SEBI Proposes New Mutual Fund-PMS Category, Lowers Entry Bar to ₹25 Lakh
The Securities and Exchange Board of India has proposed a Mutual Fund-Portfolio Management Services (MF-PMS) category. The framework reduces the minimum investment threshold to ₹25 lakh, lowers capital requirements for managers, and eases compliance to widen access for mass-affluent investors.
RBI revises guidelines for bank boards; strategic and risk management issues to get more focus from October 1
The Reserve Bank of India has issued revised guidelines for bank boards to ensure better utilization of their time on strategy and risk governance. Effective October 1, 2026, the new norms require boards to clearly define matters for approval and periodically review delegated powers.
Do You Need Life Insurance After 60? The Math Behind a 30-Year Retirement Plan
With rising life expectancy and climbing medical costs, experts say life insurance remains essential for senior citizens past the age of 60. Far from being an unnecessary expense after retirement, it serves as a critical tool to ensure financial independence and dignified living during the twilight years.
Get ₹2 Lakh Life Cover for Just ₹436; Know Registration, Claim Process
The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) offers an affordable safety net for India's low-income and unorganized sector workers. For an annual premium of just ₹436, the government-backed social security scheme provides a life cover of ₹2 lakh, securing millions of vulnerable families against sudden financial crises.
Paytm Launches Pocket Money Feature: Teens Can Now Make UPI Payments Without Bank Account
Parents get full control with monthly limit of ₹15,000 and real-time tracking, aiming to offer safer digital payments for children while teaching financial responsibility.
Credit Score Benefits: Why maintaining a high score is vital even without loans
Financial experts warn that ignoring your credit profile can lead to serious hurdles during emergencies; discover why a strong score is your most valuable asset even if you have no immediate plans to borrow money.
PSU Banks Record Profit: SBI Leads History With ₹1.98 Lakh Crore Surge
India’s state-owned banks achieve a historic milestone in FY 2025-26, recording an 11.12% growth in net profits as the State Bank of India maintains its dominant position in the banking sector’s massive financial rally.
8th Pay Commission: Central Employees Expect 3% DA Hike in July Cycle Following AICPI Growth
Millions of central government employees and pensioners are set for a financial boost as latest inflation data suggests a likely 3% increase in Dearness Allowance, while the 8th Pay Commission intensifies nationwide consultations with stakeholder groups.
Mutual Fund Investment: Key Differences Between SIP, Lumpsum, STP, and SWP Explained
Mutual Fund Investment Guide: A practical breakdown of mutual fund investment strategies to help retail investors choose the right path based on their financial goals and risk appetite.
6 Govt Schemes Offering Up to 8.2% Fixed Returns: A Complete Guide for Indian Investors
For risk-averse investors seeking secure and steady returns on their hard-earned money, several government-backed schemes are currently offering interest rates of 7.5 per cent and above, combining capital safety with tax benefits in select cases.
