Page 3 - Finance News

RBI draft on INR derivatives may push more banks to expand in GIFT City

RBI's proposal restricting access to rupee NDDCs to banks with IFSC units could deepen lender presence in GIFT City, while offshore ETP rules signal calibrated liberalisation

Draft norms for recovery agents seek higher accountability for banks

The earlier defence that misconduct was the agent's independent act may not work in the future

Health insurance premiums increase over 27% in January on GST boost

Strong retail demand, higher government scheme premiums and GST rationalisation fuelled robust January growth for general and standalone health insurers

Six yards of rising value: Why the saree is a smart style investment

From red-carpet validation to heirloom investment, the six-yard classic is evolving from tradition-bound attire to a global symbol of cultural confidence and conscious spending

RBI mulls allowing banks to trade FX derivatives on offshore ETPs

RBI proposes allowing banks to trade forex derivatives on offshore electronic platforms under tighter safeguards, governance norms and rupee transaction restrictions

All you need to know about RBI's new draft norms to curb misselling

Customers must stay vigilant and avoid falling prey as mis-selling is not easy to prove

RBI notifies amended ECB framework, eases cost and maturity norms

The central bank said the regulations were finalised after examining feedback received from stakeholders on the draft framework released on October 3, 2025

Going OTP-less: Mastercard, Visa rolling out passkeys for card transactions

For the first time in India, an at-scale, OTP-less authentication framework will allow users to complete credit and debit card transactions

Learn about tax rule changes to avoid last-minute confusion during filing

In the tax return forms, more data will come pre-filled, but it should be verified against your own records to avoid mismatches

Govt conducts switch with RBI, moves FY27 maturities to 2040 bond

Centre buys back over Rs 75,500 crore of FY27 securities from RBI and issues 8.30% GS 2040 bond to smoothen redemption profile

What are the best car loan interest rates available today?

Check out a range of car loan interest rates available from banks for a 5 year-period as well as associated EMIs for each

RBI digital payments index rises to 516.76 in Sept 2025 on wider adoption

RBI's Digital Payments Index climbed to 516.76 in September 2025 from 465.33 a year earlier, driven by gains in payment performance and enablers

Nabfid, Hudco and Sidbi raise ₹12,000 crore from debt capital markets

Nabfid, Hudco and Sidbi raise nearly Rs 12,000 crore at tight rates, while Nabard plans a Rs 7,000 crore bond issue next week amid cautious market sentiment

14 states borrow ₹47,620 crore, 11% higher than borrowing calendar

Fourteen states raised ₹47,620 crore at weekly SDL auctions as yields softened marginally and spreads over gilts stayed stable

RBI proposes to raise unsecured loans to 20% of total for urban co-op banks

RBI has proposed raising the unsecured loan cap for urban co-operative banks to 20 per cent of advances, revising norms on unsecured lending and housing loan tenors

RBI proposes deregistration window for NBFCs without public funds

The Reserve Bank of India has proposed exempting certain NBFCs from registration and allowing eligible non-public fund, non-customer-facing entities to seek deregistration within six months

EPFO to appoint new partner agencies, change custodian after 15 years

Retirement fund body EPFO is preparing to empanel new partner agencies and appoint a fresh custodian, as it revamps investment, audit and management arrangements

Amid gold-silver volatility, book partial profits in rallies to cut risks

Instead of chasing high prices, new investors must enter through systematic investment plans with a horizon of five years

What are the best term insurance premium rates for young professionals?

Here is a selected list of the best term insurance rates from various insurers for young male professionals living in a large city

Pashmina's resurgence: How heritage craft meets conscious luxury demand

From ceremonial gifting to informed ownership, pashmina shawls are being rediscovered as a conscious luxury choice rooted in heritage, sustainability and emotional value