Gold loans have emerged as the standout story in India’s retail credit market, but the surge is being driven more by rising gold prices than by a proportional increase in borrowers, according to TransUnion CIBIL’s March 2026 Credit Market Indicator report. The report shows that gold loan origination value jumped 108% year-on-year, while volumes grew…
RBI will mandate dynamic two factor authentication from April 1 to curb digital payment fraud, raising issuer liability and pushing banks, fintechs and merchants to adopt stronger security. By Anshul April 1, 2026, 8:07:27 AM IST (Updated) 3 Min Read Ram Rastogi, Chairman, Governance Council at FACE, said the ecosystem is at an inflection point…
As tighter digital payment authentication norms come into force from April 1, Razorpay, an omnichannel payments platform for businesses, has introduced a biometric ‘Passkey’ solution for card transactions, in partnership with Mastercard and with integration from Visa expected soon. The rollout coincides with the implementation of updated two-factor authentication (2FA) requirements by the Reserve Bank of…
A systematic investment plan (SIP) of ₹10,000 in the Kotak Midcap Fund has grown to about ₹1.59 crore over 19 years, according to data released by Kotak Mahindra Asset Management Company. The fund, which completed 19 years of operations, reported a compound annual growth rate (CAGR) of over 20% since inception under its direct plan…
India’s insurance sector is set to move a step closer to global financial reporting norms from Wednesday, April 1, as the Insurance Regulatory and Development Authority of India (IRDAI) rolls out its proposed transition to Indian Accounting Standards (Ind AS). The shift, outlined in a recent consultation paper, introduces frameworks such as Ind AS 117…
India’s move toward faster credit reporting is set to roll out in phases, with the Reserve Bank of India (RBI) laying the groundwork for more frequent updates to borrower data, though the transition to a fully weekly system will not take effect immediately. The central bank has issued multiple amendments to its credit information reporting…
A consumption-focused mutual fund has turned a ₹10,000 monthly SIP into about ₹62.9 lakh since inception, according to the latest factsheet from Mirae Asset Mutual Fund. The Mirae Asset Great Consumer Fund, launched in March 2011, has delivered an SIP return of around 15.4% since inception. A total investment of ₹17.9 lakh through monthly SIPs…
Zerodha Fund House has announced the launch of a new hybrid index fund that combines exposure to equities and government securities within a single passively managed scheme. The Zerodha Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index Fund tracks a composite index that allocates 70% to the Nifty LargeMidcap 250 Index and 30% to the…
From April 1, the Securities and Exchange Board of India (SEBI) has implemented a revised valuation framework for physical gold and silver held by mutual fund schemes, marking a shift in how exchange-traded funds (ETFs) calculate their net asset values (NAVs). The new rules mandate fund houses to use exchange-published polled spot prices—sourced from recognised…
The Central Board of Direct Taxes (CBDT) has notified amendments to the Income-tax Rules, 2026, revising provisions under Rule 128. The changes will come into effect from April 1, 2026. The notification, issued by the Ministry of Finance, introduces modifications to sub-rule (1)(d) and sub-rule (2) of Rule 128. Under the revised sub-rule (1)(d), income…
