Investments

The National Payments Corporation of India (NPCI) will roll out new Application Programming Interfaces (API) usage rules for all banks and payment apps. Source

It must be noted that the government in Union Budget 2025 discontinued fresh issuances of the Sovereign Gold Bond scheme. However, existing bonds remain active and will be redeemed on schedule or on eligible early redemption dates. Source

Disbursements in the March 2025 quarter rose 12.2% sequentially to ₹71,580 crore, even as overall sentiment remained subdued. On a year-on-year basis, disbursements fell 38%, highlighting the sector’s continued focus on quality lending. Source

In a letter dated May 26, 2025, SEBI issued a certificate of registration to Jio BlackRock Mutual Fund. The regulator also approved Jio BlackRock Asset Management Private Limited to act as the Asset Management Company (AMC) for the mutual fund. Source

All participating policies in force as of March 31 are eligible. Policyholders will receive the bonus on maturity, surrender, or as per policy terms. Source

CRED aims to address the limited awareness around loans against mutual funds in India. Source

Aimed at senior citizens aged 60 years or above, the new brochure explains the tax treatment of various retirement-related payments such as gratuity, pension, provident fund withdrawals, and interest income. Source

As the monsoon advances across India, the risk of urban flooding and vehicle breakdowns is expected to rise. Insurers urge policyholders to take preventive steps. The rains may not be in your control. But the damage doesn’t have to be out of your hands. Source

Banks will remain closed in Mizoram on June 30 to observe Remna Ni, also referred to as Peace Day. Customers can still use online or mobile banking services on bank holidays unless they are notified of technical or other concerns. ATM withdrawals will remain accessible in case of financial requirements, and both the app and…

According to Dennis Gabriel, Partner at Upwisery, staggered investing through STPs allows investors to navigate volatility while maintaining long-term commitment to their financial goals. Source