Fintechs behaving like banks may have triggered RBI order on credit lines

For their part, fintech companies likened the order to giving traditional banks significant control of the sector's innovation stack, potentially affecting their business models.

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Important questions every investor needs to find answer to before they start investing

To embark on a successful investing journey, an investor much checklist these important questions

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The grass trap of seeing a single data point of equity returns and what you can do to escape it

How to analyse a equity fund, whether it would do a poor or stellar performance. Read more

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Form 16: What you should check in TDS certificate while filing ITR

Form 16 is one of the essential documents required to file income tax return (ITR). The TDS certificate (Form 16) has two parts and both the parts must bear the TRACES logo. One must note that at present ITR forms come with a lot of the information pre-filled. This makes it all the more important to check the information furnished in the TDS certificate.

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Banks holding on to subsidy share, say payments firms

The companies have written to the National Payments Corp. of India (NPCI), complaining that ₹700 crore of the ₹1,500 crore granted in the budget is being retained by banks.

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Apollo Global has a rethink on ARC JV with ICICI Bank, 'Looking to Exit'

The company has decided to henceforth invest in distressed assets through its AIF and will look for a buyer of its more than 90% stake in the ARC, five people familiar with Apollo's plans said.

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Short-term risk management must not hurt macro stability

The report said headwinds from monetary tightening, seen globally, are a concern. "Depreciation risk to rupee, however, still remains as long as net foreign portfolio investor (FPI) outflows continue in response to the increase in policy rates and quantitative tightening in advanced economies as they wage a prolonged battle to calm inflation," it said

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LVMH-backed L Catterton to step up India investments

L Catterton, backed by Paris-based luxury products giant LVMH Moët Hennessy Louis Vuitton, considers India as its high-priority market and ranks it above several other markets in Asia, managing director and head of South and Southeast Asia Anjana Sasidharan told ET.

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Tax optimiser: WFH perks, NPS can reduce Sharma's tax out go by Rs 84,000

Sudhir Kaushik of Taxspanner.com tells readers how they can optimise their tax by rejigging their income and investments.

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Apollo Global Management eyes L&T Finance realty loan book with $1 billion deal

The deal, pegged at $1 billion, will also will help L&T get cash upfront instead of through staggered payments, allowing it to deleverage its balance sheet, while the private equity group gets a portfolio of real estate assets with some first-loss protection as well as building a relationship with the engineering giant.

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Indian banks may join hands with Russia lenders not hit by sanctions

These Indian banks will likely open accounts at their Russian counterparts and vice versa, as decided last week in meetings held in New Delhi to ensure smooth trade flows without violating the economic sanctions on Russia over the Ukraine war. The Reserve Bank of India is expected to come out with an operational circular, paving the way for this.

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Tokenisation to catalyze India’s rapidly growing digital payment landscape

A recent study by ACI Worldwide and YouGov highlights that digital payments continue to govern the payment space in India, with 41% of consumers opting for it as a preferred transaction system, way ahead of cash which is 26%.

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Insurance regulator looks at premium financing proposal

A senior executive aware of the developments said the move is aimed at increasing insurance penetration, retention, reducing protection gap and also creating new avenues of consumer and corporate financing.

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