India’s regulatory move to ban advance tipping on platforms like Uber, Ola, and Rapido highlights a push to prevent manipulative app design and promote fair consumer discretion in the gig economy. India’s consumer watchdog has taken aim at a small…
Security experts warn that fake ACH notification emails, designed to appear legitimate, are increasingly used to steal login credentials and perpetrate broader financial fraud, urging users to remain vigilant and verify through trusted channels. An email claiming that an ACH…
As households grapple with higher living costs, the emerging trend of moneymaxxing promotes deliberate financial choices, encouraging families to save smarter and spend intentionally, with testimonials highlighting its potential to reshape personal money management. A frugal new social media trend…
During a meeting in Jaipur, India and Indonesia advanced plans to deepen financial links by promoting local currency transactions and strengthening bilateral economic ties amid rising cross-border currency use. India and Indonesia used a meeting in Jaipur on Tuesday to…
Repco Home Finance reports higher first-quarter profit supported by asset quality improvements, but warns that ongoing pricing pressures and competition may narrow margins in the coming months, prompting plans for strategic cost management and geographic expansion. Repco Home Finance said…
Private lenders in south India have nearly doubled their gold loan portfolios over three years, driven by rising bullion prices and persistent demand for secured credit, with Federal Bank leading the surge. Gold lending has become one of the sharpest…
Among small finance banks, Utkarsh Small Finance Bank currently provides the most attractive 3-year fixed deposit rates, with a marginal advantage over AU and Ujjivan, especially for senior citizens, highlighting the importance of comparing final maturity values for large investments.…
Indian banks are surpassing expectations in attracting foreign currency deposits, driven by strong demand from non-resident Indians and favourable schemes, boosting lenders’ stability and funding options amid intense domestic competition. Indian banks are drawing foreign currency deposits at a faster…
Recent Supreme Court decisions in India are prompting insurers to increase reserves as they face potentially higher liabilities for motor accident claims, including compensation for domestic work and claims by family members of policyholders. General insurers in India are likely…
The Reserve Bank of India has unveiled draft guidelines aimed at making loan costs more transparent and consistent, including publishing monthly lending rates and capping charges on microfinance and small loans, with new rules set to come into effect in…
