You applied for an IPO, your banking app shows ₹13,428 “on hold”, and your available balance has dropped, yet nobody has taken the money. Then a week later it is either gone (because you got shares) or back (because you did not). That is ASBA at work. This guide explains how IPO money is blocked…
When Meena’s father died in 2024, his savings account named only her mother as nominee, and her mother had died two years earlier. What should have been a two-week claim turned into months of affidavits and a succession certificate. Since 1 November 2025, that gap can be closed. Under the Banking Laws (Amendment) Act, 2025,…
Your cousin in Dubai earns in dirhams, your uncle in New Jersey in dollars, and both ask the same question every few years: should we keep our savings in India, and if so, in rupees or not? An FCNR deposit is the answer many Indian banks are pushing hard this year. Two private banks alone…
Three lenders, three very different stories. IDFC First Bank nearly tripled its profit, Bank of India grew 25% while setting aside twice as much for bad loans, and AU Small Finance Bank posted a 53% jump. This roundup of bank Q2 results covers the numbers from Thursday, 23 October, and Saturday, 24 October 2026, for…
When RBI cut the repo rate by 1.25 percentage points between February 2025 and March 2026, banks passed on only about three-quarters of it to new loans. That is one finding in the RBI Bulletin October 2026, released on Friday, 23 October. The same issue warns that a renewed West Asia conflict has amplified inflation…
Two rulebooks RBI finalised on Friday, 23 October 2026, will not change your FD rate or EMI on Monday. They change how much capital your bank must hold from 1 April 2027. RBI issued final directions on the Leverage Ratio 2017 Standard and set the start date for a new way of measuring operational risk…
Kotak Mahindra Bank raised ₹55,344 crore in foreign-currency deposits from NRIs in three months, and that one number explains most of its September-quarter story. The bank’s Kotak Mahindra Bank Q2 results, approved by its board on Saturday, 24 October 2026, show standalone profit up 29% to ₹4,212 crore, cleaner loan books, and a lower interest…
Bidding is over, and the money is still blocked in your bank account. The Jio Platforms IPO closed on Friday, 23 October 2026, with bids for 22.19 times the shares on offer, according to NSE data reported by The Economic Times. The next step is the basis of allotment, due on or about Monday, 26…
Small-cap investors had their worst week in 20 months. In the four sessions from 19 to 23 October 2026, the Nifty Smallcap 100 fell 7.27% and the Nifty Midcap 100 lost 5.63%, while the large-cap benchmarks fell far less. This Sensex weekly wrap covers what happened, why, and what is on the calendar when markets…
There is no IBJA rate for today. The India Bullion and Jewellers Association does not publish its benchmark on Saturdays, so this gold silver price today report for 24 October 2026 uses two things: GoodReturns’ city retail quotes dated 24 October, and IBJA’s last fix, the Friday 23 October evening (PM) rate, as the benchmark….