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AMCs' contribution to backstop fund for debt MFs tops target
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:......
BharatPe Fraud: Ashneer Grover, wife Madhuri stopped at Delhi airport
BharatPe co-founder Ashneer Grover and his wife Madhuri Jain were stopped at the Delhi international airport following a look out circular issued against them in the alleged fraud at the fintech......
Steady NIM, credit costs may drive SBI's re-rating in near-term: Analysts
The stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. Photograph: Sudipta Banerjee/ANI Photo......
Are Markets In An Oversold Zone?
'Focus on 19,400/64,900 as the key resistance levels for the Nifty/Sensex.' Illustration: Uttam Ghosh/Rediff.com Rising bond yields, driven by hawkish central bank policies and flaring......
Analysts slash SBI Card's earnings estimates post Q2 result
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......
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