Two straight years of less than 5 percent economic expansion have led to a surge in bad loans for Indian lenders.
The move will have cascading effects for lot of related sectors
The big names in the Aussies squad were tricked into partying hard a night before they lost to rookie, cricket-loving Canadians in a one-off One-day match.
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
ICICI Bank puts up a good show in Q4.
Given the macro setting, the outlook remains positive for each of the four key parameters - inflation, current account deficit, fiscal deficit and currency stability, says Rahul Bhushkute.
Don't sidestep the idea of investing in term insurance. Here's why.
Draft guidelines for Small Banks and Payments Banks were issued by the RBI in July and comments were invited till August 28.
A day after applying for a bank licence, Aditya Birla Group chairman Kumar Mangalam Birla on Wednesday said the new bank licence norms announced by the Reserve Bank are not discriminatory towards large corporate houses.
Voices from the Treasury are clamouring for lowering rates as this would boost demand.
'Without appropriate supervisory constraints in place, banks are in a position to delay the recognition of losses and engage in ever-greening or zombie lending, which is essentially the rolling over of debts of unviable borrowers that would have otherwise defaulted,' points out RBI Deputy Governor Viral Acharya.
To be fair, one year is too short a period to judge the schemes' performance.
Money flowing into the equity schemes of mutual funds is back at a level last seen before the 2008 financial crisis, when the stock market tanked 60 per cent.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
Gains in financial shares capped further downslide.
HDFC Life has a balance between traditional policies and Ulips
The SBI auction will be the biggest nationwide online sale.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
'A fund investor could pick, say, three of the top active funds in any given category.'
Equity fund managers say large-caps offer higher relative safety, especially in such times.
HDFC Equity, the largest equity fund, also managed by Prashant Jain, with a corpus of Rs 10,445 crore, has 9.4 per cent of its assets in SBI.
Unfavourable secondary market conditions aren't a big concern for IPOs by good quality companies.
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
India's ailing banks need immediate attention.
Stressing on the fact that most of the Indian batsmen's form has been a big factor in India's success so far, former batsman VVS Laxman expects them to fire on all cylinders during the quarter-final stages as well.
Vishal Sikka who was made vice-chairman till his successor was appointed, also quit the board with immediate effect.
You may invest even at current market levels provided you have an investment horizon of five years or more.
Add a term plan with a child mutual fund for best results.
Six firms have qualified for managing EPFO funds.
Invest 5 to 10 per cent in a banking sector fund. Ensure that mutual fund's portfolio includes all three players -- private sector banks, public sector banks and NBFCs.
The landmark bill to liberalise the insurance industry, which marks Prime Minister Narendra Modi's first stab at legislative reforms, will now go to a parliamentary committee, which will submit a report later this year.
The exploration company will buy back shares from January 23 and extinguish them.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
The bank will have around 501 branches.
The BSE Sensex lost about 1,600 points, while the National Stock Exchange Nifty was down about 400 points.
Index heavyweights Reliance Industries and ITC were the top losers along with ICICI Bank and SBI
In the broader markets, the BSE Midcap and Smallcap indices were up 0.5% each
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
You can look at equity-oriented balanced funds.
