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Articles for Banking & Finance

Three Mutual Fund Nomenclatures That Will Disappear In Next Five Months

SEBI’s recent circular will do away with a few popular types of mutual fund schemes over the next five months

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Axis Bank Shares Tumble Over 9% After Bleak Q2 Earnings

The stock after making a weak opening further tanked 8.51 per cent to Rs 469.50 on BSE. At NSE, shares of the company plummeted 9.35 per cent to Rs 465.15

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I-T Dept Launches 'Online Chat' To Answer Taxpayers Queries

A team of experts from the department and independent tax practitioners has been deputed to answer the general queries of a taxpayer. This first-time initiative is aimed to enhance taxpayer services in the country

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Four Things You Should Know About The "Restoration Benefit" Feature

Weigh the restoration benefit feature alongside other policy features - especially the claim settlement history of the insurer in question

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Against Job Reservation In Private Sector, Says Niti VC

The Lok Janshakti Party led by Union Minister Ram Vilas Paswan has recently demanded job reservations in private firms. Similar demand has been made in the past by other political outfits as well

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Despite GST Impact, Bajaj Finance Net Soars 37%

Gross NPA and net NPA stood at 1.68 per cent and 0.51 per cent respectively, while the provisioning coverage ratio stood at 70 per cent

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JM Financial Sees 27% Jump In Q2 Net At Rs 145.84 Crore

Net profit after tax, minority interest and share of associates stood at Rs 114.65 crore in the corresponding July- September quarter of the previous fiscal

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Moody's Affirms State Bank Of India's Ratings

While retaining the ratings today (16 October), the global ratings agency noted that since the merger of its associate banks in April, SBI's asset quality deteriorated significantly, which is also due to the economic disruptions since last November

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