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Payment services such as electricity bills, gas, water or any other utility bills, mobile recharge, DTH, OTT, automatic subscriptions for newspapers, magazines, insurance premium, Netflix, Amazon, will mandatorily require additional factor of authentication (AFA) from Friday. (DC File Image)

Automated bill/card payments stop from today

All monthly mutual fund systematic investment plans (SIPs) or EMIs for loans from the savings or current accounts will...

1 Oct 2021 3:10 AM IST

The creditors of DHFL, including fixed deposit (FD) holders, would recover an aggregate amount of Rs 38,000 crore from the resolution process of DHFL. (Twitter)

Piramal completes DHFL buy, pays Rs 34,250 crore

As a part of the process, Piramal Capital and Housing Finance Ltd will merge with DHFL

30 Sept 2021 4:41 AM IST

HDFC Bank on Wednesday said that it has issued a record number of 4 lakh credit cards after the central bank lifted a ban on issuing new cards last month. (DC Image)

HDFC Bank acquires 4 lakh credit card users post lifting of ban

The bank said its new strategy to recapture the lost market share in the credit card market

30 Sept 2021 4:31 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Chinese risk to Rupee not over yet

The lesser than expected correction in Chinese shares is a short term breather for the markets

23 Sept 2021 7:59 AM IST

Using earned money of depositors to bail out a bank amounts to gross interference by the government.

Co-op depositors can now claim up to Rs 5 Lakh from bank

Depositors will now need to contact the bank and submit a declaration of willingness to claim the amount

23 Sept 2021 7:54 AM IST

From the top-10 list, only Reliance Industries Limited, Hindustan Unilever Limited (HUL) and HDFC ended the week with gains. (PTI Photo)

Realtors hopeful as HDFC too offers loans at 6.7 per cent

Last week, SBI offered a similar credit score linked home loan rate of 6.70 per cent

22 Sept 2021 7:21 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee falls 26 paise against dollar

Monday's close was 26 paise down compared to the rupee's previous session on Friday

21 Sept 2021 7:19 AM IST

Speaking at a CII event, Michael Patra, deputy governor at RBI, said core inflation remains sticky even though the headline numbers have moderated since May. (Twitter)

Inflation to stabilise only by FY24: Patra

Retail inflation moderated to 5.3 per cent in August but remained above the medium-term target of the RBI

17 Sept 2021 2:39 AM IST

With the onset of the festive season, SBI has also waived processing fees on home loans and occupation-linked interest premium. Representational Image. (PTI)

SBI cuts home loan rate to 6.7%, BoB to 6.75%

A Cibil credit score of more than 800 will make a borrower eligible for a home loan rate of 6.7 per cent

17 Sept 2021 2:18 AM IST

VILs debt from banks and financial institutions stood at Rs 23,400 crore. (Photo: PTI)

Telecom relief eases default risk for banks

However, bankers said they are awaiting the plan of action from the telecom companies to assess the situation

16 Sept 2021 7:24 AM IST

An elevated inflation rate is also a cause of concern for the RBI, though it has decided to accord priority to economic growth in the near future. (AA file Photo)

Eight firms selected for cross-border payments

RBI said Book My Forex product facilitates fully online outward cross-border remittances to bank accounts and...

14 Sept 2021 9:00 AM IST

Buying Covid insurance cover is an ideal way to ensure that your loved ones are being taken care of even in your absence.

Covid-specific insurance plans can be sold till March 31

Corona Kavach is an indemnity plan that will cover hospitalisation expenses

14 Sept 2021 8:57 AM IST