LIC is on board after tying up with all five insurance repositories; 1,50,000 e-Insurance Accounts opened across India till date.
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
While IDBI Bank's 140 million customers and 1800-odd branches will come in handy for LIC to hawk insurance, the bank can use LIC's massive agent network to sell its retail loans. But if it is run the same way it had been in the past and LIC is a proxy of the government, then it has no future, says Tamal Bandyopadhyay.
Demonetisation could see anywhere between Rs 8 and 12 lakh crore coming into the banking system in the next few weeks.
The Bank of Baroda on Thursday expressed its desire to acquire a bank in south or east India and said it was open to reduce the prime lending rate by 0.25-0.50 per cent.
Reliance Industries Ltd's focus on the next hypergrowth opportunities in clean tech and its path to decarbonisation has the potential to spur re-rating, raises clarity on investment cycles and reduces investor worry, brokerages said. RIL chairman Mukesh Ambani at the company's 'Green AGM' on Thursday committed Rs 75,000 crore over the next three years to set up an integrated Green Energy Giga Complex across 5,000 acres in Jamnagar, Gujarat which will contain four giga factories. The complex, which would be one of the world's largest renewable manufacturing facilities, would have an integrated solar photovoltaic module factory, an energy storage battery factory, electrolyser manufacturing for hydrogen production, and manufacturing of fuel cells so that hydrogen can be used in transportation.
Focus on large-caps and ensure that the portfolio is balanced.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
All shares held by SBI in the five associate banks will stand cancelled after merger.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
These consistent performers are expected to maintain momentum.
Embattled liquor tycoon Vijay Mallya on Monday lost his high court appeal against his extradition order to India in relation to charges of fraud and money laundering amounting to an alleged Rs 9,000 crores.
Gather information from diverse sources to ensure that your investment decisions are rooted in sound knowledge, says Sandeep Das.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
'Mostly, the relief, if needed, would be for housing loans where a person has lost a job and is unable to pay his EMI or there has been a temporary salary cut.'
Bansal has picked up a majority stake in Chaitanya Rural Intermediation Development Services, a company which runs microfinance institution Chaitanya India Fin Credit.
SBI was the top gainer after it reported lower-than-expected rise in bad loans
A falling rupee and lower foreign buying in equities are signals investors should watch out for, says Devangshu Datta
Bandhan expects to have a loan portfolio of Rs 14,500 crore.
More than half of Mallya's total package for 2015 has been paid by Mendocino Brewing Company for 'promoting' the company's beer brands
In this Budget, too, there were a number of measures aimed at plugging tax leakages and ensuring greater compliance, says Sanjay Kumar Singh.
The chairman of mortgage giant HDFC Ltd in his annual letter to shareholders, also suggested a one-time restructuring of real estate loans, easing of external commercial borrowing rules and immediate changes in regulations to allow end-to-end execution of housing loans online.
Depending on your liquidity requirement, invest in the right debt instruments.
The project will house 3,000 residential units across 10 towers in the first phase on a 20-acre land parcel that Raymond owns in Thane
Banks have been struggling hard to recover dues from grounded Kingfisher Air.
'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
Companies write off investments, shed assets as initial projections go haywire
The question we must ask is how do politicians get that wealth disclosed in the affidavits, says Mahesh Vijapurkar.
Finance Minister Arun Jaitley, who wants pension and insurance funds to invest more in equities and infrastructure.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
M-cap of 35% of BSE-500 companies, excluding financial ones, is below their debt or just a shade above
The broader Nifty, after touching a high (intra-day) of 10,555.50 points, finished at 10,539.75, up 84.80 points, or 0.81 per cent.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Reliance Communications could become a much more formidable opponent.
The rally in most of these stocks is partly attributed to impressive financial performance.
Reliance Industries on Friday reported a 4.5 per cent drop in its December quarter net profit at Rs 5,256 crore (Rs 52.56 billion).
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
Inflation and asset prices have eroded the value of money.
Needs funds for Odisha plant expansion, to cut high debt.
March was the first full quarter for Infosys under its new CEO Salil Parekh.
