Finance News

The existing framework allows a maximum of 14 ISINs maturing in a financial year - nine for plain-vanilla debt and five for structured and market-linked debt securities

The Ministry of Finance said UPI users will continue to pay no transaction charges, while a possible MDR could apply only to select merchant transactions above a threshold.

Banking-system liquidity was in a surplus of Rs 3.61 trillion on Thursday, while the weighted average call rate settled at 5.09 per cent, central bank data showed

EPFO has told members that EPF savings do not earn interest indefinitely after retirement. Here's when interest can stop and what retirees should know.

Eligible Sovereign Gold Bond investors can redeem select tranches this August. Check the redemption dates, deadlines and rules

Debt fund managers view the RBI's policy as supportive for bonds, but differ on duration strategy, with some favouring long-duration papers and others preferring shorter maturities.

Governor Sanjay Malhotra says discussions on a merchant discount rate for UPI are premature, stressing the need for sustained investment to strengthen India's digital payments infrastructure.

Governor Sanjay Malhotra says the RBI's revised bulk deposit framework seeks to improve transparency and standardise deposit rate disclosures without making major changes to existing norms.

The proposed Bill doesn't impose MDR yet, but it gives the Centre the power to decide which digital payments remain free

Thin liquidity and institutional orders during the Closing Auction Session continued to widen the gap between the Sensex and Nifty, raising concerns over price discovery

Delhi government launches portal as registrations begin. Check eligibility, documents and how the ~2,500 monthly benefit works

The finance ministry on Saturday said the Centre has released additional instalment of tax devolution to state governments amounting to Rs 1.09 lakh crore, which is in addition to the normal monthly amount. Currently, 41 per cent of taxes collected by the Centre is devolved in 14 instalments among states during a fiscal year. "The Union government has released additional instalment of tax devolution to state governments amounting to Rs 1,09,019 crore on 1st August 2026, which is in addition to the normal monthly devolution to be released on 10th August 2026," the ministry said in a statement.

Finance Commissions have a critical role in fostering the balance between fiscal capacities and needs of the Union and states, and among the states inter se

Fresh term deposit rates rose 16 basis points in June, while lending rates on new rupee loans edged higher and the one-year MCLR increased in July

Industrial lending gathered pace across micro, small, medium and large enterprises as non-food bank credit, services, agriculture and retail loans also recorded stronger growth

Lenders are less likely to provide loans to borrowers who are new to credit, as they prefer to serve their existing customers, a leading credit information company said on Thursday. According to TransUnion CIBIL data, only 13 per cent of overall loans in FY26 were NTC borrowers against 32 per cent in FY17 despite an expansion in the number of credit-eligible people to 89 crore from 79 crore at March 2017. Its chief executive and managing director Bhavesh Jain said private sector lenders are least likely to entertain NTC customers, and the bulk of such borrowers are brought by public sector banks and non-bank lenders. Jain said a particular lender's risk appetite or credit policy would be influencing such decisions of staying away from the NTC category, and stressed that the repayment performance of the NTC category is on par with prime or near-prime borrowers. In some cases, lenders are choosing to give credit not just to existing credit customers, but to borrowers who have a histo

PRIDE-DISHA helps compare NPS fund performance, while Pension Sahayak makes raising and tracking complaints easier

Markets regulator Sebi on Thursday revised the security transmission framework by introducing a new fast-track mechanism for low-value claims and standardising documentation requirements to make the process efficient and investor-friendly. The framework introduces Quick Transmission Processing (QTP) and revises the monetary thresholds under the simplified documentation route. Under the new norms, the markets watchdog said QTP will apply to claims involving securities worth up to Rs 10,000 held in physical mode and Rs 30,000 for demat holdings. It also revised the threshold for transmission through simplified documentation to Rs 10 lakh for physical securities and Rs 30 lakh for demat holdings. In a circular issued on Thursday, Sebi said it has also standardised the documentation and procedures for transmission by removing the mandatory requirement of probate of a will in line with recent amendments to succession laws. It has replaced separate affidavits and no-objection certificat

Certain Central government employees can now choose OPS instead of NPS, subject to eligibility

Climate risks are no longer just an environmental concern. Large investors are now studying whether climate tipping points could trigger sudden losses across financial markets