rates for 555-day fixed deposits. While general depositors can enjoy rates of up to 7.25%, senior citizens benefit even more, with rates peaking at 7.50% for the same duration. Notably, City Union Bank and Karnataka Bank offer competitive options. It's advisable for depositors to check the latest rates before making any decisions on fixed deposits.
Can you save tax by gifting money to your HUF? How Section 99 changes the tax equation
Money or property gifted by a member to an HUF may not be taxable in the HUF’s hands because of the “relative” exemption. But the tax consequence for income generated from such property is different. This article explains why transferring self-acquired assets to an HUF does not provide the intended tax-saving benefit.
SBI seeks clarity on bank accounts under proposed FCRA rules
State Bank of India presented to the Joint Parliamentary Committee regarding the Foreign Contribution (Regulation) Amendment Bill. Officials raised concerns about gaps in foreign donation handling when registration lapses occur. They suggested that clear banking procedures be established for affected organizations. The bill proposed transferring compliance responsibilities to a government-designated authority in certain cases. Opposition parties criticized the bill for potentially disadvantaging minority groups and impacting foreign funding for NGOs.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 20%
In times like these, the market will have its green and red days. What matters, however, is not the colour of a single day, but the things underneath it: The central bank, the fund flows, and, above all, corporate earnings. Watch those, stay patient, and forget the daily noise.
Mother nominated son in her savings bank a/c, but both died, father faced long delay in getting funds; Consumer Commission orders Rs 10,000 compensation
Ernakulam, Kerala: Husband faced challenges and long delay in accessing late wife’s savings bank account as nominee died; Consumer commission orders bank to pay Rs 10,000 compensation for delay
Has government increased SSY, PPF, NSC, other small savings schemes' interest rates for October-December 2026 quarter?
The Ministry of Finance has announced that the interest rates for small savings schemes will remain steady for the next quarter. This decision comes after two years of rate stability since December 2024. The review took into account inflation and bond yields, which hinted at possible rate increases. However, the government opted to keep things as they are, potentially revisiting the rates depending on future economic shifts and inflation trends.
Will interest rates of PPF, SCSS and other small savings schemes go up on September 30 in next quarterly review due to high inflation?
On September 30, 2026, the Finance Ministry will evaluate interest rates for small savings schemes. With high inflation and increasing G-Sec bond yields, many are speculating about potential rate hikes. Currently, various schemes offer competitive returns exceeding 7%. Despite indicators suggesting adjustments, the government has kept rates steady for several quarters. The upcoming review will clarify the government's stance on these interest rates.
5 stocks with consistent score improvement and upside potential of up to 33% in 1 year, according to analysts
In its latest downturn phase, the market has been falling for close to a month-and-a-half, with only the occasional bounce. In a stretch like this, you may get a sharp upmove caused by short covering, where traders who had bet on a fall buy back to close their positions, pushing prices up for a while. Do not mistake such a bounce for an end to the current troubles.
Gujarat's Kutch Kadva Patidar Samaj offers Rs 50,000 FD to parents for having a third child amid population concerns
Kutch Kadva Patidar Samaj has initiated a scheme to encourage families to have a third child. Parents who have a third child will receive Rs 50,000 as a fixed deposit. Community leaders are concerned that younger couples are choosing to have fewer children or remain childless. They believe this initiative will help address the declining population within their community.
Will fixed deposit interest rates go up in October as inflation rises?
Recent data reveals a rise in Consumer Price Index inflation, now at 4.8 percent, spurring predictions of possible interest rate hikes by the Reserve Bank of India. This inflation surge is pressuring banks to elevate fixed deposit interest rates amidst fierce competition from government securities and appealing returns from small savings schemes. Future adjustments in fixed deposit rates will largely hinge on ongoing inflation trends and RBI policies.
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts
Given the current market situation, no sector is immune from headwinds. The banking sector is no exception. There are clear short-term headwinds, but the question an investor should ask is: Are these headwinds likely to hit the core business of banks and create some issue that may take a long time to settle?
These large-, mid- & small-cap stocks can give more than 20% return in 1 year, according to analysts
Oil prices are still up, and so are bond yields, both in the US and in other major markets. And fresh troubles seem to crop up somewhere or the other in the world. That is the reality, and there is no use pretending otherwise. The fact remains that we are living in a world where there is a readjustment taking place. And that is always painful.
SBI debits Rs 19.9 lakh for late spouse’s loan, freezes salary account despite not part of the debt; High Court orders it to pay widow Rs 20.9 lakh
Allahabad High Court has ordered SBI to refund Rs 19.9 lakh after the bank used a widow’s fixed deposit to recover her late husband’s personal loan. The court also awarded Rs 1 lakh compensation, after finding that the woman was not a party to the loan and SBI had no legal basis to directly debit her account.
