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SBIs Q4FY25 net profit declines 10% to 18,643 cr on jump in total provisions
Board declares dividend of 15.90 per equity share and also approves raising of equity capital aggregating up to 25,000 crore
Indian Bank posts over 10,000 cr annual profit for first time in FY25; Q4 net profit up 32%
During the quarter, the bank's total income increased to 18,599 crore from 16,887 crore a year ago
5 principles of Warren Buffett you can follow for consistent, long-term wealth creation
SBI Q4 profit drops 10% to 18,643 cr despite higher income; FY25 net up 16%
Despite the decline, total income rose to 1,43,876 crore, supported by increased interest income.
HDFC Bank revises lounge access policy for these credit card users effective from June 10, 2025
HDFC Bank is revising its lounge access policy for Tata Neu Infinity and Plus credit cardholders, effective June 10, 2025. Domestic lounge access will now be milestone-based, requiring a spend of Rs 50,000 per quarter to earn vouchers.
Kotak Mahindra Bank's Q4 profit drops 14% on higher provisions
Kotak Mahindra Bank reports standalone net profit of 3,552 crore
CBDT notifies new ITR form 5 for 2025-26 with key updates
One of the most notable revisions in ITR Form 5 is the introduction of a split within the Schedule-Capital Gain.
Gold prices may have peaked out, can fall 12-15% in dollar terms: Quant Mutual Fund
For glittering Gold and indispensable oil, the fund house expects a correction in the near term, Gold has exhibited tremendous potential and that potential remains for the longer term and also crude oils downside is exhausted.
With banks reducing FD interest rates, the Post Office Time Deposit (POTD) remains competitive, offering 7.10% until June 2025. While major banks offer lower rates around 6.90%, select private banks like DCB, RBL, and YES Bank provide higher returns up to 7.50%.
One fund, many opportunities: The power of multicap investing
Indian equities experienced correction since September 2024. This correction is due to expensive valuation and foreign capital outflows. Multi cap mutual funds are now an attractive option for long-term investors. These funds invest across large, mid, and small-cap stocks. India's GDP growth is projected at 6.5% for FY2026. Multi cap funds balance risk and return in volatile markets.
Top 6 Silver ETFs which received high volumes this Akshaya Tritiya
This Akshay Tritiya Silver ETF volume went up from Rs 95 crore to Rs 313 crore i.e., 3.3 times. At industry level, Silver ETF volume at Rs 232.5 crore which is approximately 74% of total Industry volume of Silver ETF.
RIL, HDFC Bank among top 10 companies with highest mutual fund holding in March Quarter
Here are the top 10 companies with highest MF holding in rupee value terms.
RBL Bank, Voltas among 10 companies that saw highest decrease in mutual fund holdings in March
The mutual fund holding in this stock decreased by 14.36% on a month-on-month basis. The holding in March was 7.93% against 22.29% in December.
Explained: What is Yield to Maturity (YTM) in debt mutual funds
Yield to Maturity (YTM) is a crucial indicator for debt mutual fund investors, offering an estimated annual return if bonds are held until maturity. It aids in comparing funds and aligning with investment horizons. However, YTM is not guaranteed, as it's impacted by interest rate movements and credit quality.
Saturday bank holiday today: Are banks open or closed today on May 3, 2025?
Income tax return filing is approaching. Remember, branches are closed on the second and fourth Saturdays. Several bank holidays are scheduled for May 2025, including Maharashtra Din on May 1. Digital banking offers solutions for many needs. Customers can perform transactions online.
Microfinance legislations: Bandhan Bank not that much impacted in Tamil Nadu and Karnataka, says MD
There are signs of rising stress in microloan portfolios of microfinance lenders in Tamil Nadu and Karnataka
RBI reports 98.24% of 2000 banknotes returned as at April-end 2025
The facility for exchange of the 2000 banknotes is available at RBIs 19 Issue Offices since May 19, 2023, per a central bank statement
Call money market timings may be extended by two hours till 7 pm, recommends RBI Working Group
Move aimed at allowing post-market transactions in G-Secs with non-residents
Target 3.8-4% NIM in FY26, CSB Bank MD says
Balance sheet size likely to grow by 20-25% in current fiscal
Rupee experiences seesaw movement, peaks to a 6-month high
Hits a six-month peak before weakening due to RBI intervention and importer demand
Strong operating profit pushes City Union Bank Q4 net up 13%
FY25 profit at 1,124 crore
Power of Rs 4,99,999 One-time Investment: If you make a one-time investment and let the corpus grow at a steady pace for a long term, the corpus generated can be multiple times the principal. A Rs 4,99,999 mutual fund lump sum (one-time investment) can help you create an estimated fund of Rs 2,99,48565! Know in how many years!
