Some of the major reasons for MF mergers are reducing management costs, simplifying a scheme, enhancing portfolio management, and streamlining scheme
A manufacturing Fund is a thematic equity mutual fund that invests 80% to 100% in the equity securities of the companies engaged in manufacturing them
The 30-share BSE Sensex surged 357.59 points, or 0.52 per cent, to settle at a new record of 69,653.73
The penalty on Punjab National Bank has been imposed for non-compliance with certain provisions related to 'interest rate on advances' and 'customer s
HDFC Bank is offering 7.75 percent interest to senior citizens on FDs ranging from 5 years-1 day to 10 years
Smaller banks are willing to incur higher costs to gather more funds in a short time!
The reason for the cut is that banks are trying to be less generous at a time when they are working hard to garner deposits at higher interest rates
Most people only fill in details and sign when opening an account. They consider reading the form’s terms and conditions a hassle.
Usually, you get reward points and discounts for spending more with credit cards. But in cashback credit cards, you get cashback with every spend
While you need not liquidate your mutual fund units to get this loan, you pledge some units with the lender. And then, you are charged interest only o