Finance News & Analysis
PFC-REC merger may not be a priority amid war squeeze
PFC-REC merger faces ₹25,000 crore capital hurdle, threatening government's controlling stake and clean energy finance infrastructure
Highest 3-year FD interest rates for senior citizens: These banks offer 8% interest rate on fixed deposits
Senior citizen FD rates hit 8% as banks compete for deposits, signalling potential shift away from equities and real estate among retirees
ED freezes Rs 526 crore bank deposits in PMLA case against Gameskraft
ED seizes Rs 526 crore from Gameskraft in gaming fraud crackdown, signalling stricter regulatory enforcement against online gaming sector malpractices
ECB filings halve to USD 5.43 billion in March: RBI
Indian ECB filings plunge 50% to $5.43B in March, signalling cautious corporate borrowing amid global uncertainty.
Rs 2 lakh investment: Post Office TD or PSU bank FD? Check which option gives higher maturity value
Post Office TDs emerge as competitive savings alternative to PSU bank FDs, shifting retail investment patterns and challenging traditional banking deposit flows
RBI eases rules for outward remittances; drops prior approval for non-bank entities
RBI removes prior approval for non-bank remittance entities, slashing bureaucracy and lowering costs for Indian diaspora transfers
Now personalised cheque book in Post Office: Savings account holders can get cheque books with printed names
Post Office personalised cheques boost financial security and digital push, benefiting banking infrastructure and public trust in government services
RBI likely to pay record dividend to govt this year
Record RBI dividend to govt strengthens fiscal position and may ease inflation pressure through better resource allocation