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3 firms emerge top bidders for EPFO funds

Asset management firms ICICI Securities Primary Dealership, Reliance Capital AMC and HSBC AMC have emerged as top bidders for managing the huge corpus of retirement fund body EPFO. The Employees'......

Reliance, ICICI to manage Rs 60,000 crore coal PF Fund

Reliance Capital Asset Management Company (RCAM) and ICICI Securities Primary Dealership have been selected to manage Rs 60,000 crore (Rs 600 billion) provident fund corpus of coal industry......

25-bp deposit rate hike likely this festival season

The Reserve Bank of India’s (RBI’s) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. Illustration: Uttam......

EPFO to appoint fund managers tomorrow, raise pension age

Retirement fund body EPFO is likely to appoint fund managers from Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60. Both the proposals will......

Banking liquidity deficit highest in over 3 years

The banking system neared Rs 1.47 trillion of liquidity deficit on Monday, the highest since January 29, 2020, when the banking system liquidity deficit went up to Rs 3 trillion. Illustration:......

Icici Securities Primary Dealership

News for Icici Securities Primary Dealership

3 firms emerge top bidders for EPFO funds

Reliance, ICICI to manage Rs 60,000 crore coal PF Fund

25-bp deposit rate hike likely this festival season

EPFO to appoint fund managers tomorrow, raise pension age

Banking liquidity deficit highest in over 3 years

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