Akshata Murty, Britain's incoming Prime Minister Rishi Sunak's wife whose tax status on income from outside the UK had triggered a controversy, earned Rs 126.61 crore ($15.3 million) in dividend......
The winners of the Natural History Museum's prestigious Wildlife Photographer of the Year competition were announced at an awards ceremony in London recently. American Photographer Karine Aigner......
'Our unsecured loan is not exactly unsecured. It is backed by cash flow of customers.' Illustration: Dominic Xavier/Rediff.com IDFC First Bank is planning to grow the advances by 20 per cent and......
'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.' Illustration: Dominic Xavier/Rediff.com Microfinance institutions (MFIs) have become......
The contribution from asset management companies (AMCs) has surpassed the Rs 3,000 crore target for the creation of a Rs 33,000 crore backstop facility for debt mutual funds (MFs). Illustration:......
Poor earnings show in the September quarter (Q2FY24), with hints of likely weakness in asset quality going ahead, forced analysts to cut earnings estimates of SBI Cards and Payment Services (SBI......
Fund houses are exploring ways to differentiate themselves in the hybrid space. Illustration: Uttam Ghosh/Rediff.com A relatively unknown hybrid fund variant, Balanced Hybrid, is about to see its......