High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
In the April-June period, bond yields rose by 30 bps.
'We may bite the bullet and draw up plans for privatisation.' 'If that is done now, the sale of the government stake will fetch money; a delay will see erosion in whatever value is left in these banks,' says Tamal Bandyopadhyay.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
At a pre-Budget meeting, the FM was asked to ensure that NBFCs come out of the liquidity crisis they are facing with the help of RBI. They also spoke about the futility of trying to achieve a 3 per cent fiscal deficit target over the medium term.
Indian retail investors continue to sell gold ETFs.
Because of local and global problems, inflation pressures may continue, helping these schemes perform better.
'We still need a certain number of large public sector banks for financial inclusion and stability purposes.'
Over 700,000 new investor accounts have been opened so far in FY15.
Moratorium was only a temporary reprieve to borrowers affected by the pandemic, adding that a longer moratorium period exceeding six months can impact credit behaviour of borrowers and increase the risks of delinquencies post resumption of scheduled payments.
Generally, the central bank grants its approval by mid-March, or latest by March 31, but most banks have not received RBI approval on bonus packages this year.
Given its features as a retirement product (long lock-in and compulsory annuitisation), investors should have other investments they can fall back on in case they need funds
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
HDFC MF witnessed 17% rise in investment in its schemes to Rs 6,462 crore by group companies during May.
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
Public sector Punjab National Bank on Friday said it had no plans to raise the rate of interest on home loans, after two leading private sector banks hiked interest rates by 0.5 per cent across the board.
Yes Bank was the biggest gainer in the Sensex pack, rallying 11.48 per cent amid reports that private equity firms have showed interest in buying a major stake in the private sector lender.
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
What connects P S Jayakumar of Bank of Baroda, V Vaidyanathan of Capital First Ltd and Chandra Shekhar Ghosh of Bandhan?
Restrict investment to Rs 50,000 for tax benefits, experts tell Sanjay Kumar Singh, but caution that taxation at maturity and compulsory annuities are dampers.
The companies that have seen sharp erosion of market wealth include YES Bank, Indiabulls Housing Finance, Zee Entertainment, Vodafone Idea, and Bharat Heavy Electricals.
In a chat on rediff.com, Feroze Azeez offered valuable tips.
Birla Sun Life Mutual Fund, which manages assets over Rs 9,000 crore (Rs 90 billion), is eyeing acquisition and targets to grow by over 30 per cent this fiscal.
These consistent performers are expected to maintain momentum.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
'... Whether an incumbent is voted back or a coalition forms a new government except for a temporary disruption for a few weeks.'
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
While there is easy access to money, the flip side is the high interest rate and processing fees, points out Sarbajeet K Sen.
Raghavendra Kamath reports on what ails India's real estate sector.
Raghuram Rajan's 'surgery' uncovers more bad loans
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
Market participants are hoping for a few tweaks on the taxation front which will encourage consumers and businesses to spend.
Operational income not covering even their interest expenses, finds study; analysts say if economy turns around, new equity issuances an option
Nearly three-fourths of the debt money, as of April 30, 2019, was invested in securities with duration of less than three years.