In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Private equity firms invested about USD 3.7 billion across 133 deals during the first quarter of 2018 as compared to USD 7.3 billion by way of 200 transactions a year ago.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
Wondering if you did the right thing with your mutual fund investments?
Now that you have clicked on this sensational headline do read what follows. It will not make you a millionaire in 15 days but lays a solid foundation for you becoming one.
PFRDA will invite bids to appoint pension fund managers.
The S&P BSE Sensex shed 286 points to close at 24,539 and the Nifty50 lost 100 points to end at 7,456.
Proper documentation can help take half the pain out of filing your income tax return, says Amar Pandit.
Managing your own money is empowering. And if you haven't started yet, now is the perfect time!
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Parekh ensures that he never forgets the importance of correctness.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Sensex rises, Nifty ends at record high; RIL shares rally.
If you are one of those who is now staring at your credit card bill and wondering how to go about it, here is the way out.
Close to a million small shareholders have stake in nine NCLT-bound companies
Couples, who plan money together, stay together and get rich together!
The rally in index heavyweight ITC has boosted the sentiment across the board.
In order to make your life a tad easier, here are some pointers on what needs to be done with inheritance of credit card debt.
Corrective measures are already being taken by fund managers - overall allocation to the IT firm has been pruned by 120 basis points, from 4.43 per cent in March to 3.24 per cent in July
'The rule for millennials is: You can have a career for life.' 'You have to constantly adapt to the needs of the industry to stay relevant.' 'The jobs will be the same, but the skill sets required will be different.' 'Technology will dominate the nature of jobs available in the future.'
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
Fund managers weren't too worried in 2014, as it was a year of positive surprises.
Sensex lacklustre, bluechips in focus.
Parekh said divestment can unlock huge funds.
In an online chat with readers on August 10, Vidya Bala, Vidya Bala, head of mutual fund research at FundsIndia, answered their queries. For hose who missed the chat, here is the transcript.
Work fetches money and that is what keeps us going. But how about money fetching more money? We plan to give you what you need to get started.
You start hearing financial jargons and promises of the moon from him
Salil Dhawan explains why you must invest early in life.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
RBI's surprise rate cut has revived sentiments of India Inc.
Simple takeaways from the Union Budget 2015-16 and how it impacts your life
A glance back at some of the important ups and down Indian Inc faced in 2018.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
Nifty snaps 10-day winning streak
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