RBI Issues Key Updates on Bank Lockers and Jan Dhan Account Rules
6 Aug 2025 : In the monetary policy meeting held on August 6, 2025, the Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 5.5%. Although there was no change […]
NSDL Shares Surge 15% on Debut, Reaching ₹920 Despite 10% Listing
6 Aug 2025 : Shares of the National Securities Depository Limited (NSDL) on Wednesday listed with a premium of 15 per cent against the issue price of ₹800. The depository’s stock is listed at ₹880 apiece, […]
EPFO Launches New Feature Offering Major Benefits for PF Account Holders
6 Aug 2025: There’s great news for crores of people associated with the Employees’ Provident Fund Organisation (EPFO). Creating and activating a Universal Account Number (UAN) has now become much easier than before. From […]
Gold Extends Gains on U.S. Economic Slowdown Fears and Rate Cut Bets
6 Aug 2025: Gold held its longest streak of gains since February, boosted by fears of a US economic slowdown that have increased haven demand, along with traders’ bets on lower interest rates. Bullion […]
Anil Ambani Probed in ₹17,000 Crore Loan Fraud; ED Summons Him
New Delhi 5 Aug 2025 : Reliance Group Chairman Anil Ambani was questioned by the Enforcement Directorate Tuesday morning on money laundering charges linked to alleged bank loan frauds worth Rs 17,000 crore. The probe agency turned to Mr Ambani […]
IRDAI Imposes ₹5 Crore Fine on Policybazaar for Multiple Compliance Lapses
5 Aug 2025: The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a fine of ₹5 crore on PB Fintech’s online insurance aggregator unit, Policybazaar. The penalty was levied due to violations […]
India Post Introduces UPI-Based Digital Payments Across All Post Offices by August 2025
5 Aug 2025 : Now, there is no need for fingerprint identification or the hassle of OTPs to do banking at the post office. India Post Payments Bank (IPPB) has launched Aadhaar-based face authentication […]
RBI Monetary Policy Meet Begins; Key Interest Rate Decision Due on Wednesday
Mumbai 5 Aug 2025 : The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), chaired by Governor Sanjay Malhotra, began deliberations on Monday for the bi-monthly monetary policy review. The six-member MPC […]
ITR Filing Deadline Extended to September 15, 2025: 10 Mistakes to Avoid
4 Aug 2025 : The government has extended the deadline to file Income Tax Returns (ITR) for 2025 to September 15, instead of the usual July 31. Even though the date has been pushed, […]
₹500 Notes Not Banned; ATMs Will Still Dispense Them, RBI Clarifies
4 Aug 2025 : A message is going viral on WhatsApp and social media, creating confusion and panic among the public. The message claims that the RBI has instructed banks to stop dispensing ₹500 […]