AMFI data shows mutual fund investors are scampering for safety
‘Sell in May and go away.’ This is the mantra that was played out with credit risk funds and medium-term funds facing increased redemption pressure […]
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Consortium Provides Powerful Innovation Platform for Smaller Banks
Innovation is one of the fundamental requirements for banks and credit unions to remain competitive in the future. While the largest financial institutions have spent […]
Central bank cuts reserve ratios for small banks
The central bank announced it will lower reserve requirement ratios for small and medium sized banks which mainly serve local companies. The adjustment is part […]
Best mutual funds for a 28-year-old investor
I have done SIPs in the following funds for a cumulative amount of Rs 1 lakh: Franklin Build India Fund Franklin India Prima Fund ICICI […]
Term Insurance Plans with Return of Premium: Best for people looking for investment element in life insurance
For convenience of the customers, insurers have introduced various premium payment plans that offer great flexibility. The uncertainty and unpredictability of events in life are […]
Large banks more efficient, scope for more mergers in the sector: RBI study
The RBI analysis suggests that PSBs scored relatively better than other bank groups. Large banks tended to be more efficient than small banks as they […]
RBI plans guidelines for fintech firms to test services before rollout
New Delhi: The Reserve Bank of India (RBI) will issue guidelines within two months for fintech companies to test their new products on a small group […]
RBI likely to change disclosure norms for bonds
MUMBAI: The Reserve Bank of India (RBI) is likely to ease disclosure rules on the transfer of various categories of state government bonds held by high-street lenders, […]
CX Daily: Shanghai Stock Exchange Begins Accepting Applications for New Nasdaq-Style Bourse
Preparations for the launch of the new board have been fast-tracked since President Xi Jinping announced it in November. Photo: VCG New tech board receives […]
Yes Bank shares gain 4% on SEBI nod for mutual fund business
Signage for Yes Bank Ltd. is displayed at a branch in Mumbai. (Dhiraj Singh/Bloomberg) Shares of Yes Bank on Thursday rose by 4% after the company […]