Page 2 - Finance News

Emirates allows free date changes on Dubai flights; refund charges lowered

Emirates passengers flying to Dubai can change travel dates without a fee, while refund charges have also been reduced on eligible fares

No India trip needed: 4 ways NRI pensioners can submit life certificate

Pensioners living abroad can avoid travelling to India for annual life certificate submission through digital, bank, embassy and authorised agent routes.

PF fraud alert: EPFO warns of fake links targeting your UAN, money

Fake websites and phishing links can expose your UAN, Aadhaar and bank details. Here's what members need to know

Sebi proposes raising annual ISIN limit for private debt securities to 17

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

Govt clarifies UPI to remain free; MDR may apply to large merchants later

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.

RBI aims to absorb ₹2 trillion through seven-day VRRR auction on Monday

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

Retired with EPF savings? Know when your money may stop earning interest

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.

SGB premature redemption in August: These investors can exit early

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

MPC announcements: RBI's stance may boost bond market, says fund managers

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.

Talks on UPI MDR structure still premature, says RBI Governor Malhotra

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.

RBI says bulk deposit norms aim to improve transparency, standardisation

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.

Could UPI payments become chargeable? Here's what the new Bill says

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

Closing auction sparks divergence in benchmark indices for second day

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 Lakshmi Yojana registrations begin: Eligibility, documents, key rules

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

Centre releases additional tax devolution of ₹1.09 trillion to states

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.

Policy pillars: Finance Commissions, tax devolution and fiscal balance

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

Banks raise fresh deposit rates in June; lending rates edge up: RBI

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 credit growth triples to 19.2% in June on broad-based rise

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 less likely to extend credit to new borrower now than a decade back

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

NPS gets two new PFRDA tools for fund comparison, complaints: How to use

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