Tata Mutual Fund has resumed acceptance of fresh lump-sum and switch-in investments in its Tata Small Cap Fund from April 6, after a temporary restriction imposed to manage liquidity and deployment challenges in the small-cap segment. The fund house had earlier limited lump-sum inflows amid concerns around deploying large sums efficiently in relatively illiquid small-cap…
The Pension Fund Regulatory and Development Authority (PFRDA) has approved Certified Financial Planner (CFP®) professionals as eligible Pension Agents under the National Pension System (NPS). This development expands the pool of qualified individuals authorized to distribute NPS, opening opportunities for 3,534 CFP® professionals in India to participate in pension distribution within PoP-led frameworks. It also…
Fixed deposit interest rates continue to vary significantly across banks, making it crucial for investors to compare options before locking in their savings. While small finance banks are offering relatively higher returns, public and private sector lenders are providing comparatively moderate rates. Fixed deposits (FDs) remain one of the most reliable investment options for conservative…
Market volatility has investors rethinking their portfolios, and JioBlackRock Asset Management believes largecap stocks offer a resilient anchor in uncertain times. In a recent conversation with CNBC-TV18, MD & CEO Sid Swaminathan explained why largecaps are currently appealing. He emphasised that investors should look beyond short-term market swings and focus on long-term investment goals. “Time…
Bank credit growth in India remained firm in February 2026, even as emerging risks persist, with multiple sectors contributing to the expansion, according to a report by CareEdge Ratings. Non-food bank credit grew 14.3% year-on-year in February, up from 11.1% a year ago, broadly in line with recent months, the report said. Retail lending supports…
Gold and silver prices in India edged lower on Tuesday (April 7), tracking global weakness as a stronger US dollar and elevated bond yields weighed on bullion demand. On the Multi Commodity Exchange (MCX), gold futures slipped 0.13% to ₹1.49 lakh per 10 grams (24-karat) around midday trade, while silver declined 0.29% to ₹2.32 lakh…
The Insurance Regulatory and Development Authority of India (IRDAI) has directed insurers offering products through digital platforms to review their systems and ensure compliance with guidelines aimed at curbing “dark patterns” in user interfaces. In a press release, the regulator referred to the guidelines issued by the Central Consumer Protection Authority (CCPA) on November 30,…
HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rates (MCLR) on select short-term tenures by up to 5 basis points (bps), offering marginal relief to a segment of borrowers. The revised rates come into effect from April 7, according to information published on the bank’s website. A basis point is one-hundredth of a…
InCred Alternative Investments has announced the final close of its maiden special opportunities credit fund at its hard cap of ₹1,500 crore, taking its total assets under management (AUM) in private credit strategies to over ₹4,000 crore. The fund, InCred Special Opportunities Fund-I (ISOF-I), is a Category II, close-ended Alternative Investment Fund (AIF). It received…
Axis Bank has rolled out a significant update to its Travel Edge rewards programme for credit cards. The changes go beyond routine tweaks—they reshape partner access, reduce conversion value in several cases, and tighten how rewards can be used. Here’s a breakdown of what has changed and how it may affect cardholders. What’s changed in…
