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2 mins read
UPI Lite wallet limit and transaction limits for feature phone users increased
The Reserve Bank on Wednesday announced the increase of the UPI Lite wallet limit to ₹5,000 and per…
6 mins read
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
2 mins read
Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe
Increased usage of the internet has also resulted in an increase in online fraud. Scammers are find…
7 mins read
Secured Loans 2.0 — why more and more Indians are turning to gold, shares and mutual funds to get loans
Indians are increasingly turning to secured loans like gold loans and loans against securities (LAS…
2 mins read
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…
ANI
6 mins read
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…
7 mins read
Simply Put: Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance sector faces increasing challenges due to rising defaults, affecting the stabi…
5 mins read
Hackers are stealing tickets from Ticketmaster customers' accounts. For many, the troubled platform is their only option.
Two Ticketmaster customers had tickets transferred out of their accounts by hackers. They got them …
Dan Latu,Palmer Haasch
3 mins read
Data of 31 million Star Health Insurance customers allegedly sold by company's CISO: All you need to know about it
The hacker also accused the company's CISO (Chief Information Security Officer) Amarjeet Khanuja of…
7 mins read
SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it
Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…
7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
1 min read
The Polymarket 'whale' banked $48 million in profits on Trump's election win
The massive gains represent a big swing in profits for the Polymarket bettor, who was sitting on an…
Matthew Fox
1 min read
Link PAN with Aadhaar by May 31 to avoid double TDS deduction: Income Tax Department
The income tax department on Tuesday asked taxpayers to link PAN with Aadhaar by May 31 to avoid ta…
PTI
3 mins read
4 trends to watch this bank earnings season
JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …
Kaja Whitehouse
5 mins read
The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts h…
Christine Ji
5 mins read
Big banks are bracing for losses as Americans struggle to pay off debt
Banks are building cash reserves as more and more Americans struggle to pay off credit card, auto, …
Jacob Zinkula
11 mins read
Meet the executive tasked with Citi's hardest challenge: getting the bank's house in order
Anand Selva made his name in Citi's consumer bank. Now he runs Citi's multibillion-dollar effort to…
Hayley Cuccinello
2 mins read
Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams
What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…
2 mins read
Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey
Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …
PTI
3 mins read
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…