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.
India's ailing banks need immediate attention.
Add a term plan with a child mutual fund for best results.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
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.
Six firms have qualified for managing EPFO funds.
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
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 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.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
Focus on large-caps and ensure that the portfolio is balanced.
You can look at equity-oriented balanced funds.
In 2015, foreign investors slowed net buying of Indian equities.
The KYC parameters now include declaration of the gross annual income or net worth.
Soon after Prime Minister Modi's assertion, the G20 countries also came down heavily on terrorism.
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
Credit profiles have turned healthier from a year ago
He also pointed out that the home ministry was neither consulted, nor did it give the necessary security clearance
Three fund managers share their views and state where they are looking for value.
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Balanced funds may be a good option for first-time investors.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Over 700,000 new investor accounts have been opened so far in FY15.
A combination of bank guarantees, letters of credit, buyer's credit for computer servers have been provided to the two local operational arms by Kotak Mahindra Bank and Deutsche Bank.
Other bidders include Abu Dhabi Investment Authority.
While stocks are at cheap valuations, the volatility can be unnerving.
Within Sebi, the chairman should hold an umbrella for both young and old employees, says Somasekhar Sundaresan.
After touching a high of Rs 32,01/10g in October 2013, gold prices fell to a low of Rs 26,900/10g in June
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
The hard truth is that unless you start investing for your children in advance, in appropriate investment avenues, you are risking their future aspirations.
PFRDA will invite bids to appoint pension fund managers.
SBI plunged over 3% after posting a 34.57% fall in net profit to Rs 2,538 crore for the quarter ended September 2016 on rise in provisions for non-performing loans.
'The IPO window has been more or less open since the new government in 2014.'
While riskier than debt, Sebi's stringent guidelines may ensure a safe and liquid product.
Rajan said banks have typically become used to reasonably slow moving base rate which gives them time to adjust the deposit cost before they adjust lending.
Market breadth is positive with 942 advances and 196 declines.
.jpg)
After RBI's missive on proxy lending to builders, it's time to reshuffle.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances