Banking

HDFC Bank delayed reports of repayment status of millions of borrowers: Experian to RBI

One of India’s biggest credit bureaus has informed the central bank about delays in receiving information from HDFC Bank Ltd., the...

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Banking

RBI Launches Pilot Scheme for Offline Payments through Cards and Mobile

Due to lack of Internet connectivity or low speed Internet, especially in rural areas, the Reserve Bank of India (RBI) has encouraged companies to...

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Mediclaim

Coronavirus Pandemic has Induced Increase in Health Insurance Spending

Over 45% of the urban Indians are planning to increase their health insurance spending in the next six months owing to pandemic-induced risk...

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Tax

New Form 26AS will help file returns accurately, handhold taxpayers

From this assessment year, taxpayers will see an improved Form 26AS carrying some additional details on taxpayers' financial transactions as...

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Consumer Issues

Consumer grievances: Refunds, non-delivery top complaints against etailers

Topping the list of consumer grievances were issues to do with refunds of paid amounts and delayed or missing deliveries of ordered items during the...

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Mutual Funds

Franklin Templeton MF's shut schemes receive Rs 3,275 cr since wind up

Franklin Templeton Mutual Fund on Monday said its six shut schemes have received Rs 3,275 crore from maturities, pre-payments and coupon payments...

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Mutual Funds

UTI MF receives full payment from Zee Learn

UTI Credit Risk Fund has recovered entire proceeds from Zee Learn Limited in the segregated portfolio, a press release from the fund house stated.

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Mutual Funds

Motilal Oswal AMC to launch multi asset fund

Motilal Oswal AMC has announced the launch of Motilal Oswal Multi Asset Fund, an open ended multi asset allocation fund. The fund will be open for...

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Mutual Funds

Net inflows into Equity MFs plunge to four-year low; SIP inflows took a hit

Net inflows in equity funds plunged 94% month-on-month (MoM) in June due to increase in redemptions by 74.9% MoM to Rs 14,200 crore,

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Mutual Funds

Franklin MF’s six wound up schemes to get Rs 6,000 crore by September

Franklin Templeton Mutual Fund expects to receive over 6,000 crore in its six shut debt schemes on account of coupon receipts, prepayment by issuers...

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