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Here’s how mutual funds managed your money in May
In the month of May mutual funds increased weightage on PSU Banks, Oil & Gas, Automobiles, Capital Goods, Insurance, and Private Banks.
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Jan Dhan:11 lakh new beneficiaries in May; deposits swell by Rs 2,432 crore
Jan Dhan accounts: However, there has been a decline in the number of beneficiaries who have been issued debit cards
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Public sector banks to offer up to Rs 5 lakh personal loan for Covid treatment
Business loan, oxygen plant loan, restructuring of loans are also in the cards to combat the second wave more effectively
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RBI bouquet for Covid-19: Liquidity support, MF redemption fund and loan restructuring
On May 19, RBI Governor Shaktikanta Das urged the authorities of state-run banks to extend help fast
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PSBs rally on privatisation hopes, experts see higher gains going forward
"The disinvestment buzz is keeping PSB stocks buoyant. I am betting on Canara Bank for good upside in the medium term," said Rahul Sharma of Equity99
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Looking to invest in RD schemes? Check out what small finance banks are offering
There are 10 small finance banks in the country and they are offering returns between 7% and 8%
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Bank strike second day: Cash withdrawals, deposits, cheque clearances to be affected
The government has already privatised IDBI Bank by selling its majority stake in the lender to LIC in 2019, and has merged 14 public sector banks in t
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90-Word Edit | Bank strike — A speedbreaker in path of financial inclusion
Stuttering of bank operations due to frequent strikes called by unions does not bode well for the economy and causes immense suffering to customers
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Digital banking: Public sector banks look to boost infrastructure
Apart from sharing a common infrastructure, banks are also looking to share same back-end software for digital transactions
