Multi-asset funds invest in a variety of asset classes, such as equity, debt, gold, and real estate which help in risk diversification
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Bandhan Bank reported losses of Rs 2,600 crore from loans disbursed under the Emergency Credit Line Guarantee Scheme (ECLGS)
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The financial industry anticipates an increase in the 80C limit from Rs 1,50,000
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As per a regulatory filing with stock exchanges, LIC's Board of Directors granted approval for this investment, focusing on residential mortgage-backed securities (RMBS)
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According to the report, around 36.3 per cent of taxpayers have moved up from lower income to higher income brackets, resulting in a 21.3 per cent increase in income
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The recruitment drive spans from associate to executive vice president levels, contributing to an expected increase in ICICI Securities' headcount to 190 employees
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The decision for transition into an SFB was approved by the bank's board on 28 July
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The report emphasises positive shifts, such as 19.5 per cent of small firms transitioning into larger entities through MSME integration and a noteworthy increase in consumption among the bottom 90 per cent of the population following the pandemic
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