'Just because you don't see them does not mean they don't exist.' 'The greatest risk is overconfidence.
'They have since only tried to improve systems. Also, with regulatory guidance from time to time, we are in a position to assess a situation and react in time.'
The Reserve Bank of India's (RBI's) decision to withdraw the incremental cash reserve ratio (I-CRR) is expected to benefit banks during the festival season. They are likely to increase deposit rates by up to 25 basis points (bps) in select maturity buckets. The rise in demand for funds to cover tax payments and meet quarter-end business targets could influence rate decisions by banks, according to bankers and money market executives.
Sachin and his wife Anjali talked charity and philanthropy with Gates and the Indian cricket legend posted photos of their meeting with the tech giant on his Twitter handle.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
'Banks will continue to increase FD rates to attract more deposits and meet the increasing demand for credit.'
Ulhas Joshi, Head -- Sales, Rank MF, a mutual fund investment platform, answers your queries.
'Life had its own plans and now I have learnt to go with the flow.'
The Indian women's hockey team launched an 18-day fun fitness challenge starting on Friday to raise funds towards helping the poor and migrant families whose lives have been affected due to the coronavirus pandemic. While the challenge aims to raise crowdfunding for the cause, the movement also encourages people to use this opportunity to adapt to an active lifestyle during the nation-wide lockdown that has been extended till May 3, 2020.
India's shift towards US companies for technology investments and partnerships fits well with the present government's 'Atmanirbhar Bharat' and 'Make in India' initiatives, say experts.
She said that access to justice for all has been a theme close to her heart and mentioned several steps taken to help economically disadvantaged sections of society to approach legal institutions for remedial action.
Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco. Alternative funding platform Recur Club said it was allocating $15 million to all Indian founders affected by the crisis. It will not charge any platform fee for the same.
'Starting an SIP now and continuing with it is likely to translate into high returns over the long term.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The prime minister took no names but made an apparent reference to reports about "rate card" for different government jobs in the Trinamool Congress-ruled West Bengal and prevalence of "cut money" in the state.
Top Australian women cricketers could earn more than A$1 million ($666,600) a year with increases from a new pay deal.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
State Bank of India (SBI) and Macquarie Capital Group said on Wednesday they intended to raise a new $2 billion fund that would invest in direct infrastructure investment opportunities in India.A memorandum of understanding was signed by SBI and Macquarie to manage the proposed fund. The International Finance Corporation (IFC), as one of the fund's cornerstone investors, will also have a stake in the proposed fund management company.
Experts believe that one should not allocate more than 5-10 per cent of one's equity portfolio to international funds.
Upbeat on the rapidly evolving entrepreneurial environment in the country, Cisco has created a $40 million (over Rs 240 crore) fund, a first by the networking solutions giant in any of its present geographies.
'It's amazing how many different kinds of patriotic songs we have in our country.'
Allaying investors' fears, Franklin Templeton AMC has said Sebi's order prohibiting the company from launching new debt funds will have no bearing on existing schemes managed by it. Sebi on Monday barred Franklin Templeton Asset Management (India) from launching any new debt scheme for two years and imposed a penalty of Rs 5 crore for violating regulatory norms in the case of winding up of six debt schemes in 2020. Also, it has been asked to refund investment management and advisory fees of over Rs 512 crore (including interest) collected with respect to the six debt schemes. This amount will be used to repay unitholders, as per Sebi order.
Diwesh Sharan, a deputy director general of ADB, says beside the PPP model and viability gap funding, there is a 3rd option - value capture - to raise funds for India's ambitious infrastructure projects.
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
Soumendra Nath Lahiri, senior VP, Equities, at DSP Merrill Lynch, says that they have maximum midcap exposure to media and IT in Opportunities Fund. The company has increased exposure to Mastek and Deccan Chronicle, he adds.
Economic growth, which we are taking for granted, slows for a completely different set of local or global factors and the Modi premium vanishes, observes Debashis Basu.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India's largest public sector bank State Bank of India (SBI) will support Tata group's bid for soon-to-be-privatised Air India by subscribing to Tata Sons debentures or funding the special purpose vehicle (SPV) set up by Tata Sons for the acquisition. Bankers said the credit rating of Tata group's holding company is "AAA" signifying high safety and a combination of Air India with its existing airline businesses would make it a formidable player - leading to a duopoly market with IndiGo. It would also open many business opportunities, including in the retail segment, an official said.
The Securities Appellate Tribunal has stayed a Sebi order that barred Franklin Templeton's Asia Pacific head Vivek Kudva and his wife Roopa from the securities market for one year.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
Having exposure to international funds and gold is a must for those who have foreign currency-denominated goals.
In 2019 investors backed some of the major online healthcare and pharmacy retailers, with PharmEasy leading the deal list. The firm raised funds through the year to bring in around $220 million and the round is yet to be concluded, according to Venture Intelligence data.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
They are making switch to the high-growth alternative investments fund industry, reports Pavan Burugula.
In the last 12 months, over 7,500 Indians have applied for a resident permit.
Walmart, the world's largest retailer, has paid $1.4 billion to buy out US-based Tiger Global's investment in e-commerce firm Flipkart, according to sources. The transaction puts Flipkart's valuation at $35 billion, against nearly $38 billion in 2021 when it raised funds from Japan's SoftBank, Walmart, and other investors. Tiger Global, Flipkart co-founder Binny Bansal, and Accel now have all fully exited the e-commerce firm by selling their stake to Walmart.