IOBs Q4 profit tops 1,000 cr; FY25 annual profit up at 3,335 cr
Lender plans to raise capital for future growth
Top 5 large and mid-cap funds with up to 30.54% returns in 5 years, as on April 23, 2025
Explore how Floating Rate Savings Bonds, 2020 (Taxable) can be a starting point for investment
Floating Rate Savings Bonds 2020 offer a way to secure finances amidst fluctuating interest rates. Reserve Bank of India issues these bonds. Indian residents, HUF members, and guardians can invest. The interest rate resets every six months, linked to the National Saving Certificate rate. The bonds have a seven-year maturity.
Punjab National Bank will revise fixed deposit interest rates for retail deposits. The new rates will be effective from May 1, 2025. PNB will offer interest rates between 3.50% and 7.10% for general citizens.
Top 6 Gold ETFs which received high volumes this Akshaya Tritiya
On Akshaya Tritiya, gold ETF volumes surged 2.5 times, with Nippon India ETF Gold BeES leading at 17,191 lakh. Total industry volume reached Rs 331 crore, driven by major ETFs like HDFC, ICICI, and SBI.
How much time will it take to reach Rs 5 crore with a monthly SIP of Rs 50,000?
Investing Rs 50,000 monthly at a 15% annual return can help you reach a target corpus of Rs 5 crore in approximately 18 years and 2 months, assuming no lump sum.
Factors that affect personal loan interest rates and how to get the best deal
Personal loan interest rates are influenced by credit score, loan amount, income stability, and market conditions. Borrowers can secure better deals by improving their credit score, shopping around for rates, and considering secured loan options. Understanding these factors empowers individuals to make informed decisions and potentially save money on their loans.
NFO Update: ICICI Prudential Mutual Fund launches quality fund
ICICI Prudential Mutual Fund has launched the ICICI Prudential Quality Fund, an open-ended equity scheme targeting high-quality stocks. The NFO runs from May 6 to May 20, focusing on companies with strong fundamentals and stable returns amid economic uncertainty.
EPFO updates: Key changes and enhancements for EPF members
11 equity mutual funds lose over 15% in 2025. Are any of these part of your portfolio?
In 2025 so far, 11 mutual fund schemes have lost over 15%, with Samco Flexi Cap Fund declining the most at 20.41%. Small cap and ELSS funds dominate the underperformers. A total of 244 equity schemes posted negative returns this year.
RBI shuffles portfolios of dy Guvs; Poonam Gupta gets monetary policy department charge
MUMBAI, May 2: The Reserve Bank of India on Friday rejigged portfolios of its deputy governors, with Poonam Gupta, who assumed charge recently, being given the key monetary policy department charge. The RBI has four deputy governors. The central bank shuffled the portfolios consequent on the appointment and assumption of charge by Gupta as deputy governor. Besides monetary policy, she has been assigned with the responsibility of seven other departments, including corporate strategy and budget, communication, and financial stability. [] The post RBI shuffles portfolios of dy Guvs; Poonam Gupta gets monetary policy department charge appeared first on Daily Excelsior .
IRCTC bans waiting list passengers from Sleeper and AC travel starting May 1, 2025
IRCTC New Rules: Indian Railways will implement new rules from May 1, 2025. Waiting list ticket holders cannot travel in sleeper or AC coaches. They can only travel in general coaches.
Planning to start SIP to buy a house in Bangalore? Experts offer help
Three Reddit users debated mutual fund investments for buying a Bangalore apartment. Experts advised beginners to consider flexi-cap, hybrid, and gold funds. Emphasis was placed on setting clear goals, understanding risk appetite, and ensuring proper asset allocation across equity, debt, and gold for diversification and stability.
ITR Filing Forms FY24-25: The CBDT has released the ITR-3 form for individuals and HUFs with business or professional income for FY 2024-25. It includes a capital gains split schedule for calculations before and after July 23, 2024, and allows reporting of capital loss on share buybacks.
