Markets regulator Sebi on Tuesday directed asset management companies (AMCs) to disclose details of risk and performance of mutual fund schemes in all disclosures, including promotional material.
In order to avoid overload of information on investors, Sebi in April had directed mutual funds to share details of risk, performance and AMCasset management companiesMarketssebizee business Read More
National Asset Reconstruction Company Ltd (NARCL), the name coined for the bad bank announced in the Budget 2021-22, is expected to be operational in June.
Bad bank refers to a financial institution that takes over bad assets of lenders and undertakes resolution.
The new entity is being created in AMCbad bankbudgetIBAnational asset reconstruction companyNirmala SitharamanNPAReserve bank of India Read More
State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, Managing Director Swaminathan J said on Thursday.
If all lenders come on board, the National Asset Reconstruction Company (NARC) AMCbad banknational asset reconstruction companyPSBsstate bank of india Read More
MUMBAI: The Reserve Bank of India (RBI) has deepened its supervision and is making an assessment of the true state of non-performing assets (NPA) in all banks, its Governor Shaktikanta Das on Friday.
As part of its regular supervision, the RBI does an independent assessment to get clear pictures of AMCAQRbank of indiaEconomic surveyFinancial Stability ReportRBIReserve bank of IndiaShaktikanta Dassupervision Read More
The price of silver is rallying as the online trading movement fuelling the rise of unloved shares like GameStop took a shine to the precious metal.
Silver futures jumped 11% on Monday to about $30 per ounce - an eight-year high - following strong gains over the weekend.
On Twitter, #silversqueeze AMCinvestorsNetherlandspriceRabobankRedditsilver Read More
KOLKATA: The Reserve Bank of India has rejected non-bank lender Muthoot Finance's proposal to acquire IDBI Asset Management Company on the ground of synergy - or the obvious lack of it.
"The activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the AMCidbi capital markets & securitieslife insurance corporationmoody s investors serviceMuthoot Read More
How does a mutual fund work what comes to our mind when someone mentions in virtual fund boring complicated not actually let us explain how does mutual fund work. this is how it works investors like us put their money to form a mutual fund, an asset management company or AMCMutual fundNAVNiftyShare MarketStock Market Read More