Punjab National Bank to open representative office in Dubai
Punjab National Bank plans to open a representative office in Dubai, as part of its plan to expand its global
Read more
Banking Finance Year 2024
PM Modi lauds turnaround in banking sector
Prime Minister Narendra Modi said that the banking sector has witnessed a remarkable turnaround in the last 10 years. “In
Read more
Ex- cabinet secretary Pradeep Kumar Sinha is new ICICI chief
Former cabinet secretary Pradeep Kumar Sinha will take over as chairman of ICICI Bank from G C Chaturvedi, who retires,
Read more
Challenge of NPAs in the Indian Banking Sector
India has a long history of venerated banking system of over 200 years,in which banks have been playing a pivotal
Read more
Equity MF inflows fall 16% in April; small cap and debt schemes back in demand
The inflows in equity mutual funds dropped by approximately 16% in April, shows data released by Amfi. The inflows in
Read more
SBI Mutual Fund files draft with Sebi for innovative opportunities fund
SBI Mutual Fund has filed a draft document with Sebi for an innovative opportunities fund. SBI Innovative Opportunities Fund will
Read more
Incomplete KYC: 1.3crore investor a/cs on hold
KYC registration entities, KRAs in market parlance, said out of nearly 11 crore investors under Sebi’s regulatory purview, about 1.3
Read more
MF industry assets grow 35% in FY24
The mutual fund industry’s assets under management grew by 35% in FY24, recording the highest gain since fiscal FY21 when
Read more
Shares given as gift may escape capital gains tax
If shares are transferred as a gift, there may not be capital gains tax on them, provided a recent Bombay
Read moreIndia will be world’s 3rd largest economy irrespective of who’s PM: Chidambaram
Terming Prime Minister Narendra Modi a “master of exaggeration” for “turning an arithmetic inevitability into a guarantee”, senior Congress leader
Read more