IOB to sell 92 NPAs worth Rs. 13000 crore, among biggest sales
In one of the largest sale of bad loans, state-owned Indian Overseas Bank has announced the sale of 92 NPA
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Banking Finance Year 2024
Home loan outstanding up by Rs. 10 lakh crore in last 2 years
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach
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Indian Bank posts 55% rise in Q4 net
Indian Bank has shown strong growth in its earnings and profit, with a net profit increase of over 50% for
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UCO Bank lines up Rs. 1,000 crore to modernise its IT systems
Public sector lender Uco Bank plans to spend Rs 1,000 crore in the financial year 2024-25 to boost Information Technology
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Bandhan Mutual Fund files draft document for Nifty 500 Value 50 Index Fund
Bandhan Mutual Fund has filed a draft document with Sebi for Nifty 500 Value 50 Index Fund. Bandhan Nifty 500
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Mutual funds collection through NFOs up 6.5% at Rs 66,364 crore in FY24
Asset management companies (AMCs) floated 185 new fund offerings mobilising Rs 66,364 crore in 2023-24, marking a 6.5 per cent
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Mutual Funds SIP investments rise to Rs 2 lakh core in FY24
Buoyant economic outlook and increased market participation helped drive the inflows in the mutual fund industry through systematic investment plans
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Kotak Mutual Fund files draft document with Sebi for special opportunities fund
Kotak Mutual Fund has filed a draft document with Sebi for a special opportunities fund. Kotak Special Opportunities Fund will
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Hybrid mutual funds stage comeback; see Rs 1.45 lakh crore inflows driven by arbitrage investments
Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments, driven by substantial
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Govt invites bids for first commercial crude oil storage
India, the world’s third biggest oil consumer and importer, plans to build its first commercial crude oil strategic storage as
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