Eco-News

26/09/2025

Best Gold ETFs in India 2025: Rates, returns, and how to choose

Gold ETFs are exchange-traded funds that invest directly in gold bullion and are traded on stock exchanges just like regular shares. Each unit usually represents one gram or a fraction of gold. They allow investors to benefit from gold price movements without worrying about storage or purity issues....

26/09/2025

Highest FD interest rates in top 5 banks: SBI, PNB, ICICI Bank, HDFC Bank and Bank of Baroda Major Indian banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are currently offering competitive fixed deposit rates. The highest interest rate for general citizens across these banks is 6.60%, while senior citizens can earn up to 7.10% on specific tenures, such as 444 days at SBI and Bank of Baroda.

Major Indian banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are currently offering competitive fixed deposit rates. The highest interest rate for general citizens across these banks is 6.60%, while senior citizens can earn up to 7.10% on specific tenures, such as 444 days at SBI and Bank of Ba...

25/09/2025

Non-bank lenders are increasing their hold on the personal loan market. Data shows NBFCs' share in new personal loans has risen significantly. This growth is driven by fintech companies. Meanwhile, banks' share has decreased. The personal loan market is now over fifteen lakh crore rupees. NBFCs are more flexible, attracting borrowers banks might overlook.

Non-bank lenders are increasing their hold on the personal loan market. Data shows NBFCs' share in new personal loans has risen significantly. This growth is driven by fintech companies. Meanwhile, banks' share has decreased. The personal loan market is now over fifteen lakh crore rupees. NBFCs are....

25/09/2025

The Reserve Bank of India has announced new guidelines for digital payment security. Two-factor authentication will become mandatory for all transactions. Banks can now use biometrics and other methods for verification. Small-value transactions are exempt from strict authentication. These rules aim to boost security and will be effective from April 1, 2026.

The Reserve Bank of India has announced new guidelines for digital payment security. Two-factor authentication will become mandatory for all transactions. Banks can now use biometrics and other methods for verification. Small-value transactions are exempt from strict authentication. These rules aim....

25/09/2025

Credit card issuances in India reached a seven-month high in August, driven by lenders like HDFC Bank and Axis Bank preparing for increased festive season demand. Nearly 700,000 new cards were issued, bringing the total active cards to 112.3 million.

25/09/2025

Bharti Enterprises and Warburg Pincus's joint venture plans to raise 40 billion rupees ($451 million) by issuing bonds in the next quarter, offering an 11%-12% coupon. Kotak Investment Bank is arranging the deal, expected to draw interest from mutual funds and NBFCs. This bond issuance follows a trend of firms utilizing the corporate bond market to fund significant acquisitions.

Bharti Enterprises and Warburg Pincus's joint venture plans to raise 40 billion rupees ($451 million) by issuing bonds in the next quarter, offering an 11%-12% coupon. Kotak Investment Bank is arranging the deal, expected to draw interest from mutual funds and NBFCs. This bond issuance follows a tre...

25/09/2025

The RBI will implement new digital payment authentication rules from April 1, 2025, allowing alternatives to SMS OTP while keeping two-factor authentication mandatory. Options include passwords, PINs, tokens, or biometrics.

25/09/2025

Standard Chartered will cap its India branch network at 100, focusing on larger format branches and digital services. The bank aims to commence dollar clearing at GIFT City in October and targets a 10% loan growth in the corporate segment by FY26. It is also concentrating on the 'Global Indian' segment and expanding its wealth management services.

Standard Chartered will cap its India branch network at 100, focusing on larger format branches and digital services. The bank aims to commence dollar clearing at GIFT City in October and targets a 10% loan growth in the corporate segment by FY26. It is also concentrating on the 'Global Indian' segm...

25/09/2025

FM Nirmala Sitharaman emphasised the critical role of banks in driving India's growth amid global uncertainty, urging them to maintain strong balance sheets for infrastructure, industry, and MSME investments. She highlighted the need for partnerships with NBFCs to extend credit to underserved sectors.

FM Nirmala Sitharaman emphasised the critical role of banks in driving India's growth amid global uncertainty, urging them to maintain strong balance sheets for infrastructure, industry, and MSME investments. She highlighted the need for partnerships with NBFCs to extend credit to underserved sector...

25/09/2025

IndiGo and SBI Card have partnered to introduce co-branded premium credit cards, IndiGo SBI Card and IndiGo SBI Card ELITE, under the IndiGo BluChip loyalty program. Cardholders will earn rewards on IndiGo's offerings, hotel bookings, and travel expenses. This collaboration aims to provide value, convenience, and benefits to frequent flyers, transforming everyday spending into rewarding travel experiences.

IndiGo and SBI Card have partnered to introduce co-branded premium credit cards, IndiGo SBI Card and IndiGo SBI Card ELITE, under the IndiGo BluChip loyalty program. Cardholders will earn rewards on IndiGo's offerings, hotel bookings, and travel expenses. This collaboration aims to provide value, co...

25/09/2025

SIPs vs lumpsum: Which works better now?

Experts say SIPs help navigate volatility through rupee cost averaging and avoid the risk of poorly timed lump sum entry. Why SIPs are preferred in volatile markets

25/09/2025

S&P Global Ratings has assigned Bank of Maharashtra a 'BBB-' rating with a 'Stable' outlook, highlighting the bank's strong financial health and governance. This investment-grade rating, three notches above Fitch's, is expected to lower funding costs and improve access to overseas capital markets. The rating reflects BoM's robust capitalization, solid funding, and healthy liquidity.

S&P Global Ratings has assigned Bank of Maharashtra a 'BBB-' rating with a 'Stable' outlook, highlighting the bank's strong financial health and governance. This investment-grade rating, three notches above Fitch's, is expected to lower funding costs and improve access to overseas capital markets. T...