Debt mutual fund (MF) schemes are set to register the best calendar year (CY) performance in the last four years despite no changes in the interest rate. An analysis of one-year performance of debt funds show that many of the schemes are set to deliver double-digit returns in CY 2024.
The two entities' combined distribution network would comprise 4,182 banking outlets and 476 ATMs across 34 states and Union territories of India, with more than 31,000 employees serving about 15 million customers across the country.
The volume of new fund offerings (NFOs) in 2025 will fluctuate based on market conditions. However, innovation is expected to continue unabated. With an increasing number of fund houses aiming to establish a presence in the 'factor' investing space and changes in fund-of-fund taxation providing more opportunities, several industry-first offerings are anticipated.
Send us pics of your Raksha Bandhan celebrations with your sibling and we'll publish the best ones.
'Value index funds are most appropriate for long-term investors who can withstand deeper drawdowns.'
"There is a special place in my life for my sister's affection and support. We are each other's friends and protectors. Best wishes to all of you on the occasion of Rakshabandhan today," Rahul Gandhi posted in Hindi on Facebook.
A young Indian man was arrested in Pakistan after illegally crossing the border to meet a Facebook friend he wanted to marry. However, the woman told police she was not interested in marrying him. The man, Badal Babu, was arrested in the Mandi Bahauddin district of Pakistan's Punjab province on December 28. He had crossed the border to meet his Facebook friend, Sana Rani. Rani, in her statement to police, said she had been friends with Babu for the past two-and-a-half years but was not interested in marrying him. Babu's family has appealed to the Indian government to intervene for his release.
Shares of state-owned bank stocks were under pressure on Monday due to muted deposit and credit growth numbers reported by these lenders in the October-December quarter (Q3) of 2024-25 (FY25). The Nifty PSU Bank index was down 4 per cent, with Union Bank of India emerging as the biggest loser as its shares fell 7.5 per cent to close at Rs 114.7, followed by a 5.7 per cent drop in shares of Bank of Baroda (BoB) to Rs 228 and a 4.7 per cent slide in shares of Bank of India to Rs 99.8 on the National Stock Exchange.
This recipe will take you back to your childhood.
Maharashtra deputy CM Ajit Pawar on Monday said he is not bothered about his criticism by others and is only concerned about what key leaders of the ruling Mahayuti alliance say.
Sukanya Verma quizzes you to find out just how much you know about the movies.
The Indian cricket team is currently in Sri Lanka but that didn't stop them from wishing their sisters via social media and take part in the celebrations.
Celeb-inspired ways to amp up your festive accessory game.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
The company is set to be India's first microlender to become a bank
Other reputed firms like McKinsey, Boston Consultancy Group, PwC, Ernst & Young and KPMG had also applied for getting the mandate from Bandhan.
According to a 2011 impact assessment study of the programme by Banerjee and Duflo, along with economists Raghabendra Chattopadhyay and Jeremy Shapiro, Bandhan's THP results in a 15 per cent increase in household consumption and had a positive impact on wealth and welfare, such as assets and emotional well being.
Shabana Azmi presents Mee Raqsam, Baba's directorial debut.
'It's advisable not to go overboard on a banking sector fund or any other sector fund.'
Bandhan Bank has declared disappointing results for the first quarter of the 2023-24 financial year (Q1FY24). While the market has been braced for known issues around microfinance exposures in West Bengal and Assam, there is higher stress in the portfolio. This means higher credit costs and poorer asset quality, leading to target downgrades by analysts.
Celebrating the brother-sister bond.
On this day, sisters tie a rakhi on her brother's wrist, symbolising the former's love and prayers for the latter's well-being.
The bank will have around 501 branches.
Most lenders that have reported their April-June business update posted slower growth in deposits sequentially as compared to the loan growth in the April-June quarter of 2024-25 (FY25). Current and savings account (CASA) deposits continue to face pressure. Private-sector lenders YES Bank, Bandhan Bank, and RBL Bank saw their deposit growth contract by 0.5 per cent, 1.5 per cent, and 2 per cent, respectively.
As Swades turns 20, Aseem Chhabra looks back at the film that spoke to him.
Our visa operations in Bangladesh constitute the largest visa operations India conducts worldwide. This has taken a hit after Sheikh Hasina's government was overthrown and India reduced its diplomatic presence in Bangladesh, notes Aakar Patel.
West Bengal Governor C V Ananda Bose reached Delhi on Monday night amid speculations that he may meet President Droupadi Murmu and senior leaders.
Bandhan Financial Services, the first microfinance institution in the country to win a bank licence, is also one of the youngest entities to be allowed to enter the banking space.
There are perks for banking with the newest bank in India.
Race for Asia's No. 1 MFI spot: Bandhan now closes in on Grameen Bank
The models at the Lakme Fashion Week are missing their brothers, they tell Rajesh Karkera/Rediff.com.
The Central Bureau of Investigation (CBI) on Tuesday dismissed a fake letter being circulated on social media in connection with the ongoing probe into the rape and murder of a trainee doctor at RG Kar Medical College in Kolkata.
The Kolkata Police on Tuesday began an investigation against RG Kar Medical College and Hospital's former principal Sandip Ghosh for his alleged involvement in 'financial irregularities' in the state-run health facility, a senior officer said.
With over Rs 15,000 crore in deposits, its strategy is a hit for now, but the real test will come when it starts lending to retail and corporate customers in a big way
Healthcare services remained affected at state-run hospitals in West Bengal as junior doctors continued their cease-work protest.
Raksha Bandhan celebrations calls for rich, sweet fare to toast our siblings.
Because it's all about loving your siblings.
One should not allow politics to enter home, Pawar, who is currently on a statewide 'Jan Samman Yatra', told Marathi news channel Jai Maharashtra.
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