NFO Alert: Groww Mutual Fund expands offerings with new silver ETF
Groww Mutual Fund has launched the Groww Silver ETF, an open-ended fund replicating the domestic price of physical silver. The NFO is open until May 16, with a minimum investment of Rs 500. This ETF offers a convenient, storage-free way to invest in silver, aiming for long-term capital appreciation.
11 new mutual funds are available for subscription now
Eleven new mutual funds across seven categories are open for subscription, offering varied options from index funds to sectoral themes.
Lower home loan EMIs: List of banks that have reduced home loan interest rates after RBI rate cut
Home loan EMIs: Following the Reserve Bank of India's repo rate cut, several public and private sector banks, including SBI, Bank of Baroda, and HDFC Bank, have reduced their lending rates across various retail loan segments. Here is the list of prominent banks that have reduced their home loan interest rates.
Edelweiss Mid Cap Fund only outperformer among 30 peers in April
In April, only Edelweiss Mid Cap Fund outperformed its benchmark, while 29 out of 30 mid-cap funds lagged behind. Top funds like HDFC Mid-Cap Opportunities, Kotak Emerging Equity, and Franklin India Prima failed to beat their indices. On average, mid-cap funds returned 3.81%, underperforming the Nifty Midcap 150 TRI (4.99%) and BSE 150 MidCap TRI (6.35%).
Mutual funds' cash kitty hits 15-year high. What it means for investors?
Mutual funds' cash holdings have surged to a 15-year high in March 2025, signaling fund managers' cautious approach amid limited attractive investment opportunities. This elevated cash level mirrors trends seen in 2011 and 2018, preceding Nifty rallies concentrated in large-cap stocks. Investors should temper return expectations and prioritize portfolio quality, asset allocation, and risk management.
Top 10 mutual funds to invest in May 2025
An online search would mostly take you to some websites with ready-made lists. Most often, the schemes may be shortlisted on the basis of their short-term performance. Sometimes, the schemes from a single category may dominate the list because that category happens to be the flavour of the season.
Home loan interest rates are decreasing after the Reserve Bank of India repo rate cut. Borrowers can save money by switching to the External Benchmark Lending Rate or EBLR. EBLR is more transparent and linked to the repo rate. Converting from older regimes like BPLR or MCLR can lead to substantial savings. Read below to know the full calculations.
Axis Bank Share Price Live Updates: Axis Bank Experiences Weekly Decline
Tata Consumer Share Price Live Updates: Tata Consumer's 1-Week Returns
BPCL Share Price Live Updates: BPCL's Weekly Performance Highlights
FD interest rate up to 8.70%: Shivalik SFB and IDFC FIRST Bank revise savings account and FD rates
Shivalik Small Finance Bank and IDFC FIRST Bank will revise interest rates. The change applies to savings accounts and fixed deposits. Shivalik SFB savings rates range from 2.50% to 8.20%. Their FD rates go from 3.50% to 8.20% for general citizens. IDFC FIRST Bank savings rates are between 3% and 7.25%. Their FD rates vary from 3% to 7.
Q4 results today: Marico, IOB among 37 companies to announce earnings on Friday
Marico and IOB are among 37 companies set to announce Q4 earnings on Wednesday. Analysts anticipate Marico's revenue to rise by 17% YoY, driven by price hikes and international growth. However, margin pressure is expected to limit profit growth to a marginal 3% YoY, with EBITDA estimated to increase by 4% YoY.
IndusInd Bank could tap Rajiv Anand for CEO role, sources say
On April 29, Kathpalia resigned from the position of IndusInd Bank CEO with immediate effect
One-time Investment For 20 Years: Mutual fund lump sum is a popular investment type for investors who have a large sum to deposit. The investment can grow by multiple times if one has a long-term investment horizon. Let's see how large a corpus can be built from Rs 4,00,000, Rs 9,00,000, and Rs 15,00,000 investments if one invests these amounts for 20 years and gets a return at different rates.
SIP vs PPF with Rs 1,40,000/year investment: Which can create a larger corpus in 18 years?
Deciding where to invest is a difficult choice to make when the investment option is a popular one. A Systematic Investment Plan (SIP) is a market-linked method of investing in mutual funds. It involves risk, yet holds chances that your investment can grow into a massive corpus.