The most uncertain sector also pays the most to wait. Watchlist for patient investors: 5 stocks with upside potential of up to 25%
There are some interesting contrarian bets in the market. But going contrarian, or buying what everyone else is running away from, is not to be done casually. Done wrong, it is just recklessness. It becomes a sensible move only when there is a solid, logical reason behind it. So, the real question is not whether some companies are beaten down. The question is whether there is a good reason to buy them anyway.
These 7 private and public banking stocks have an upside of up to 27% in one year, according to analysts
If oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure because their business will be impacted. But even before the real business is impacted, it is likely that they will see selling pressure because of their FPI-heavy ownership structure. So, clouds of uncertainty hang over the sector’s stocks. But don't confuse the stocks with the business.
FD rate up to 8.5% for senior citizens investing for five years; know the list of banks
Select small finance banks offer senior citizens fixed deposit rates up to 8.5 percent. Suryoday Small Finance Bank provides 8.5 percent interest on five-year fixed deposits for seniors. Jana Small Finance Bank offers 8 percent interest on similar fixed deposit terms. Banks deduct TDS on FD interest exceeding one lakh rupees for senior citizens. Senior citizens can submit Form 15H to avoid TDS if their tax liability is zero.
SC asks CJ of Gujarat HC to register case to identify victims of 2022 industrial accident at pesticide plant
The Supreme Court has directed the Gujarat High Court to register a suo motu case. This action aims to identify victims of a 2022 industrial accident at Bharat Rasayan Ltd. Compensation funds are currently held by the apex court registry for disbursement. The National Green Tribunal previously imposed environmental compensation on the PSU. This amount is designated for restoration measures around the affected plant.
FCRA registered NGOs down by half in last 10 years; contribution rises from Rs 17832 cr to Rs 22974 cr
Active FCRA registered NGOs have halved in the last decade. Foreign contributions received by these organizations have significantly increased. Christian associations received nearly three-fourth of the total foreign funds. The Ministry of Home Affairs shared these details with a parliamentary committee. This information was conveyed during a meeting discussing FCRA amendments.
Paisabazaar expands wealth push as it diversifies beyond unsecured credit
The PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around two-thirds of its revenue from unsecured credit and a third from secured products. It is now looking to build a wealth business, comprising mutual funds, bonds and deposits, as another revenue stream.
These large-cap stocks have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 29%, according to analysts
After crude oil prices, the one thing that provides a boost to the bears is the tariffs that US President Trump keeps announcing. Now, there is no way of knowing what will happen in terms of the latest 100% tariff announced around Russian oil imports. Even the person who has signed off on the tariff perhaps does not quite know what he did and why he did it. The market can only hope that nothing truly disruptive to the global economy is actually implemented.
Mutual funds have live NAVs. Is checking them too often hurting investors? Radhika Gupta explains
Radhika Gupta, Edelweiss Mutual Fund CEO, cautions investors against checking mutual fund NAVs and stock prices too frequently. Constant access to live data can amplify perceived volatility and shorten investment horizons. She advises evaluating investments according to their intended time frame, particularly long-term equity funds, rather than reacting to daily market movements.
Equity market correction nears 2 years: What history tells investors and what should they do - hold, buy or exit
Indian stock markets have languished with nearly two years of stagnant returns since late 2024. This lengthy phase of sideways trading serves as a necessary time correction rather than merely a decline in prices. Historical trends indicate that similar corrections have often extended much longer and deeper. Investors should exercise patience, persist with their SIP strategies, and recognize that moderating valuations and recovering earnings may herald promising future opportunities.
IIT-Delhi engineer, bank manager arrested by Mumbai Police for duping Rs 1.12 crore from a 68-year-old in a digital arrest scam
An IIT Delhi graduate and a private bank operations manager are among six people arrested in connection with a Rs 1.12 crore digital arrest scam targeting a 68-year-old retired professional in Dahisar. Police traced the money through a gold trading firm's account and alleged that the accused helped arrange mule accounts, SIM cards, OTP-enabled handsets and fund withdrawals.
The market is confusing and nothing in it is cheap. One ratio may help: 5 stocks with an upside potential of up to 22%
In today’s market situation, consider confusion and uncertainty as givens. The market's direction is genuinely hard to call, and nothing is on sale. Neither of those is going to change just because you want it to.
Will this EPF insurance limit rise to Rs 10.50 lakh after EPF wage ceiling hike to Rs 25,000?
The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linked Insurance coverage amount. Nominees could receive a maximum assured sum of Rs 10.50 lakh or more. The revised ceiling aligns social security thresholds with current wage levels. Employers should await formal notification for detailed implementation provisions.
