BSE strengthens its product for mutual fund distributors; launches BSE StAR MF Plus
StAR MF Plus offers complete front office, order management, analytics, CRM, back office and business support solutions.
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Power Finance Corporations taps financial markets to raise Rs 5,000 crore through NCD
The NCD will be listed on the BSE and there is no put or call option embedded in these NCD.
Read morePaytm Money launches trading in futures and options on mobile app
The investors will be charged brokerage at the rate of Rs 10 per order
Read moreNational Pension System subscribers increase by 21.67% in CY2020: PFRDA
In a year fraught with lockdowns to fight spread of covid19 pandemic and health issues for public at large, there are many positive stories. One such story emerged in the form of robust growth in number of National Pension System (NPS) subscribers. In one year ended December 31, 2020 the number of NPS subscribers rose to 3.97 crore compared to
Read moreState Bank of India raises interest rates on fixed deposits
For fixed deposits maturing in one year to less than two years of principal below Rs 2 crore the interest rates payable are revised up by 10 basis points to 5% from earlier 4.9%.
Read moreWill Rs 50000 crore liquidity window save Indian mutual fund investors?
Reserve Bank of India (RBI) on 27 April 2020 announced special liquidity facility of Rs 50000 crore for mutual funds. The announcement is aimed at providing liquidity to the mutual funds which are stuck with low rated bonds. On 23 April 2020, Franklin Templeton Asset Management Company Limited announced plan to wide up its six bond fund schemes, which were
Read moreBiggest risk is always what you don’t see coming
Morgan Housel of Collaborative Fund has written an amazing post titled ‘What’s different this time?’ Modern medicine, vaccines and progress in all walks of life has ensured that the occurrence of pandemic is seen as a low probability event. The statistics over last one century has made it clear that the mortality rate has fallen for the American population getting
Read moreHappy New Financial Year 2020-2021: Interesting reads
Happy Reading and Happy New Financial Year.
Read moreWhy public provident fund offering 7.1% is still attractive
the PPF is the best fixed income investment given the sovereign guarantee it comes with and tax exempt nature of interest income it offers.
Read moreWealth Den arrives
Here is how wealth den arrives
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