Outperforming peers following a crisis in the debt markets is an act that ICICI Prudential Asset Management Company fund manager Manish Banthia has pulled off more than once.
Financial planners advise against putting capital to work by anticipating what might go up or down.
Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.
Most of the NBFCs do not take public deposits but that does not mean they cannot create systemic risks. The banking system has at least Rs 57,000 crore exposure to IL&FS. Haven't the banks invested public money in IL&FS papers, asks Tamal Bandyopadhyay.
Only NIIF has stayed the course as a viable infrastructure financing institution.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
NBFCs are facing the heat of a crisis at IL&FS, which defaulted on repayment of its commercial paper dues, leading to a contagion effect in the sector.
In October, the contribution through SIPs rose to Rs 79.85 billion, up 42% compared to the same month last year.
Two young men jostle in a rickshaw as it clatters along a narrow, bustling lane of North Kolkata, each with a leg dangling over the side of the vehicle, a bulging sack of cosmetics nestled between them. The protagonists here are the founders of Emami - Radhe Shyam Agarwal and Radhe Shyam Goenka - childhood friends who gave up cushy corporate jobs to build a fast-moving consumer goods (FMCG) company. From a 200-square-foot rented space on Muktaram Babu Street in North Kolkata, brand Emami stepped into the competitive world of FMCG 50 years back, armed with just three products: Vanishing cream, talcum powder, and cold cream.
'For the same level of return, you can reduce portfolio volatility significantly with a 10% to 15% exposure to international funds.'
The CII delegation includes many eminent names.
Banks can collapse, markets can be rigged, investment instruments can become worthless overnight, auditors can fail to blow the whistle, board directors can be asleep, and regulators can be incompetent, notes T N Ninan.
Fund managers's compensation is largely tied to the assets they manage and scheme performance.
'One of the ways to do that is to ensure that NBFCs have got liquidity.' 'If we don't do that, this mood of gloom will continue.' NBFCs need to be provided with liquidity if they have to start lending.
To ensure transparency, the Third Eye Cinema Fund has roped in various agencies as auditors and advisors.
It had entered the segment by pumping in over $290 million.
Ajay Piramal bets highly on infrastructure, realty
From the BSE 30-share blue chip pack, 27 scrips ended with losses led by SBI and Tata Steel.
An additional factor spurring the FMP launches is MFs' desire to retain investors as many such offerings are set to mature over the next two months.
The broader NSE Nifty too fell over 150 points to crack below the 10,400-mark as financials, IT and energy stocks declined.
Unless companies press the pedal on implementation, further stock price gains might be limited, says Hamsini Karthik.
'Investors need to find out how the FMP's assets are distributed and ensure the investments are in high-quality names.'
'When an institution believes its knowledge and capability is superior to everyone, it behaves like a frog in the well.' 'And this is precisely the cause for the mess,' says J N Gupta.
NBFCs are mainly dependent on funding their operation from their own cash flows.
While the lender has Rs 17,000 crore of retail assets and land parcels in Juhu, Borivali, Worli, and Chembur in Mumbai, there may be a disconnect between the quality of DHFL's books and the value bidders ascribe to it.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
Issuing guidelines for enhanced disclosures by CRAs, the watchdog has called for having a uniform Standard Operating Procedure in respect of tracking and timely recognition of default.
The economic slowdown has made it difficult for companies to record financial closure of a few awarded projects.
A lot depends on how Srei shapes up under the new administrator and his team, which is critical for investors' interest.
After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category.
More and more PE players are willing to test the waters now, just in case they become early entrants in a future booming business.
A glance back at some of the important ups and down Indian Inc faced in 2018.
An initial reading of the guidelines indicates two factors - potential rise in borrowing cost and lower returns on investment book - could hit the spread of NBFCs.
'I suggest a cut in the GST rates and an infusion of Rs 1.2 trillion into the economy in six months.'
'The banking sector appears to be on course to recovery,' declares the RBI governor.
Firms are still barred from holding board positions in the special purpose vehicle that will develop the airport.
Taking credit risks in shorter-tenure funds can help jack up returns considerably, boosting sales.
According to ICRA, even in a high-growth scenario, wherein the second half of FY20 sees the incremental bank credit rise to Rs 6.5-7 trn, there will still be a 40-45% year-on-year decline.
From promoters losing their firms to consumers realising there are no free lunches, 2019 was a year of getting real,says Shailesh Dobhal.
In April, the inflows into equity schemes dropped 60% compared to the previous month to Rs 4,608 crore, the lowest since Sept 2016.