The head of State Bank of India said she expects a boost to annual profit of as much as Rs 3,000 crore in three years on cost and efficiency gains from the absorption of associate banks
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The recent tightening of ARCs' capital requirements will lead to consolidation in the industry and that bigger players stand to benefit from the move, says a report
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You’ll probably never fully capture published returns from most investment products - but awareness of your own biases can certainly help narrow the behavioural gap.
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Investors pumped in a record Rs3.43 lakh crore in mutual funds (MFs) in 2016-17, mainly into income and liquid schemes
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The tax department asked financial institutions (FIs) to get self-certification from account holders by April 30 to comply with FATCA provision and avoid blocking of accounts.
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The monetary policy committee of the Reserve Bank of India is expected to cut policy rates by 25 bps in August on weak growth and benign inflation, says a Bank of America Merrill Lynch report
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George Joseph, Senior Fund Manager, ICICI Prudential AMC speaks to BW Businessworld on his take on Indian Equities, Valuation Indicators, ICICI Prudential’s Children-focused Mutual Fund scheme and more.
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Mahendra Jajoo, Head - Fixed Income, Mirae Asset Global Investments (India) speaks to BW Businessworld on bond yields, global risks and Mirae's broad fixed income strategy for 2017-18
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