YES BANK TRANSACTIONS
ITR deadline: Do I need to file ITR if my salary income is less than Rs 3 lakh? Know when you need to file ITR
With the ITR filing deadline of September 15, 2025, fast approaching, the Income Tax Department is sending reminders. Filing is mandatory if your income exceeds ₹3 lakh under the new regime or Rs 2.5 lakh under the old regime, as per FY 2024-25 rules. Even with income below the limit, certain transactions or refund claims necessitate filing.
Bank holiday for Onam, Eid-e-Milad: Are banks open or closed in your state tomorrow for these festivals?
Bank holiday: Banks in Kerala will be closed on September 4, 2025 and September 5, 2025, for Onam. Several other states will also observe bank closures on September 5, 2025 for Id-E-Milad and Thiruvonam. While branch services will be limited, digital banking options remain available for most transactions. Customers are advised to plan accordingly for any branch-dependent tasks.
Mizuho’s India deal with Avendus is said to stall on valuation
Mizuho Financial Group's attempt to acquire a majority stake in Avendus Capital has encountered obstacles due to disagreements over valuation and KKR's exit strategy. Despite the current challenges, negotiations are still in progress, with both parties striving to finalize the deal. This potential acquisition follows Sumitomo Mitsui's investment in Yes Bank, highlighting Japanese lenders' growing interest in the Indian market.
Yes Bank shares jump 2% following CCI’s approval for SMBC stake acquisition
Yes Bank's shares experienced a 2% surge following the Competition Commission of India's (CCI) approval for Sumitomo Mitsui Banking Corporation's (SMBC) proposed stake acquisition. SMBC will acquire the stake through a secondary purchase from State Bank of India and seven other Indian banks. The completion of the transaction is still subject to customary closing conditions.
Make GST payments only by e-rupee, tokenisation can achieve total transparency
To enhance the Goods and Services Tax (GST) system, the GST Council should mandate e-rupee use for payments to curb input tax credit fraud via blockchain technology. Luxury goods need precise classification, avoiding confusion with premium items, while 'sin' goods require clear definitions to prevent smuggling.
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These 9 banking stocks can give up to 32% returns in 1 year, according to analysts
When it comes to banking sector stocks, learn to deal with two opposite views on the street. Over the next few months, you will hear news of how bank margins have come under pressure. Ignore those headlines, Why? The fact is that, whenever the interest rate cycle turns down, there is a phase when banks see some margin compression. So it is a cyclical phenomenon, and does not change the macro story about why banks should be a part of your portfolio. And the macro story is that banks are the best play when it comes to the growth of the Indian economy.
YES Bank revises salary account charges from October 1: ATM fees, debit card charges & other key changes you must know
YES Bank has revised its smart salary schedule of charges. The changes apply to customers holding Smart Salary account variants such as Smart Salary Advantage Account, Smart Salary Exclusive Account, Smart Salary Platinum Account and Smart Salary Platinum Pro Account.
Labor Day 2025 Delaware: What’s open and closed on September 1, government offices, public transport and more
As the nation marks Labor Day 2025 on Monday, September 1, Delaware residents are preparing for parades, family picnics, and seasonal celebrations. The federal holiday, dedicated to recognizing the contributions of American workers, also brings adjusted schedules for banks, retail stores, postal services, and state offices.
Are Walmart, Publix, Target, and Kroger open on Labor Day 2025? Here’s the full list of store hours for Monday, September 1
Need last-minute groceries for the cookout? Labor Day 2025 falls on Monday, September 1, and while some big-box retailers like Costco will shut their doors, others — including Walmart, Publix, Target, and Kroger — are keeping shelves stocked for shoppers. Here’s the full list of which grocery and retail stores are open, which are closed, and what hours you can actually count on this holiday.
Labor Day 2025: What’s open and closed in New York on September 1 - grocery stores, banks, subway stations & more
The federal holiday celebrates the nation’s workforce and the achievements of the American labor movement. It also marks the symbolic close of summer, offering one last long weekend before the new school year begins.
Monthly UPI transactions cross 20 billion for first time in August
According to data shared on social media by the Department of Financial Services, the total UPI transaction count touched 20.01 billion in August 2025. UPI recorded 20.01 billion transactions amounting to Rs. 24.85 lakh crore. The year-on-year (YoY) growth stood at 34% in transaction count and 21% in transaction amount.
Could Quantum Computers break Ethereum by 2030? Ethereum co-founder Vitalik Buteri warns crypto security is on the brink—are your assets safe?
Ethereum and Bitcoin face a potential quantum threat: Vitalik Buterin estimates a 20% chance that quantum computers could break modern crypto encryption by 2030. Here's which crypto assets are most vulnerable, the potential impact on transactions, and why the industry is racing to secure digital holdings before the threat arrives.
These 8 banking stocks can give more than 30% returns in 1 year, according to analysts
On Tuesday, it was the banking sector which led the decline in the market. The overall decline was largely due to the street finally waking up to the fact that the additional 25% US tariff hike was inevitable. So, does it mean banking is the sector which is going to be hit the most? The answer is no. Financial services is probably one sector which will have the least direct impact of the US tariffs on its business. But when it comes to stocks, there is a relationship between what is happening and what might happen.
Tanvir Singh launches TrusTerra, an AI-backed deeptech platform for used EVs; targets Rs 500 cr market cap
The platform introduces TruEV Score to bring trust, transparency, and liquidity to India’s pre-owned EV market.
