Debt funds have grown in popularity in recent times, with deposit rates having fallen to near 6.5% levels across maturities in the last few months. However, many investors still remain confused about what sort of debt fund is suitable for what purpose. This should serve as a simple clarification
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Technology has become the most efficient tools these days but the optimization fully depends on how much we understand these tools, and apply them.
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Taking a cue from the recent RBI reduction in risk weightage on home loans, SBI is passing on the benefit to its customers by reducing its interest rates on home loan above Rs 75 lakh.
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State Bank of India said it may not need to tap equity markets for at least another year as its capital ratios will strengthen in the wake of this week's $2.3 billion share sale
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It's sensible to make your traditional policy 'paid up' instead of surrendering it altogether
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At least 25 per cent of the proposed facility will support women entrepreneurs and reach to populations who previously had no access to banking facility.
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Stressed assets of Indian banks will increase through 2019 and capitalisation will remain a key credit weakness for state-owned lenders which will need up to Rs 95,000 crore additional capital over the next two years
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Moody's Investors Service said the 11 Indian state-run banks that it rates could need up to Rs 950 billion ($14.76 billion) in equity capital by March 2019, far above the Rs 200 billion the government plans to inject into state banks by then
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