Mumbai: India's pension fund regulator will soon invite applications from pension fund managers (PFMs) to bid for managing schemes of the National Pension System (NPS) and may use a new method to select them. A request for proposal will be issued ... Livemint.com, 1 week ago
Huge sell-off across the globe led by Chinese equities meltdown and geo-political tension between South Korea and North Korea raised the concerns of investors, denting domestic equity markets that witnessed panic selling pressure on Monday.Financial Express, 5 days ago
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh. The Reserve Bank of India (RBI) on Wednesday allowed 11 business houses, including Reliance Industries, the Aditya Birla group and leading telecom companies Airtel and Vodafone to start payments banks. Bharti Airtel and Reliance Industries had earlier tied up with Kotak Mahindra Bank and State Bank of India, respectively, for payments bank operations. The Reliance-SBI payments bank has an ...Rediff.com, 1 week ago
2:57 p.m.: Markets came off the intraday high levels, the Sensex was up 65 points at 28,288 and Nifty was up 16 points at 8,583 2:45 p.m. PSU banking index, CNX PSU Bank index, up over 1 per cent. Government fund infusion plan credit positive for ...NDTV Profit, 3 weeks ago
Mumbai: The increase in provisions by private sector banks in the quarter ended June should not be read as an early indicator of a likely rise in non-performing assets (NPAs) for these banks, analysts said. Rather, by setting aside higher amounts ...Livemint.com, 3 weeks ago
5:00pm: The rupee closes weaker against the US dollar at 63.51, down 0.15% from its previous close of 63.42. 3:30pm: The S&P BSE Sensex closes at three-month high of 28,446.12, up 0.88%, or 247.83 points, while the CNX Nifty rises 0.99%, or ...Livemint.com, 1 month ago
As a potential solution for reducing India's expanding gold import bill, finance minister Arun Jaitley had proposed the introduction of gold bonds as an alternative to investment in physical gold, along with a gold monetization scheme in which ...Livemint.com, 2 months ago
on your WebpageAdd Widget >Get your members hooked!