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Articles for Banking & Finance

Asian Development Bank Lowers India Growth Outlook To 7% For 2017-18

The 7 per cent GDP growth expected in 2017-18 is lower than 7.1 per cent recorded in 2016-17 and its earlier projection of 7.4 per cent in July. ADB pencilled in 7.4 per cent for 2018-19, down from the earlier forecast of 7.6 per cent in July. It was, however, bullish on growth gaining traction on reforms

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5 Important Factors To Consider While Buying Health Insurance

How can you decide whether a plan is worth it, or not? Here are five important features to consider while making your buying decision

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Life Insurer IndiaFirst Eyes Rs 50 Crore Net Profit In FY18

The company, a joint venture between British multinational Legal & General and two state-run lenders -- Bank of Baroda and Andhra Bank -- had posted Rs 35 crore profit last fiscal

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Three Myths About Mutual Fund Dividends

Remember that switching from the dividend option to the growth option of a fund will attract loads and taxes, so you’re better off deciding your preferred mode of investment at the beginning

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PNB Plans To Raise Up To Rs 5,000 Crore From Market

The public sector bank however did not give any indication as to whether it would be raised by diluting government equity or issuing Additional Tier-1 (AT1) bonds

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Reliance Home Finance Shares List On NSE, BSE

The stock opened at Rs 107.2 in the opening tick and trading at Rs 109.20 in the mid-session on the NSE

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SBI Life IPO Oversubscribed 1.43 Times

The initial public offer (IPO), which aims to raise Rs 8,400 crore, received bids for 12, 64, 70,379 shares against the total issue size of 8,82,00,000 shares, data available with the NSE till 1245 hours showed

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Aditya Birla SUN Life AMC Launches New Fund Scheme

The Aditya Birla Sun Life Resurgent India Fund - Series 5, a close-ended equity scheme with tenure of 3.5 years, opened for subscription on September 20 and closes on October 4

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