Motilal Oswal deploys Zoho platform across 10,000 users and 15 business verticals
Motilal Oswal Financial Services has deployed Zoho's unified enterprise platform across its operations. This initiative aims to unify customer data and streamline sales and service functions. The platform consolidates information from disparate systems, creating a single customer view. Relationship managers now access daily-refreshed data for improved client interactions.
3BHKs emerge as top choice for Indian homebuyers, Rs 90 lakh-Rs 1.5 crore the preferred budget
Indian homebuyers increasingly prefer larger three-bedroom homes, with nearly half of respondents opting for this configuration. The Rs 90 lakh to Rs 1.5 crore budget bracket is the most preferred price segment. Rising housing prices are a concern, yet most buyers intend to proceed with purchases. End-users drive demand for larger homes, viewing them as long-term lifestyle value.
Rs 2.42 lakh FD investment and Rs 1.06 lakh cash deposits, no ITR filed, got income tax notice; senior citizen wins case in ITAT Jaipur after 9-year fight
No ITR filed, yet Rs 2.42 lakh FD investment, Rs 1.06 lakh cash deposits triggers tax notice for senior citizen; she wins case in ITAT Jaipur after 9 years fight. Know how Mrs Devi won the case in ITAT Jaipur.
These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analysts
The way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volatility in the global markets is high. Given that the Indian economy and oil prices have a strong correlation, it might be better to think twice before acting in the stock market. And remember this: Don't take any statement by anyone, whether the US president or the CEO of an AI company, as gospel truth. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR+ Reports is a complimentary offering to ETPrime members.
Homebuyers remain bullish on real estate despite rising prices; premium homes, new launches gain traction: Anarock survey
Anarock’s H1 2026 survey shows homebuyers remain committed to residential property despite rising prices, with growing preference for larger homes, premium housing, new launches and established developers, while resale and rental potential are gaining importance.
'Don't keep your money in...': Before you turn 30, Bengaluru CA says you should know these 5 money rules
Bengaluru CA Meenal Goel shared five money rules she wishes she knew at 25. She advised checking EPF contributions regularly, adding nominees across financial accounts, spreading deposits instead of keeping all money in one bank, getting term and health insurance while young and healthy, and understanding salary slips, including Basic, CTC, PF, gratuity and deductions.
Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underserved
At GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no credit history. The products build on UPI-era behaviour to tap into formal credit, aiming to bring rewards, flexibility and credit-history building to Gen Z, homemakers, freelancers and semi-urban India.
UPI MDR explained; AI leaders split on slowing down
UPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
Bank strike halts work at 7,000 branches in MP, affects business worth Rs 5,500 crore: Association
Bank operations halted across Madhya Pradesh due to a nationwide strike. Approximately 7,000 branches were affected, impacting daily business worth Rs 5,500 crore. Employees demanded a five-day work week and improved pension benefits. Other demands included uniform dearness allowance and NPS option. This strike disrupted cash, cheque, and treasury-related financial activities.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
As an investor, what you need to do at this point of time is this: A bit of extra work in terms of stock-picking so that you avoid anxiety during future corrective phases in the market. And there should not be any doubt that, given the current geopolitical conditions, there will be many more corrective phases.
Voice AI startup Arrowhead eyes fresh funding to accelerate international expansion
Arrowhead is betting on BFSI-led international expansion as it scales voice agents across lending, insurance, collections and customer service.
RBI system liquidity surplus at record high: What it means for loans, FDs and investments
A record Rs.10 trillion-plus surplus is lowering borrowing costs, but complicating RBI’s inflation fight.
Indian Bank launches AI-TARA voice banking, Smart Wealth and IND Cash Optima at Global Fintech Fest 2026
Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in ten languages. Smart Wealth provides a consolidated view of customer finances and spending analytics. IND Cash Optima digitizes cash management for corporate clients. These innovations aim to enhance customer experience and accessibility for all.
JPMorgan unit, Mansi Share gets nod to trade, but can’t participate in CAS
Sebi has removed trading restrictions on Copthall Mauritius Investment and Mansi Share after they deposited questionable gains with the regulator last month. This decision aligns with Sebi's directive to block certain funds from their accounts. Nevertheless, they will still face limitations when participating in the closing auction session, as investigations into claims of market manipulation persist.
5 stocks with consistent score improvement and upside potential of up to 25% in 1 year, according to analysts
If you are looking to deploy money in the market, make sure it is not money you need in the short term. Also, be clear that when you invest in equity as an asset class, it is for the long term and not with the expectation that the money will give returns by the next quarter. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 22%, according to analysts
Rising crude-oil prices are an obvious concern. But domestic factors like FPI selling, market repricing in select sectors, and the impact of supply chain disruption on margins may also be beginning to impact sentiment. But there is another thing that needs to be watched carefully: Will the world see some unwinding of AI-related trades? If yes, what does it mean for the Indian market?
