Out of its 33 districts, Ranga Reddy registered the highest per capita income on current prices, with Rs 6,69,102 , followed by Hyderabad (Rs 3,49,061) and Jayashankar (Rs 2,15,612)
The decision dates back to a 2014 inspection that SEBI undertook of IIFL accounts, the motive of which was to check its regulatory compliance
A new nationwide study conducted by HelpAge India, which surveyed 8,000 women over 65 years of age, noted that 3 out of every 4 women do not have any financial cushion or savings to their name.
Looking to invest in the golden metal? The government’s sovereign gold bond (SGB) scheme, which goes live next week, is just what you’re looking for. With two tranches of SGBs opening for subscription between June and September, here’s all you need to know about SGBs. What is the issue price of current series of SGBs […]
The pesky messages, and the entities behind them are a major source of nuisance to the regular user. Such entities, called unregistered telemarketers, are not listed under the Telecom Commercial Communication Customer Preference Regulations.
Do you use applications like Paytm Money, Groww, ET Money, Zerodha Coin or others to invest directly in mutual funds? Then, this news is just for you. Market watchdog SEBI (Securities and Exchange Board of India) has come out with a framework for regulating Execution Only Platforms (EOPs). This will come into force starting September, […]
A recent report by the Fintech Association for Consumer Empowerment (FACE) noted the constantly increasing volumes of digital lending in India. For FY 2022-23, disbursement volumes jumped 131%, while its value soared 129% on a YoY basis, standing at Rs 92,848 crores. During this period, 7.26 crore loans were given out. .In FY 2021-22, this […]
Equity funds saw a sharp drop in their inflows during May 2023. Small-cap funds saw maximum fund influx amongst equity funds, at Rs 3,282 crore.
In a bid to ease the process of loan reception and repayment for common men, both Kerala and Patna high courts have delivered rulings that have put banks in a dilemma. In a recent verdict, the Kerala HC decreed that banks need to adopt a humanitarian approach towards granting education loans. According to the court, […]
Calculated as a percentage of the average Net Asset Value of the fund, TER subsumes expenses like legal, brokerage and management salaries, marketing and research expenses among others