With recent repo rate cuts by the RBI, home loan borrowers now have opportunities to accelerate their repayment. Strategies like utilising surplus funds for occasional prepayments, making fixed annual prepayments, or incrementally increasing EMIs can significantly reduce interest costs and shorten loan tenures. Read below to know how to use these strategies.
LPG gas cylinder prices cut: Check this major change from today; Prices in Delhi, Mumbai, Kolkata
New Tax Regime Calculations: New tax regime revised slab rates which came into effect on April 1, 2025, made income up to Rs 12,00,000 tax-free for non-salaried individuals. For salaried individuals, this limit is Rs 12,75,000. But your income of Rs 15 lakh, Rs 17 lakh, and Rs 19 lakh can also become tax-free if you include a few deductions to your salary. Know how it is possible-
No more paperwork! Open these Post Office Savings Schemes instantly with Aadhaar e-KYC
The Department of Posts is streamlining account openings for schemes such as Monthly Income Scheme (MIS), Time Deposit (TD), Kisan Vikas Patra (KVP), and National Savings Certificate (NSC using Aadhaar biometric authentication. This paperless process eliminates deposit slips and speeds up transactions.
RBIs bond forward directions to take effect from tomorrow
The Directions will help long-term investors such as life insurers to manage their cash flows and interest rate risk
Planning a home loan in May 2025? The Reserve Bank of India (RBI) has reduced the repo rate. The new rate is now 6.00%. This reduction may lower home loan interest rates.
Looking for a job after retirement? Here are some tips for you
Top 5 flexi cap funds with 5-year returns up to 35% as on Apr 23, 2025
Top 5 flexi cap funds with 5-year returns up to 35% as on Apr 23, 2025
How to decide between a multi-asset or balanced advantage mutual fund?
First-time investors seeking diversified exposure can opt for SIPs in multi-asset or balanced advantage funds. While both are hybrid, they differ in equity allocation flexibility, taxation, and asset base, offering tailored strategies based on market conditions.
From ATM fees to FD rates: Key financial changes effective May 1, 2025
Starting May 1, 2025, significant financial changes will impact banking, including revised ATM charges and deposit interest rates. The 'One State-One RRB' initiative consolidates regional rural banks to improve efficiency. RBI and NPCI have approved revised ATM interchange fees, while Shivalik Small Finance Bank, IDFC FIRST Bank, and RBL Bank have updated their savings and fixed deposit interest rates.
ATM withdrawals just got costlier: 5 key changes you must know
RBI starts unwinding short dollar book as OMO buys surge
The net-short dollar book stood at $64.2 billion in March, after hitting a record $88.8 billion the previous month, data from the Reserve Bank of India showed
Equity mutual funds offered up to 7% returns in April. Are there any included in your portfolio?
Equity mutual funds showed positive returns in April. Baroda BNP Paribas Focused Fund topped the charts with around 6.94% return. Invesco India Largecap Fund also performed well. HSBC Tax Saver Equity Fund and HDFC Value Fund also gave good returns. Several other funds from ICICI Prudential, Templeton, Invesco, Aditya Birla Sun Life, Mirae Asset, and Kotak also delivered positive results.
6 equity mutual funds outperformed their benchmarks in 5 years
We considered the schemes that had an up-capture ratio of more than 120.
Divorce: An husband who is working as an engineer in a government department faced humiliation and shock when his wife published two notices in newspaper saying that he is set to marry another women despite not been divorced with her. She however, could not prove in Court about the source of information for her husband's alleged 2nd marriage. Read below to know what husbands should note.
A slew of key financial changes have come into effect from May 1, 2025, impacting everything from ATM usage and railway travel to home loans and LPG prices.
Bank slashing FD interest rates to 2.75%. Where to park your money now?
With bank rates down to 2.75% on balances up to Rs 50 lakh. Clearly, keeping money idle in the savings account is a losing proposition.
Starting June 16, 2025, UPI transactions are set to become faster, with completion times reduced to as low as 15 seconds. NPCI's mandate aims to cut response times for most financial activities, including status checks and reversals, down to 10 seconds. These changes promise quicker transaction confirmations and a more reliable experience for customers. Read on to know how this will impact you while you undertake UPI transactions going ahead.
