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Central Bank of India opens first forex hub in Gujrat at Vadodara

The first forex hub of the Mumbai- headquartered Central Bank of India in Gujarat was opened at Urmi Char rasta here to provide prompt and efficient services to importers and

RBI deputy governor welcomes Airtel, KMB tie-up

Welcoming the tie-up between country's largest mobile telephony player Bharati Airtel and Kotak Mahindra Bank for a payments bank, Reserve Bank of India deputy governor H R Khan has said

Going for an ELSS? Look at risk elements

With the equity markets on a high the equity linked savings schemes (ELSS) have got a bit of support and these are also being marketed aggressively this year around.

Bharti Airtel to apply for payments bank

With the deadline to apply for payments bank and small finance bank licences approaching, the country’s largest mobile phone operator Bharti Airtel and SKS Microfinance have decided to throw their

SKS to apply for small finance bank licence

Along with the expected 12-15 players, SKS Microfinance, the only listed company in this sector, will now be among those applying for a small finance bank licence.
The company

FinMin to review public sector insurers' performance tomorrow

The Finance Ministry will hold a meeting in Hyderabad tomorrow to review operations of all public sector insurance companies to know their preparation to face larger competition.
Financial Services Secretary

EPFO opens 1st special corporate office for big employers

In bid to provide prompt services to big employers in the organised sector, retirement fund body has opened the first Special Corporate Office (SCO) at its regional office at Bandra

Delhi housing sales fall most among top 6 cities

Housing sales across top six cities witnessed the sharpest decline in the past three years by 17 per cent in 2014, compared to a year ago, with a total inventory

ETFs gaining investors’ confidence

Exchange traded funds (ETFs) are projected to rapidly become a preferred choice of investment in India, as well as globally, as a cost effective product compared to traditional mutual funds

Microfinance sector looks to get growth push from Reserve Bank

The Indian microfinance sector, which is back on its feet again hoping to tap a 40 per cent growth this year, may be able lend more to lend more its

  • 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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