Earned money from Dream 11, Rummy, other real money gaming apps? File ITR now to report this income or risk tax notice and likely prosecution
Income from online real money games like Dream 11 and Rummy is taxable, necessitating ITR filing. Even small winnings are subject to a 30% tax rate, and TDS is deducted by gaming platforms. Failure to report such income can lead to tax notices and potential prosecution, emphasizing the importance of compliance.
Yes Bank shares rally 5% as RBI clears SMBC stake acquisition
Yes Bank share price: Yes Bank said that the Reserve Bank of India (RBI) has cleared Sumitomo Mitsui Banking Corporation’s (SMBC) plan to acquire a significant minority stake in the lender. However, the regulator clarified that SMBC will not be categorised as a promoter post this deal. The Japanese banking major aims to increase its holding in Yes Bank to 20% through a secondary market purchase.
The Economic Times Startup Awards 2025: Nominees for Best on Campus and Comeback Kid
We are excited to bring you the 11th edition of The Economic Times Startup Awards (ETSA). In the run-up to the coveted honours, we have the nominees for the Best on Campus and Comeback Kid categories for you today.
Fintech startup Kiwi secures $24 million from Vertex Ventures and existing investors
Fintech startup Kiwi secured $24 million in funding led by Vertex Ventures Southeast Asia and India to launch credit lines on UPI. Kiwi, which already issues RuPay credit cards, plans to leverage the new capital to expand its offerings. The company aims to capitalize on the growing adoption of UPI and the increasing demand for credit products in India.
Dim Sum bonds: Is there more to them than meets the eye? Understand these bonds because you might hear more about them
Dim Sum bonds are offshore renminbi (RMB) bonds, mainly issued in Hong Kong, that allow global borrowers to raise RMB outside China’s capital controls. First popularised in 2010, the market has since grown into a mainstream funding channel for sovereigns, corporates, and financial institutions. Lower Chinese interest rates, stronger RMB liquidity pools, and better hedging tools have taken issuance to record levels and made the market more stable and strategic. Is this the start of a trade where Chinese currency gets accepted more as a medium of exchange? And should they be a bigger worry of President Trump than anything else?
RBI greenlights SMBC plan to buy up to 25% in Yes Bank
The Reserve Bank of India has approved Sumitomo Mitsui Banking Corporation's (SMBC) application to acquire up to 24.99% stake in Yes Bank, clarifying that SMBC will not be classified as a promoter. SMBC is set to initially acquire a 20% stake from existing investors, including SBI and other private banks, valued at ₹13,500 crore.
Anil Ambani now faces CBI heat in alleged bank fraud case; premises linked to ADAG raided
The CBI has searched Anil Dhirubhai Ambani Group premises concerning an alleged bank loan fraud, following an FIR registration. This action follows the ED's questioning of Anil Ambani in a money laundering probe related to loans taken by Reliance Home Finance, Reliance Commercial Finance, and RCom.
SBMC receives RBI nod for 25% stake acquisition in Yes Bank, not to be classified as promoter
The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation's (SMBC) acquisition of up to 24.99% stake in Yes Bank, though SMBC won't be classified as a promoter. This follows SMBC's plan to increase its holding to 20% through a secondary purchase from State Bank of India and seven other shareholders.
ADAG-Bank Fraud Case: CBI searches underway in premises linked to Anil Ambani & RCom
The Central Bureau of Investigation is probing Anil Dhirubhai Ambani Group for alleged bank fraud. CBI teams searched Mumbai locations, including Anil Ambani's premises. The investigation follows a 2022 enquiry into Yes Bank loans to ADAG firms. The Enforcement Directorate is already investigating the group for alleged money laundering.
Chartered Accountants caution joint bank account holders about this critical issue with tax rules that can lead to tax notices
Chartered Accountants highlight a critical issue with tax rules. Rule 114E(2) causes duplicate reporting for joint account holders. This leads to unnecessary tax notices, especially for non-filers. Experts suggest reviewing AIS/TIS and reporting income correctly. Taxpayers should maintain records of investments. The current system needs a fix to avoid penalizing joint holders, particularly senior citizens.
SBI credit card rule change: No reward points on digital gaming platform spends
SBI Card is revising its rewards program, effective September 1, 2025, discontinuing reward points for select cardholders on digital gaming and government transactions.
These 8 banking stocks can give more than 26% returns in 1 year, according to analysts
Banking is a rare sector in which there is a probability of finding stocks with positive one-year returns. Yes, in the last one year, banking sector stocks (barring small finance banks) have been silent outperformers. As far as the street is concerned, they have been able to manage attacks by bears pretty well. On the real business side, they clearly have been able to control their non-performing assets, or NPAs. Yes, credit growth is not up to the mark, but that is fine; it will get there sooner than later. And we have our reasons for saying so.
Is AI here to take our jobs? India’s AI ambitions take centre stage at ET Soonicorns Summit 2025 with leaders decoding jobs, moats, and sovereignty
The fourth edition of India’s largest soonicorn congregation unveils its most ambitious agenda yet—dissecting whether AI will destroy or create jobs, how Indian startups can build defensible AI moats, and the critical question: Can India build its own ChatGPT? From a unicorn founder delving into building an indigenous stack to how AI has changed retail as we knew it, Bengaluru hosts the definitive conversations shaping India's AI trajectory on August 22.
UPI transactions surge in 2025, daily average value crosses Rs 90,000 crore in August: Report
UPI transactions in India have surged in 2025, reflecting a significant expansion in both value and volume. Average daily transaction values climbed steadily, reaching Rs 90,446 crore in August, while transaction volumes hit 675 million. Maharashtra leads state-wise UPI adoption, indicating a widespread shift towards digital payments across the nation.
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