Tag: Personal finance

Sebi's Mutual Fund Nomination Overhaul: A Game-Changer for InvestorsIn a significant move to boost transparency and reduce unclaimed assets in the securities market, the Securities and Exchange Board of India (Sebi) has unveiled a...

**Paperless KYC and Aadhaar Authentication Process for Post Office Savings Accounts**The postal department has unveiled plans for implementing a paperless Know Your Customer (KYC) system, allowing customers to open Post Office Savings Bank (POSB)...

Equity Mutual Funds See Record SIP Flows in December: Over Rs 26,000 CroreMUMBAI: In a surprising turn of events amidst a volatile stock market, retail investors poured over Rs 41,156 crore into equities through...

The financial landscape for senior citizens over 80 has seen a significant shift as State Bank of India (SBI) and HDFC Bank have recently announced new fixed deposit rates. These changes have sparked interest...

Vivek Oberoi's Financial Success Bollywood actor Vivek Oberoi has made headlines for his impressive financial success, boasting a net worth of Rs 1,200 crore. This places him among the wealthiest entertainers in India, surpassing industry...

RBI Guidelines: Tougher Approval for Multiple Personal LoansMUMBAI: Retail borrowers looking to secure multiple personal loans may face tougher approval processes in the upcoming year. A new regulation requires lenders to update credit bureau...

The NPS Vatsalya scheme, a financial savings solution designed specifically for children, has been making waves since its introduction earlier this year by the Modi 3.0 government. This pension programme for minors aims to...

RBI Urges Secure Online Transactions Through Name Verification Before NEFT PaymentsIn a bid to enhance cybersecurity and prevent fraudulent activities in online fund transfers, the Reserve Bank of India (RBI) has directed the National...

Mutual funds have long been viewed as a complex and intimidating realm reserved for the financially savvy. However, a recent initiative by SBI Mutual Fund and the State Bank of India aims to change...

Today's budget proposals for FY 2025-26 brought about a welcome change for middle-income taxpayers, signaling a significant move by the government to forego revenue in the amount of one lakh crore. The Honorable Finance...