Bank holiday on May 1, 2025: Are banks open or closed today in your state?
Bank holiday today: Mark your calendars, banks across several Indian states will be closed today on May 1, 2025. This closure is due to Maharashtra Day and Labour Day. Digital banking will remain available for transactions. Plan your bank visits accordingly.
Bank credit growth decelerates to 12% in March
While credit growth in industry sector was flat, that in agri and allied activities sector declined by half
RBI lukewarm to the idea of IndusInd promoter raising stake in bank
The central banker would not be in a hurry to agree to the promoters plans amidst the investigations into the accounting lapses in the banks derivatives transactions
Bandhan Bank Q4 net jumps nearly 6-fold at 317.90 crore
Bandhan Bank witnessed a whopping increase in the net profit despite its operating profit falling a 15.29 per cent y-o-y decline in its operating profit
Federal Bank Q4FY25 net up 14% on growth in net interest and other income
The Banks Board recommended a final dividend of 1.20 per equity share of the face value of 2 each (60 per cent) for FY25
Finance Ministry invites applications for new SEBI whole-time member
The vacancy ad comes as WTM Ashwani Bhatias three-year term is set to end on May 31.
Best dynamic bond funds to invest in April 2025
Dynamic bond funds have the freedom to invest across securities and maturities depending on the outlook of the fund manager. So, when the rates go up, the fund manager might bet on short term securities as a rate hike will marginally impact them. When rates start falling, he will invest in long-term instruments to make money.
Customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs.
Top 5 Equity mid-cap with up to 36.83% returns in 5 years, as on April 23,2025
SBI cuts lending rates after RBI repo rate revision: Check latest interest rates
Multi asset category sees strongest inflows in March 2025: Motilal Oswal AMC Study
In Q1 2025, the Indian mutual fund industry witnessed significant shifts, with multi-asset funds leading hybrid inflows. While passive funds gained traction, debt funds experienced substantial outflows due to corporate tax payments. Overall AUM surged, driven by growing investor confidence and SIP contributions, reflecting a broader shift towards financial assets.
Hedge Funds vs Mutual Funds: 6 key differences to know
Hedge funds target high returns using risky, non-traditional strategies for wealthy investors, with limited regulation. In contrast, mutual funds cater to retail investors with safer, regulated options and transparent operations.
4 mid cap mutual funds which outperformed their benchmarks in 5 years
Most equity mutual funds underperform benchmarks, with only 1421% outperforming over five years. Information ratios remain low (00.2) for top midcap funds. SEBI mandates IR disclosure from April 2025.
Mark Mobius says his funds hold 95% in cash on trade war risks
Mark Mobius: Veteran investor Mark Mobius has allocated 95% of his funds to cash amid global trade uncertainty. He expects opportunities to emerge within 46 months, with India remaining a strong contender. He remains cautious yet optimistic on market rebounds.
Blending tradition with benefits! 5 reasons why to buy gold this Akshaya Tritiya
Akshaya Tritiya gold 2025: Gold prices have dropped nearly 5% ahead of Akshaya Tritiya, prompting experts to recommend staggered investments. With strong historical returns, portfolio diversification benefits, and rising central bank demand, gold remains an attractive asset amid ongoing market uncertainties.
IOC Q4 Results: Profit jumps 50% YoY to Rs 7,265 crore, recommends final dividend of Rs 3/sh
Indian Oil Corporation posted a strong 50% year-on-year jump in Q4FY25 net profit at Rs 7,264.85 crore. Revenue from operations stood steady at Rs 2.17 lakh crore. The board recommended a final dividend of Rs 3 per share for FY25. The record date for dividend eligibility will be announced later.
Adani Power Q4 Results: Cons PAT falls 4% YoY to Rs 2,637 crore, revenue up 6.5%
Adani Power Q4 Results: The company reported revenue of Rs 14,237 crore for the quarter ended March, marking a 6.5% year-on-year increase from Rs 13,364 crore in the same period last year.
Stocks to Buy | Resilience & Rebalancing: Indias market outlook with Rana Gupta
Rana Gupta says the next 90 days will be pivotal for global markets, marking the start of a broader shift in trade and investment flows. While India remains relatively resilient due to domestic buffers and minimal US export exposure, global volatility and macroeconomic headwinds will persist beyond this phase.
