Banking & Finance

‘Retail investors flock to mutual funds again’

Mutual funds registered a 4.6 per cent increase in retail folios in the past six months ended September 2014, marking the highest rise since March 2009, according to rating agency Crisil. n In absolut

Mutual Funds, stock market, Sebi, Securities and Exchange Board of India News

Long-term investments in equities is the way forward

Global strategists see India’s GDP growth picking up, inflation coming down, rates softening...

startup investment News

EPFO to seek clarity on transaction limit in Jan-Dhan scheme

Retirement fund body EPFO will soon approach the Finance Ministry on the transaction limit...

epfo investment News

Shriram City Union Finance Q2 net profit up 8.66 pct

Shriram City Union Finance had reported Rs 127 cr during corresponding period of previous year.

Shriram City Union Finance Q2 net profit up 8.66 pct

Global shadow banking assets touch $75 trillion

United States and the euro area now account for one-third of the global shadow banking assets.

Banking & Finance News

Karnataka Bank Q2 net trebles at Rs 88 cr

Private sector player Karnataka Bank's net profit more than trebled at Rs 88.46 crore...

Banking & Finance News

Tax refunds putting pressure on fiscal deficit, says FM Arun Jaitley

Finance Minister Arun Jaitley today said increased tax refunds in the current financial year...

Banking & Finance News

Indian rupee snaps 4-day fall, ends at 61.36 vs dollar on strong stocks

Robust capital inflows and good show by local equities helped the Indian rupee today snap a four-day losing trend...

Banking & Finance News

Tax Talk: Returns called up for assessment? Keep documents handy to avoid hassles

Have your returns been called up for assessment by a tax officer...

Tax Talk: Returns called up for assessment? Keep documents handy to avoid hassles

Gains from bonus shares

While a bonus share issue helps a firm capitalise its reserves, it’s beneficial to shareholders too

Gains from bonus shares

Rupee gains 8 paise against dollar on foreign capital inflows

Snapping its four-day falling streak, the rupee rose by eight paise to 61.37 against the US dollar..

Banking & Finance News

Brick-by-brick guide to buying a retirement home

Everyone craves for a peaceful retired life. After having worked hard for several years, doesn’t it make sense to enjoy some comfortable golden years? Gone are the days when parents had to save not

Brick-by-brick guide to buying a retirement home

Survey: Asia finds money brings happiness

Emerging Asian nations are finding out what developed ones did years ago: money and the stuff it buys brings happiness...

Banking & Finance News

Yes Bank registers 30% rise in Q2 net profit on higher fee income

Yes Bank's net profit stood at Rs 371.13 crore for the same quarter in the previous fiscal.

Banking & Finance News

Andhra Bank net jumps 2-fold at Rs 144 crore in Jul-Sept quarter

Public sector Andhra Bank's net profit more than doubled to Rs 144.49 crore in the second quarter ended September 31, 2014-15.

andhra bank News

ICICI Bank Q2 profit up 15 pct to $440 mn, beats estimates

Net profit rose 15 percent to 27.09 billion rupees ($440.88 million) for its fiscal Q2...

ICICI Bank, ICICI Bank account, ICICI Bank account holders, twitter News

Festive season boost: Uco Bank clocks 67% y-o-y growth in retail lending

Public sector lender Uco Bank has clocked more than 67% year-on-year growth...

Festive season boost: Uco Bank clocks 67% y-o-y growth in retail lending

Flush with liquidity, SBI cuts short-term deposit rates again

Third cut in as many months; rate for deposits between 7 and 45 days now 5%

Flush with liquidity, SBI cuts short-term deposit rates again

Editorial: Not just the bank chiefs

Problem with PSU banks runs far deeper

Editorial: Not just the bank chiefs

Tax benefits on housing loan available to owner and co-owner

The benefit of deduction under Section 80TTA of the Income-tax Act is available to all individuals (whether salaried or non-salaried).

Tax benefits on housing loan available to owner and co-owner
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