Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Bank of India has become the first state-run lender to allow withdrawal of funds to individuals from its ATMs without an account in the bank.
The loan was offered to Maytas by a consortium of banks to fund one of its infrastructure projects that has an execution period of few years. However, BOI has not given any direct credit to Maytas, a BOI official said. Maytas Infra came under the scanner of regulators and other agencies probing Satyam fiasco after Hyderabad-based IT giant plunged into a crisis on account of gross manipulations committed by its former chairman B Ramalinga Raju.
The New England Patriots beat the Los Angeles Rams 13-3 on Sunday in the lowest scoring Super Bowl played to capture the National Football League championship for a record-tying sixth time.
Reserve Bank has lowered interest rates by 0.50 per cent since January 2015.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
Future Retail Ltd (FRL) on Wednesday held a meeting of its shareholders to consider and approve the sale of the company's retail assets to billionaire Mukesh Ambani's Reliance Retail Ventures Ltd. The meeting was chaired by Shailesh Haribhakti, FRL said in a regulatory filing. Haribhakti has been appointed by the NCLT to chair the meeting. The result of the voting will be announced in due course, it added.
When the first flight arrived at Kushinagar airport on Wednesday, it was not Gota or Mahinda who stepped out, but another Rajapaksa. Namal Rajapaksa, Sri Lanka's minister of sports.
Seven naval officers were found guilty following a probe into the fire that occurred on board submarine INS Sindhuratna earlier this year, which left two personnel dead and led to the resignation of former Navy Chief Admiral DK Joshi.
On an average, small-cap funds have generated annualised returns of 67.5% in the last two years. Large-cap funds and mid-cap funds have given average annualised returns of 41.3% and 53.4% respectively.
Punjab National Bank, Bank of Baroda, Bank of India and Canara Bank already charge their customers a levy for failing to maintain a minimum balance for a quarter or a month.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Tata Motors is likely to have one more achievement to cheer about as it gets into the new financial year, when Thailand's Board of Investment (BoI) approves the company's proposal to make an eco-car. A BoI official in Bangkok told Business Standard that the internal approval meeting, scheduled for April 2, 2008, was likely to give its nod to India's third largest passenger car maker to manufacture the eco-car.
The bank also announced that it will reduce its external benchmark linked lending rate as well as repo linked lending rate by 40 basis points from July 1.
The former liquor baron owes several banks a total of as much as Rs 9,000 crore
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
The recently-created flexi-cap fund category is emerging as the hottest segment in the Rs 11-trillion equity mutual funds (MFs) space. Buoyed by the success of ICICI Prudential Flexicap Fund, other MFs are lining up new fund offerings (NFO) in this segment. Industry players say the flexi-cap category could emerge as the biggest segment in the equity MF space. Recently, ICICI Pru Flexicap's NFO collected a record Rs 10,200 crore.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In an exclusive interaction with the Hindu American community, 26-year-old DuBois -- a political strategist and Pentecostal minister -- said his office has been tasked with some special projects by the president in his first term in office, one of which was "promoting inter-faith dialogue and cooperation both here at home and across the globe, especially cooperation through service."
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Among the major winners include Chief Minister Pema Khandu (Mukto seat in Tawang district, bordering China), his third victory in a row.
Cate Blanchett's role of Blanche DuBois in Tennessee Williams' play has gotten rave reviews.
Need to conserve profits to strengthen the capital base is driving the effort.
DIG B K Loshali has been removed as the chief of staff at northwest region.
The interest rate offered by PSBs like SBI, BoB and BoI hover around 8.9 per cent-10.50 per cent. For private banks, the range is between 10.49 per cent and 12 per cent.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Some of the public banks showed improvement; much more still needs to be done
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
India's largest IT-ITeS company, Tata Consultancy Services (TCS), is all set to launch its smart card solution that would enable banks to reach the remote areas and address their need for microfinancing.
'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.
Between April and August, it issued request seeking LoC against 147 individuals to prevent them from leaving the country, the bank said in response to a Right to Information query filed by Pune-based activist Vihar Durve.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
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