ITR filing: At the time of filing income tax return, taxpayers are supposed to be aware of different provisons which apply to the new tax regime  Source

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Sarbvir Singh, Joint Group CEO of PB Fintech, points out that many people in India are still unaware of what term insurance is. A recent survey found that about half of the people didn’t know the difference between term insurance and other life insurance plans. Source

IndusInd Bank confirms incorrect accounting of internal derivative trades, leading to notional profits, appoints Grant Thornton for analysis. Source

The New Fund Offer (NFO) will open for subscription on April 25 and closes on May 9, 2025. Source

SBI Life Insurance’s APE growth, market share, ULIP contribution, agency channel performance, and VNB margin analysis for FY25 and FY26. Source

The revised interest rates apply to fresh and renewed deposits up to ₹10 crore. Tenure options range from 12 months to 60 months. Source

IndusInd Bank shares rise after forex derivatives investigation, reassures investors with accurate accounting and corrective actions. Source

If you’re an NRI in a country with a favorable DTAA, your gains from Indian mutual funds may not be taxed in India. Here’s how Source

Q4FY25 was the lowest in terms of profitability, says IDFC First Bank MD Vaidyanathan. Source

The PFRDA issued a circular recently, detailing new rules for such subscribers. Here’s a breakdown of what you need to know and do. Source

CSB Bank reports 26% rise in net profit, NII down 4%, advances up 30%, GNPA at 1.57%, CEO optimistic. Source

People buy gold on Akshaya Tritiya as it is believed to bring prosperity and mark an auspicious beginning for new investments. Source

IDBI Bank reports 26% yoy increase in Q4 net profit to ₹2,051 crore, driven by growth in other income. Source

The revised RLLR, effective from April 12, 2025, will translate into more affordable borrowing costs for customers, with interest rates on housing loans now starting at 7.90% per annum and vehicle loans at 8.20% per annum. Source

State-run lender UCO Bank on Monday reported around 24% year-on-year growth in its net profit to ₹652.43 crore for the fourth quarter last fiscal. Source

The public sector lender lowered home loan rates from 8.15% to 7.90% per annum, while vehicle loan rates were cut from 8.50% to 8.25% per annum, the bank said in a statement on Thursday. Source

RBI announces May 2025 auction calendar for ₹1.25 lakh crore OMOs to maintain liquidity in banking system. Source

Indian companies are stepping forward with support measures to help affected families and customers. Source

Private sector lender IndusInd Bank today informed that its Deputy CEO and Executive Director Arun Khurana has resigned from his position with immediate effect. Source

IDBI Bank and Ujjivan Small Finance Bank have both cut rates on select tenures while extending deadlines or modifying associated schemes. Source

Finance Minister aims to double UPI transactions to 100 crore per day in 2-3 years, emphasizing global expansion and cybersecurity. Source

An annuity is a contract with an insurance company where you pay a lump sum or a series of payments in exchange for regular payouts during retirement. Source

Central Bank of India (CBoI) reported a 28% year-on-year increase in fourth quarter standalone net profit at ₹1,034 crore. Source

Other major banks have also begun slashing lending rates in response to the RBI’s easing policy. The shift is expected to encourage more homebuyers, particularly in the affordable housing segment. Source

RBI mandates banks and ATM operators to dispense ₹100 and ₹200 notes to improve public access. Source

From June 2025, cardholders will get a 1% surcharge waiver on fuel purchases ranging between ₹500 and ₹5,000. The total fuel surcharge waiver will be capped at ₹3,500 per calendar year. Source

Canara HSBC Life Insurance Company files for IPO with existing shareholders looking to sell stake, amid market volatility. Source

Account holders with balances between ₹5 lakh and ₹50 lakh will now earn 4.75% per annum, down from 5%. Source

RBI mandates use of PRAVAAH portal for all regulatory applications from May 1, 2025, for transparency and efficiency. Source

On a year-on-year basis, redemptions increased by 4.5% from ₹30,088 crore in March 2024, while inflows rose by 10.82% from ₹22,633 crore in the same period. Source

InCred Financial Services in discussions for IPO, aiming for 150 billion rupees valuation, despite market volatility. Source

The latest feature allows users to file taxes directly through Microsoft Teams, and an Azure OpenAI-powered WhatsApp agent supports nine regional languages, helping gig-workers manage their tax refunds. Source

Cholamandalam Investment & Finance Company Ltd (Chola) enters gold loan business targeting ₹1,000–₹1,500 crore loan book. Source

RBI announced the ₹9,600 redemption price for Sovereign Gold Bond (SGB) Series I (2020-21) due on April 28, 2025. Know exit options, process, and key updates. Source

Sundaram Finance Ltd adjusts deposit rates based on RBI repo rate changes, offering competitive rates for all depositors. Source

The price of 24 karat gold stands at ₹98,200 for 10 grams, while 22 karat gold is priced at ₹90,010 for 10 grams, according to Goodreturns data. Source

Union Bank of India hires 1,500 Local Bank Officers nationwide to enhance customer relationships and drive business growth. Source

The bond was issued at ₹4,589 per unit on April 28, 2020. The redemption price for premature redemption stands at ₹9,600 per unit. Source

TVS Credit Services Ltd achieves record profits, assets grow, and customer base expands in FY25. Source

Back then, gold was priced at around ₹26,936 per 10 grams for 24Kt purity. Today, ahead of Akshaya Tritiya 2025, the yellow metal is trading between ₹94,000 and ₹95,000 per 10 grams. Source

IRFC diversifies into high-margin rail projects, focusing on PPPs, metro, and rapid rail, with strong refinancing and fundraising plans. Source

The card, denominated in US dollar, is accepted in over 200 countries and offers features designed to reduce foreign exchange costs. Source

Taking the moral responsibility for discrepancies found in IndusInd Bank’s derivative portfolio, the lender’s MD, CEO Sumant Kathpalia has resigned from his position with immediate effect. Source

EPFO’s updates aim to reduce delays in transferring PF accounts, benefiting the large number of employees who change jobs each year. Source

RBI introduces new 10-year G-Sec with 6.30% coupon rate, aiming to raise Rs 30,000 crore at upcoming auction. Source

Depending on the states and regions, banks will remain closed for a number of holidays, including Buddha Purnima and Maharana Pratap Jayanti, among others, under the RBI’s holiday schedule under the Negotiable Instruments Act. Notably, scheduled and non-scheduled banks will observe public holidays on the second and fourth Saturdays, as per the Reserve Bank of…

Five-Star Business Finance Ltd in Chennai reports annual profit exceeding ₹1,000 crore, with growth in interest income and disbursements. Source