Finance

Celebrate and shop safely: NPCI's 5 tips for secure festival payments

With festival sales in full swing, NPCI shares 5 simple tips to keep your digital payments safe and avoid scams while shopping online.

PhonePe, DSP Finance launch loans against mutual funds up to Rs 2 crore

PhonePe has introduced a loans against mutual funds product with DSP Finance, offering secured credit lines up to Rs 2 crore with flexible repayment and portfolio continuity

TReDS platform RXIL crosses ₹2 trn MSME invoice financing milestone

TReDS platform Receivables Exchange of India Ltd (RXIL), a joint venture promoted by SIDBI and NSE, along with State Bank of India, ICICI Bank, and Yes Bank, has crossed the milestone of Rs 2 lakh crore MSME invoice financing. The RXIL TReDS platform has facilitated financing worth Rs 80,500 crore in FY25 alone, with over 44,000 MSMEs registered across 1,600 postal codes. The growth was driven by strong participation from stakeholders and continued support from the government and regulators, RXIL said in a statement. By ensuring direct settlement of MSME invoice payments and expanding reach across geographies, RXIL is fostering financial inclusion and enhancing supply chain finance efficiency for corporates, CPSEs, and PSUs, it said. Regulated by the Reserve Bank of India (RBI), RXIL has enabled MSMEs to access working capital by discounting over 88.5 lakh invoices through a fully-digital, infrastructure-backed platform, driving a surge in MSME registrations, it said. Greater ...

EPFO hasn't issued any new pension form or deadline, clarifies govt

PIB Fact Check confirms EPFO hasn't issued any new pension form or set a June 30 deadline. Pensioners are advised to ignore the fake viral message circulating online

EPFO credits 8.25% interest for FY25: Check if yours is credited yet

EPF subscribers start seeing 8.25% interest for FY25 in passbooks, though there has been no official SMS/email yet. Here's how to check your account and what to know about delays.

Why is registration not enough to prove you own a property?

'Registration provides evidence, but not ownership,' warns SC in a ruling that could impact thousands of Indian homebuyers.

New 'e-Pay Tax' feature eases online tax payments: A step-by-step guide

The Income Tax Department's new 'e-Pay Tax' feature lets you pay taxes online without logging in. Here's a simple step-by-step guide to help you use it with ease

Marine, trade risk insurance likely to face US reciprocal tariff heat

According to industry experts, if the 26 per cent tariffs are imposed on India's goods, it is expected to put pressure on marine and trade risk insurance in the country

Facing marital issue?Women officers can now prioritise children for pension

Women officers in marital disputes given option to ensure children's financial security

Monk loses Rs 2.5 cr in 'digital arrest': How to be safe against scam

Do not accept video calls from unknown or suspicious sources, especially if pressured to continue conversation

PhonePe launches UPI Circle, payment feature that helps the 'unbanked'

'Primary user' of a UPI account can add trusted individuals to their circle by using UPI ID or QR code & authorise payments for them from anywhere

Almost 80% of Indians plan to use rewards points for leisure travel: Report

84% of them say they will support local small businesses while visiting a new destination, according online survey by American Express

Overlapping mutual funds reduce your returns: Here is how to fix risk

Portfolios repeating the same investments can lead to non-representation of certain parts of the market

BoI lowers FD rates, ends 400-day special scheme offering 7.30% interest

Several lenders have revised their fixed deposit plans after central bank cut the repo rate

Odisha hikes DA by 2% for govt staff; check recent raise in other states

Odisha government employees will receive the increased DA as cash benefit along with their April salary

Vishwakarma scheme faces challenges with loan approval rate at just 28%

While a total of 13.93 lakh loan applications were submitted to PSBs, only 3.9 lakh were approved, highlighting a significant gap in the disbursement process

Cancelling a card: What it will do to your credit history, benefits

If a specific card encourages overspending and leads to mounting debt, cancelling it might help you regain control

EPFO members can activate UAN using face scan feature on UMANG app

They have to install UMANG & AadhaarFaceRD apps, enter Aadhaar & mobile number, give consent, and complete live photo capture for verification

Out of reach? Why buying a home in urban India feels financially draining

According to an investment banker, one should ensure that their EMI doesn't exceed 35 per cent of your monthly take-home income

BOB launches Square Drive FD with 7.75% interest, ends Utsav Deposit Scheme

The new FD scheme, named the Square Drive Deposit Scheme, was launched on April 7