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According to market regulator Securities and Exchange Board of India, MF investments in banking stocks reached Rs 48,419 crore (Rs 484.19 billion) as on May 31, accounting for 21.59 per cent of their total equity assets under management (of Rs 2.24 lakh crore or Rs 2.24 trillion).
Demonetisation could see anywhere between Rs 8 and 12 lakh crore coming into the banking system in the next few weeks.
Saradha scam accused Kunal Ghosh on Monday threatened to commit suicide if the CBI did not take proper action against 'those involved' within three days in front of a magistrate when he was produced before a city court.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
Increased demand for the dollar from importers affected the value of the rupee
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'Indian non-bank lenders stand exposed to a deteriorating credit quality environment.' 'Such a deterioration could put at risk the value of NCDs purchased by the mutual funds and expose investors in bond and liquid funds to a risk of capital loss.'
A 13-member group, headed by RBI Executive Director R Gandhi, has made various recommendations on G-Sec market, retail participation and interest rate derivatives market.
Worried over a spike in interest rates in the wake of steps to support the falling rupee, the RBI on Tuesday announced a slew of measures, including Rs 8,000 crore bond buyback, to ease liquidity and ensure adequate credit flow to the productive sectors of the economy.
Equity debt, gold - these all are terms you may have heard of when reading on funds but not quite sure where to start with or which one most suits your needs.
The Finance Ministry has been pitching for EPFO funds to be invested in the equity markets to maximise their yields.
Bankers have been criticised for not passing the benefits of rate cuts
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
Running a SIP plan for more than six years almost completely eliminates the chances of earning negative returns.
Currently, FPIs can invest up to $30 billion in Government securities, of which $5 billion is reserved for long-term investors.
As per the latest data available with the Securities and Exchange Board of India, there was a net outflow of Rs 59,726 crore (RS 597.26 billion) in June as against a net inflow of Rs 1,46,094 crore (RS 1,460.94 billion) in the previous two months.
The central bank measures though are also taking a toll on the banking sector, which is heavily reliant on short-term money markets for capital.
The deficit data was the latest in a run of positive signs for the sluggish domestic economy and could put India in a better position should the Fed start tapering, than in the summer when the rupee hit a record low.
The Reserve Bank of India is preparing a report on derivatives trading with an objective to bring harmony in regulatory aspects for over-the-counter and exchange traded products.
Reserve Bank of India on Friday said the inflation for the 2004-05 will be lower than estimated 6.5 per cent and the economic growth will be higher than projected 6-6.5 per cent.
The domestic currency has already dropped 44 paise, or 0.67 per cent, in the previous two sessions.
When selecting a liquid fund, stick to schemes with an AUM of above Rs 1,000 crore.
The rupee depreciated by 19 paise to trade at almost seven-month low of 61.94 against the US currency in early trade today at the Interbank Foreign Exchange on capital outflows amidst the dollar's gain against other currencies overseas.
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The worst performing Asian currency of the year so far hit a new life low of 61.80 rupees per dollar on Tuesday, breezing past a previous low of 61.21 hit on July 8. Central bank intervention helped the rupee recover, but by Wednesday it was sliding once again, to stand around 61.41 by 1.30 p.m.
Most money market players expect the Reserve Bank of India to keep key interest rates unchanged in its annual policy statement for 2005-06 (April-March), to be unveiled on April 28.
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