The Commerce Secretary expressed cautious optimism about the timeline while acknowledging potential challenges. "We expect that before the end of March, we should be able to finalise and sign the legal agreement.
In a stock market filing, SBI and Bank of Baroda have acknowledged that they have got notice from bank unions regarding the nationwide strike on Thursday 12 February, 2026.
Minister of State for Finance Pankaj Chaudhary informed lawmakers that 24,64,044 returns are still awaiting processing, which has delayed refunds for many taxpayers.
The updated system introduces Form 128, which taxpayers can use to request a certificate allowing TDS to be deducted at a reduced rate or not deducted at all for a specified period.
The strike is expected to involve participation from major banking organisations such as the All India Bank Employees’ Association (AIBEA), All India Bank Officers’ Association (AIBOA), and the Bank Employees Federation of India (BEFI), which are joining a broader protest led by trade unions across sectors.
The Nifty 50 index opened at 25,997.45, gaining 62.30 points or 0.24 per cent. The BSE Sensex began the session at 84,339.15, up by 65.23 points or 0.08 per cent.
The Government of India and the Reserve Bank of India (RBI) have taken various measures to strengthen cooperative banks' financial health, governance and digital inclusion along with enhancing deposit security, credit availability and prudent regulation, said Minister of State in the Ministry of Finance, Pankaj Chaudhary, in Rajya Sabha on Tuesday.
Under the base offer, the government will offload over 10.44 crore equity shares, while an additional 2 percent stake may be sold through the green-shoe option if investor demand remains strong.
As part of efforts to support business expansion, Urban Cooperative Banks (UCBs) have been permitted to open new branches, enabling wider outreach and improved customer access.
Entering your 30s is a crucial phase for building financial security and preparing for long-term goals. With growing responsibilities such as family needs, home ownership, and retirement planning, this decade requires disciplined saving, smart investing, and proper risk protection. Setting financial priorities — including creating an emergency fund, managing debt, securing insurance, and planning major life expenses — can help ensure stability and steady wealth creation over time. Thoughtful financial decisions in your 30s can lay the foundation for a comfortable and stress-free future.
The industry's average AUM stood at Rs 82,01,174.62 crore for the month. Investor participation remained strong, with total mutual fund folios increasing to 26.63 crore as of January 2026, reflecting the addition of 50.6 lakh net folios during the month.
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