Business  /  Published 09.04.21

Equity MFs see inflow

Equity mutual funds saw a net inflow of Rs 9,115 crore in March, making it the first net infusion in nine months, data released by the Association of Mutual Funds in India (Amfi) showed on Thursday. ...
By Our Special Correspondent in Mumbai

Business  /  Published 24.03.21

No penal fee for loans

By Our Legal Correspondent in New Delhi

Business  /  Published 17.03.21

Bad bank by month-end

The proposed bad bank — the asset reconstruction company (ARC) proposed in the budget — will reportedly be formed by the end of this month. Finance minister Nirmala Sitharaman had announc...
By Our Bureau in Mumbai

Jharkhand  /  Published 26.02.21

ED attaches assets of Maoist operative

The Enforcement Directorate (ED) on Friday said it has attached assets worth over Rs 2 crore of a Jharkhand-based Maoist operative as part of a money laundering probe against him and others. The froz...
By Our Bureau, Agencies in New Delhi

Business  /  Published 24.02.21

Janakalyan eyes assets of Rs 350cr

Sidbi Venture Capital-backed non-bank microfinance institution (NBFC-MFI) — Janakalyan Financial Services Private Limited — has set its sights on an asset base of around Rs 350 crore by 20...
By A Staff Reporter in Calcutta


Business  /  Published 15.02.21

Mutuals set target of Rs 100 lakh cr

The assets under management (AUM) of India’s mutual fund industry are forecast to increase to Rs 100 lakh crore over nine years on the back of greater penetration and the trend of  growing ...
By Our Correspondent in Mumbai

Opinion  /  Published 10.02.21

Stand still: policy rates unchanged

The latest bimonthly policy announcement by the Reserve Bank of India has kept all policy rates unchanged for the fourth consecutive time since May 2020. The repo rate stays at 4 per cent and the reve...
By The Editorial Board in

Business  /  Published 02.02.21

Budget 2021-22: Bad bank on way

Finance minister Nirmala Sitharaman on Monday announced the much awaited bad bank that would acquire the toxic assets of lenders. The entity will be in the form of an asset reconstruction company (ARC...
By Our Special Correspondent in Mumbai

Business  /  Published 01.02.21

Need for bad bank set up by private player

Chief economic adviser K. V. Subramanian has made a strong case for the setting up of a bad bank led by the private sector to deal with the non-performing assets of the financial sector which may see ...
By PTI in New Delhi

Opinion  /  Published 27.01.21

Hope and fear: negative GDP growth

The Reserve Bank of India has estimated India’s gross domestic product growth to be a negative 7.5 per cent. The National Statistical Office estimates it to be at a negative 7.7 per cent. Despit...
By The Editorial Board in


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