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Reliance Life works out ways to tap rural market

Reliance Life Insurance Company, an arm of Reliance Capital, is working out ways to tap semi-urban and rural markets through new distribution channels. The two models, the company is

Immature retail market forces bond issue in phases

If non-banking finance companies (NBFC) are coming out with the repeated tranches of retail bond and debenture issues in a matter of few weeks, it is the still-evolving retail debt

IDBI expects lending rate to fall by 100 bps

IDBI Bank, the seventh largest public sector bank, is expecting interest rates to come down by 50 to 100 basis points in next 12 months. But, it does not

Include tax saving as a part of your overall financial plan

It is January and most companies would have asked their employees to submit their tax-saving proofs immediately. One of the common mistakes most tax savers make is they

RBI nod no longer needed for cut in sanctioned ECB limit

Simplifying norms for overseas borrowers, the RBI today said they will no longer require its approval to raise an amount lesser than sanctioned ECB as the power to authorise the

SBI looking at higher profits in FY12, plans expansion abroad

Country's largest state-owned lender SBI today said its profit this fiscal will surpass that of last year, and announced plans to expand operations overseas through subsidiaries including one in Australia.

Find whereabouts of unclaimed deposit holders: RBI tells banks

RBI has directed banks to find the whereabouts of the holders of unclaimed deposits by displaying the list of such accounts on their websites and providing the details of the

Vodafone to introduce loan repayment, money transfer services soon

As a part of its plan to move beyond voice services Vodafone is focusing on data and m-commerce. Services including loan repayments and money transfer through the mobile

Rupee gains early, but wary on Greece

The rupee opened stronger on Tuesday in anticipation of dollar inflows, but concerns that Greece may fail to meet conditions to get its next bailout kept traders wary.

At

Fidelity AMC posts higher losses despite stable income

Fidelity Mutual Fund’s investment manager, FIL Fund Management, whose operations has been under strategic review of Fidelity Worldwide Investments for some time now, saw no year-on-year decline in its total

  • Payout on Franklin Templeton plan

    FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.

  • Canara Robeco declares dividend

    Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.

  • Payout on HSBC MF plan

    HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.

  • Dividend on Kotak MF

    Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.

  • UTI Mutual Fund declares dividend

    UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.

  • Payout on Bharti AXA scheme

    Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.

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