Mutual Fund or Bank deposit ?
The government wants a control premium to part with its holding in and is likely to retain a partial stake even after the transfer of management control, as it prepares for the lender's divestment, multiple people familiar with its thinking said. This is because the weighted average cost
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Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company's IPO in New York City, New York, U.S., February 11, 2021.Mike Segar | ReutersCheck out the companies making headlines in midday trading Monday.Boeing —
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expects to recover Rs 15,000 crore from bad loan accounts during the current fiscal year, and a bulk of this would come from accounts undergoing insolvency resolution process. It expects to make recoveries worth Rs 10,000 crore from accounts under the National Company Law Tribunal (NCLT) for resolution
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Liquidity and banks' financial metrics are flashing red on the interest rate signal as banks are lending more than the deposit growth is putting pressure on the financial system, especially the government bonds. Banks' incremental credit to deposit ratio, the proportion of fresh deposits that banks use for fresh lending,
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Take a look at some of the biggest movers in the premarket:Boeing (BA) – Boeing defense workers will vote on a new proposed labor agreement on Wednesday, averting – for now – a strike that could have begun today. Separately, sources tell CNBC the Federal Aviation Administration has
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Gold prices declined by Rs 195 to Rs 51,947 per 10 grams in the national capital on Monday amid weak global cues and rupee appreciation, according to Securities. The precious metal had closed at Rs 52,142 per 10 grams in the previous trade. Silver declined by Rs 223
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Karnataka Bank has promoted three of its Deputy General Managers Jayanagaraja Rao S, Ananthapadmanabha B and Ramesh Bhat as General Managers. Rao is a postgraduate in business administration with PG diplomas in management and operations management, while Ananthapadmanabha is a PG diploma holder in computer applications and Bhat is
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Four Chinese companies raised about $1.5 billion in July by issuing shares on the Six Swiss Exchange via a new China stock connect program.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese companies looking to raise cash overseas have turned to Switzerland — and gotten speedy regulatory approval to do
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Private sector banks have seen high slippages in their retail portfolio as per their fiscal first-quarter results, as loans restructured during the Covid period continued to slip into the bad loan category. Top banks including , and have reported higher slippages in retail books, contributed by micro
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Over 63.47 lakh income tax returns were filed till 10 pm on Sunday, the last day for filing ITR for the 2021-22 fiscal by salaried individuals, the Income-Tax department said. The deadline for filing I-T returns by those taxpayers who do not have to get their accounts audited for
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