Their net AUM (Assets Under Management) may be close to the 18-lakh crore (18 trillion) rupee mark, but an astonishing number of seemingly simple, and yet potentially damaging fallacious beliefs about mutual funds as an investment vehicle seem to withstand the test of time. In this series, we explore - and debunk - them, three at a time
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Having a partnership with India’s most trusted banks, Chillr ties up with HDFC Bank to launch its UPI. All transactions on the app will go through HDFC Bank’s UPI platform which customers of over 44 banks are expected to benefit
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The RBI also stated that it anticipates a sharp recovery in the growth trajectory in 2017-18 on the back of five factors
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If you’re open to exploring new investment avenues to generate inflation beating returns from your portfolio, you should stay put in the fund
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Reserve Bank Governor Urjit Patel on Thursday cautioned that loan waiver schemes "engender moral hazard", undermining honest credit culture and impairing incentives for borrowers to repay bank loans
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Assocham President Sandeep Jajodia welcomed the permission given by the central bank to the banks to invest their funds in the Real Estate Investment Trusts
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The Reserve Bank of India on Thursday said economic growth in the current fiscal will accelerate to 7.4 per cent compared to 6.7 per cent in 2016-17 on the back of several favourable domestic factors and improvement in global environment
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The Reserve Bank of India kept its repo rate at 6.25 per cent for a third consecutive policy meeting on Thursday as it continues to guard against any potential flare-up in inflation and an uncertain global economic environment
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