Gold Jumps Rs 5,091 to Rs 1.44 Lakh/10g on Dollar Softness
Gold prices in India soared by Rs 5,091 to reach Rs 1.44 lakh per 10 grams, driven by a weaker US dollar and heightened safe-haven demand in global markets.
Category : Banking
Bank Holiday Alert: Ram Navami Closures This Week
Banks in multiple Indian states will remain closed this week for Ram Navami and other festivals. Check the detailed state-wise holiday schedule and plan your banking accordingly.
Form 16 Replaced by Form 130: New Tax Filing Rules
Employers may not issue Form 16 this year as new rules introduce Form 130, updated ITR forms, and a system-driven process. Learn what this means for your tax filing.
Gold Futures Rise on Global Cues and Buying Interest
Gold futures traded higher on Wednesday, driven by firm global cues and sustained buying. Prices across MCX contracts and key Indian cities posted significant gains amid positive investor sentiment.
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KV Ramana Murty Appointed as SEBI Whole-Time Member
The Indian government has appointed KV Ramana Murty as a Whole-Time Member of SEBI, bringing his extensive experience in finance and regulation to the securities market watchdog.
Silver Futures Surge Rs 12,861 to Rs 2.36 Lakh per kg
Silver futures in India skyrocketed by Rs 12,861 to Rs 2.36 lakh per kg, driven by a weak US dollar and bullish global precious metals sentiment, according to analysts.
Kotak Mahindra Bank Files Complaint in Rs 150-Crore Panchkula Scam
Kotak Mahindra Bank has filed a police complaint regarding a Rs 150-crore scam in Panchkula municipal accounts. The Haryana Vigilance Bureau is investigating, following a similar Rs 590-crore banking fraud case in the state.
UP Cooperative Bank 2026 Recruitment: 116 Posts Notified
The Uttar Pradesh Cooperative Bank has released a notification for 116 positions under the Combined Co-operative Banking and Technical Services Examination (Special Recruitment)-2026. Online registration opens March 25, 2026.
Banking Holiday Alert: Four-Day Closure Announced
Banks across India will remain shut for four consecutive days due to a series of public holidays. Check the specific dates and plan your financial transactions accordingly to avoid inconvenience.
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Rupee Falls 18 Paise to 93.94 vs Dollar in Early Trade
The Indian rupee declined by 18 paise to 93.94 against the US dollar in early trade on Wednesday, driven by sustained foreign fund outflows. However, lower crude oil prices and a strong domestic equity market limited further losses.
Rupee Drops to 93.96 vs Dollar on Geopolitical Uncertainty
The Indian rupee weakened to 93.96 against the US dollar, pressured by foreign fund outflows and Middle East tensions. Meanwhile, domestic stock markets surged over 1%.
Gold Rises 2% on Easing US-Iran War Fears; Investor Outlook
Gold prices climbed over 2% on Wednesday, supported by a weaker dollar and easing oil prices. Analysts caution that geopolitical uncertainties may keep prices range-bound and volatile in the near term.
TVS Motor Declares Rs 12 Dividend, Record Date Set
TVS Motor Company has announced a final dividend of Rs 12 per equity share for FY 2025-26. The record date for eligibility is March 31, 2026, with the ex-date likely on March 28, 2026.
Bank Officials Face Probe for Crore-Rupee MC Fund Embezzlement
Officials of a private bank in Panchkula are under investigation for allegedly embezzling crores of rupees from Municipal Corporation funds through fake accounts and forged documents.
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Credit Cards: The Silent Economic Engine Driving Growth
Beyond simple spending tools, credit cards serve as powerful economic catalysts that protect consumers from fraud, boost consumption, and drive formal economic growth through disciplined financial practices.
RBI Wants Single Interface for All Payment Mandates: UPI, Cards
The Reserve Bank of India is advocating for an interoperable system allowing customers to view all payment mandates across UPI and credit cards in one interface, aiming to enhance consumer protection amid rising subscription services.
Nabard: Rs 98,871 Crore Credit for Jharkhand Priority Sectors
Nabard's State Focus Paper estimates a potential bank credit of Rs 98,871.67 crore for priority sectors in Jharkhand by 2026-27, with MSMEs receiving the largest allocation at 58.5%.
Dakshina Kannada CEO Criticizes Banks Over Loan Scheme Failures
Dakshina Kannada Zilla Panchayat CEO expresses grave concern over banks' poor implementation of social security and priority sector loan schemes, highlighting low housing loan disbursement and declining CD ratio in rural areas.
J.P. Morgan Names Rahul Badhwar as India Head
J.P. Morgan appoints Rahul Badhwar as senior country officer for India, filling a key leadership gap. He will start in July 2026, based in Mumbai, and report to the Asia Pacific CEO.
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RBI Expands Digital Payment Intelligence Platforms
The Reserve Bank of India is developing advanced digital payment intelligence platforms to enhance user empowerment. Interoperability across systems will be crucial for seamless customer experiences.
Gold Falls 5th Day, Retail Rates Up Amid Middle East Tensions
Gold prices declined for the fifth consecutive session on Tuesday, with MCX futures dropping 1.62% to Rs 1,37,000 per 10 grams, while retail rates in major Indian cities increased due to geopolitical uncertainty in the Middle East.
IT Stock Gains 6% on Central Electronics Order
A leading IT company's stock price jumped more than 6% following the announcement of a significant new order from Central Electronics Limited, driving market optimism.
Silver Futures Slide Rs 9,467, Extend 10-Day Rout
Silver futures have dropped sharply by Rs 9,467 to Rs 2.15 lakh per kg, continuing a 10-day losing streak with a total decline of Rs 62,150 or 22.36% since March 10, 2026.
Gold Futures Drop Rs 2,260 Amid West Asia Geopolitical Uncertainty
Gold futures in India fell sharply by Rs 2,260 to Rs 1.37 lakh per 10 grams as geopolitical instability in West Asia pressured precious metal prices, according to analysts.
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HDFC Bank Hires Law Firm for Share Price Probe
HDFC Bank has engaged an external law firm to investigate its share price movements, following regulatory scrutiny. The probe, led by Atanu Chakraborty, aims to ensure compliance and transparency.
HDFC Bank Hires External Counsel to Review Chairman's Exit
HDFC Bank has appointed external legal counsel to investigate the sudden resignation of its former chairman, which previously caused stock declines and governance worries. The bank had cited a management rift as a possible cause, with no material issues r
HSBC Names David Rice as First Chief AI Officer
HSBC has appointed David Rice as its inaugural chief AI officer, aiming to boost performance and cut costs through generative AI. The move aligns with CEO Georges Elhedery's strategy to enhance returns by 2026-2028.
HDFC Bank Hires External Counsel to Review Ex-Chairman's Exit
HDFC Bank has appointed external legal counsel to investigate the abrupt resignation of its former chairman, which triggered a stock plunge and governance concerns. The bank previously cited a possible rift with management as the cause.
CPM Bank President Resigns After Exposing Rs 75 Lakh Scam
Ponthamarapilla, president of Adoor Service Cooperative Bank and CPM member, resigned under pressure after revealing financial irregularities exceeding Rs 75 lakh during previous administration's tenure.
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Calmness as Courage: A Banker's Lesson in Leadership
A banker's transfer to a strike-hit rural bank in Jodhpur taught him that emotional steadiness, not force, defuses conflict. His calm demeanor prevented attacks, while anxious colleagues faced aggression.
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