Banking

The credit rating agency attributed the rise in credit card spend to bank-led festive offers; however, pinned the decline in the slowdown of new additional cards due to focus on higher-quality customers.

Maximize Returns: 7 Small Finance Banks with attractive FD rates

Small finance banks offer higher FD interest rates (7.1-7.65%) than larger banks (6.45%), with DICGC insurance cover up to Rs 5 lakh, but may carry higher credit risk.

New Aadhaar app Launched: Securely store and share your digital ID

The new Aadhaar app by UIDAI securely stores and shares Aadhaar cards digitally, offering a paperless experience, biometric lock, and easy sharing of verifiable credentials and QR codes.

Payment Problems? Here's what to do when UPI and credit card transactions fail

Digital payment failures: Check account, wait for reversal, file complaint if needed. Verify details, monitor limits, keep records to prevent and resolve issues.

Best FD Rates: Top banks offering up to 6.65% interest on 3-year deposits

IndusInd Bank offers 6.65% interest on 3-year FDs, followed by Axis and ICICI Bank at 6.6%.

K V Kamath says India’s right to wait as AI hype plays out; backs strong valuations, buoyant IPO market, bank reforms

Speaking at the Global Leadership Summit, K.V. Kamath said that while the world is witnessing an intense wave of enthusiasm over AI, “a bit of the hype has to die down” before the true economic value of the technology becomes clear.

OPINION | Vault Matters: The consequences of dichotomy of ownership structure in banks

There is difference in approach at present in the ownership structures, whether through the government, foreign owners or the local promoter. While this issue hasn't gathered momentum yet, it would be constructive for the RBI to harmonise the capital structures before it can become a heated debate 

SBI share price rises 1% today after Q2 results beat Street; brokerages lift target prices on core performance

SBI Stock Call: Brokerages largely maintained positive views on the stock, highlighting SBI’s steady margins, improving return ratios, and potential value unlocking from subsidiaries.

RBL Bank shares jump 2.5% today as Mahindra & Mahindra sells stake with 64% gain via block deal

Automobiles major Mahindra & Mahindra had invested Rs 417 crore in July 2023 to acquire a 3.5 percent stake in RBL Bank at Rs 197 per share. The current deal is expected to deliver a gain of roughly 64 percent on that investment.

Fixed deposit rates: Top private and public sector banks compared for 1-year tenure

Top banks offering highest 1-year fixed deposit rates include IndusInd Bank at 7%, Axis Bank, HDFC Bank, and Bank of Baroda at 6.6%.

NRE FD interest rates: Top banks offering highest returns

Top banks offering highest interest rates on NRE fixed deposits include IndusInd Bank at 7%, Axis Bank, HDFC Bank, and others at 6.6%, and Bank of Baroda at 6.5%.

As visa curbs reshape student flow, NBFCs pivot to service newer destinations

NBFCs are adapting to tightening visa policies at popular study destinations by diversifying loan products, focusing on RoI, and offering flexible repayment structures to help students avail and repay education loans.

SBI Q2 net profit rises 10% YoY to Rs 20,160 crore on Yes Bank stake sale gains; NII up 3.3%

State Bank of India Q2 FY26 results: Proceeds from the sale of Yes Bank stake help net profit rise 10% year-on-year; asset quality improves.

Top banks offering lowest interest rates on gold loans

Punjab National Bank offers the lowest gold loan interest rate at 8.35%, followed by other banks like Indian Bank and ICICI Bank, with rates starting at 8.75% per annum.

Borrowing vs investing: When debt destroys your compounding power

Compounding can build wealth or destroy it; understand its power to harness it for long-term prosperity and avoid debt traps, especially high-interest ones, to achieve financial independence.

Nifty PSU Bank index climbs 2% as Bank of Baroda, Canara Bank stocks lead gains after strong Q2 earnings

All 12 constituents of the index traded in the green, as brokerages strengthened bullish stance on Bank of Baroda following better-than-expected margins and asset quality performance, while Canara Bank showed steady improvement in asset quality.

Senior Citizen FD Rates: Top 10 banks with highest interest rates

Senior citizens can earn up to 7.5% interest on fixed deposits with top banks like IndusInd Bank, Axis Bank, and others offering competitive rates for deposits up to Rs 3 crore.

Exceeding credit card limit but clearing it before statement date: Will it still show high utilisation?

If your statement reflects zero balance because you paid off early, the high utilisation may not be recorded

Lowest car loan rates: Compare top banks for a Rs 10 lakh loan

When seeking a car loan, explore multiple options like banks and loan aggregator websites to find the best rates and terms. Interest rates for a Rs 10 lakh loan range from 7.85% to 9.99%.

American Express Platinum Charge Card Review: Benefits, Fees, and Eligibility

American Express has resumed accepting applications for its premium Platinum Charge Card, offering elite benefits, rewards, and insurance, but with a high annual fee of Rs 77,880 and strict eligibility criteria.

Kotak811 launches 3-in-1 Super Account: Savings, fixed deposits, and secured credit card in one

The 3-in-1 super account combines savings, fixed deposit, and secured credit card, offering rewards, cashback, and seamless transactions with RuPay on UPI, with no annual fee

Home loan: Compare top banks for lowest interest rates and EMIs

Compare home loan interest rates from top banks, with rates starting from 7.3% and EMIs ranging from Rs 39,670 to Rs 44,986 for a Rs 50 lakh loan over 20 years.

Swipe Smart: A step-by-step guide to optimising credit-card rewards

Maximise credit card rewards by assessing spending habits, selecting the right cards, tracking key metrics and avoiding pitfalls like debt and impulsive purchases to earn valuable rewards without overspending

Diwali Splurge: 42% of credit card users spend over Rs 50,000, Paisabazaar survey reveals

Diwali shopping surged this year, with 42 percent of credit card users spending over Rs 50,000, leveraging strategic deals, cashback, and no-cost EMIs, and blending online and offline channels for maximum value.

CIF number in banking: The key to your complete account profile

It’s more than just a number — your CIF links all your banking details in one place.