Senior citizen FD interest rates of up to 8.50%: Top 5 fixed deposit rates from PSU, private and small finance banks
Highest senior citizen FD interest rates: Small finance banks offer senior citizens the highest fixed deposit rates currently. Equitas, ESAF, and Suryoday Small Finance Banks provide 8.50% interest. Public sector banks like Bank of India offer competitive rates on specific tenures.
PhonePe's Sameer Nigam unveils vision for next decade of financial inclusion at GFF 2026
PhonePe has shared its ambitious ten-year strategy aimed at transforming India's digital landscape and promoting financial inclusion. By eliminating obstacles like the necessity for smartphones or bank accounts, the company plans to facilitate broader access to digital finance. With innovative solutions like UPI 123Pay and UPI Circle, PhonePe is also making wealth building simpler through daily savings and investment choices, while enhancing credit availability and equipping merchants with advanced tools.
₹2.5 lakh salary but 84% vanishes before month starts: 29-year-old married Bengaluru professional shares what looks like a story of every third corporate worker
Despite a monthly income of ₹2.5 lakh, a Bengaluru professional finds himself under financial pressure due to hefty EMIs and credit card payments. His prior spending on renovations and a wedding has accumulated significant debt. Financial advisors propose establishing boundaries to manage his finances more effectively. In search of relief, he aims to secure a higher-paying job to improve his cash flow.
Rs 2.5 crore retirement corpus: Can you get Rs 2 lakh monthly income for 25 years?
Strategic planning of retirement withdrawals from a Rs 2.5 crore fund is essential for financial security. Adopting a conservative withdrawal rate that is lower than the annual returns can help sustain the corpus. By gradually increasing withdrawals based on a fixed percentage, retirees can plan for better financial longevity. Moreover, beginning with lower withdrawals and scaling them up annually contributes positively to corpus preservation.
Puri Jagannath Temple has nearly Rs 2,000 crore bank deposits, owns nearly 61,000 acres of land across 24 districts in Odisha and 6 other states
Puri Jagannath Temple has bank deposits of around Rs 1,911.80 crore and owns 60,821 acres of land across India, according to the Shree Jagannath Temple Administration. The temple also holds gold, diamond and other valuables in its Ratna Bhandar. An inventory count is currently underway after 48 years.
“Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decade
At Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial rails and unveiled a second act tied to a single question: whose progress still remains outside the frame?
These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analysts
At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expecting too much. But the fact is that rationality finally prevails. And it has to do with earnings and fundamentals and macro-economic order. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components ,earnings, fundamentals, relative valuation, risk, and price momentum, to generate standardised scores. SR Plus Reports is a complimentary offering to ETPrime members.
How to get Rs 3 lakh/month from my Rs 2 crore EPF corpus?
ET Wealth Reader's Query: I retired at 53 and have Rs 2 crore in my EPF account. I understand that I can continue to earn interest on the balance for up to three years even without fresh contributions. What are the tax rules for this? My monthly expenses are Rs 3 lakh. I want to optimise returns and get steady income.
Rs 1.09 crore remittance sent home by an Indian working in Kuwait, but he didn't file ITR, received income tax notice; gets relief in ITAT Ahmedabad
Indian man working in Kuwait oilfields, got his salary in National Bank of Kuwait, remitted Rs 1.09 crore back to family in India, files no ITR, got an unexplained money tax notice u/s 69; he partially wins case in ITAT Ahmedabad
These large- and mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos have upside potential of up to 28%, according to analysts
With each passing day, things are getting more complicated in the Gulf region – as well as in the market. When will things get sorted out? No one knows, and anyone claiming otherwise is indulging in guesswork. So, be ready to see a decline in the value of the stocks you hold or buy for some time at least, if not more. And the chances are that volatility will continue in most emerging markets, including India, even if the war ends tomorrow.
Bajaj Finance acquires 5% stake in TrueFan AI as part of Finserv Intelligence
Bajaj Finance has completed a five percent equity investment in TrueFan AI, a move that aligns with Bajaj Finserv's commitment to fostering applied research and driving innovation. This investment will focus on tech startups that demonstrate significant scalability. TrueFan's platform is already being utilized for enhancing customer engagement, with the goal of expanding efforts in personalized marketing and AI-enhanced communication.
This 58-year-old invests Rs 50,000 in 8 mutual funds. Expert flags portfolio imbalance, suggests rejig
A financial expert examined the mutual fund portfolio of a 58-year-old investor and detected several imbalances. With a concentration in mid and small-cap funds, the portfolio needs careful adjustments. As retirement nears, prioritizing asset allocation and liquidity becomes vital. The expert recommends restructuring the portfolio to mitigate risks and enhance diversification, ultimately supporting the investor's long-term financial aspirations.
