Mutual Fund vs stocks: Which is better for investment in 2021 Mutual fund penetration in the Indian markets is low when compared to its global peers. However, the long term …
Finance
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On November 12, the Finance Minister announced some income-tax relief for home developers and buyers. The differential between the circle rate and the agreement value – to sidestep tax under …
- Finance
PMC Bank restrictions extended by 3 more months; RBI says bank needs more time for reconstruction
Meanwhile, the regulator has also extended the restrictions placed on PMC by three months till March 31, 2021, until the proposals are studied. The Reserve bank of India has further …
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I bought a flat (first-time home-buyer) in August 2019 for ₹58 lakh. I have taken a home loan of ₹40 lakh, with my wife as co-applicant. I paid the remaining …
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Meanwhile, the regulator has also extended the restrictions placed on PMC by three months till March 31, 2021, until the proposals are studied. The crisis ridden Punjab and Maharashtra Co-operative …
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If you live and work abroad and the pandemic has wrecked your finances, one fall-back option you could consider is selling a house you may have invested in, back home. …
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RBI has sought transfer of all the petitions to the Bombay HC to avoid multiplicity of proceedings and conflicting judgments. The Supreme Court on Friday sought response from various shareholders …
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The Covid-19 pandemic has taught people the importance of insurance . If one falls sick and is in need of hospitalisation, not having an adequate health insurance plan can impact …
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DHFL had total assets amounting to Rs 79,800 crore as of March 2020, as per its annual report. By Ankur Mishra, The committee of creditors (CoC) of Dewan Housing Finance …
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Following the RBI’s sharp 75 basis point (bps) cut in March and another 40 bps cut in May, the repo rate has come down from 5.15 per cent at the …
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A consortium with Canara Bank as a leader and 13 other banks was formed in 2013 and the total limit sanctioned was Rs 4,765.70 crore. (Reuters Image) Transstroy India, the …
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Banker Balu’s long spell in front of the TV provoked his daughter Malathi into asking some questions. Malathi: Dad, for God’s sake, stop watching that boring stuff and let me …
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While the overall lending rates have declined when we look at the headline rates, the transmission is probably slower when we look at various products or risk segments. The distressed …
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Until a few years ago there were no options to get a sum insured (SI) of over ₹5 lakh in health insurance in India. Today, there are a handful of …
- Finance
Interview| We need both NBFCs and banks to grow: Rashesh Shah, chairman and CEO, Edelweiss Group
Rashesh Shah, chairman and CEO, Edelweiss Group Non-banking financial players have hurtled from one crisis to another. Rashesh Shah, chairman and CEO of Edelweiss Group, in an interview with Malini …
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The new peak margin rules of the Securities and Exchange Board of India (SEBI) announced through a circular in July became effective on December 1. This could mean an end …
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ICICI Bank said it will acquire 9.09 per cent stake in MESPL for cash consideration of Rs 4.5 crore. ICICI Bank on Tuesday launched an online platform to enable foreign …
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I am an IT employee working in Bengaluru. I used to buy tax-saver FDs every year to save taxes on income up to ₹1.5 lakh. I heard about PPF, NPS …
- Finance
RBI’s new draft on dividends to make NBFCs balance sheet strong, create surplus for fresh loans
As the risk profile of NBFCs is changing at a fast pace, there was a need for a regulatory framework for dividend declaration. RBI’s latest draft on the declaration of …
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Investors in six debt schemes of Franklin Templeton Mutual Fund have had to face torrid times for seven months after the fund house dropped its bombshell in April on plans …
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The meetings were also attended by deputy governors of RBI. The governor of the Reserve Bank of India (RBI) held meetings with the chiefs of public sector banks and some …
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These neighbours’ daily routine of watering plants lead to a conversation on how a no-claim bonus works Bindu: Soon these plants will start flowering — a reward for all the …
- Finance
JPMorgan and Citigroup join U.S. corporations halting political donations after Capitol riot
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., second left, listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, April 10, 2019. Andrew …
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BI then issued a recall notice on June 1, 2018, requiring Supreme Manor to make the payment of the loan to the extent of Rs 160.81 crore as on January …
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I am 34-year-old, single, male, earning ₹30,000 per month. I don’t have term insurance . I searched some term plans on internet and other sources and got confused and can’t …
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Traders work on the floor of the New York Stock Exchange. NYSE Stock futures dipped in overnight trading Sunday as investors assessed the outlook for more Covid-19 relief stimulus. Futures …