Only 2% personal guarantee claims recovered so far
Creditors have recovered 2.16 per cent, or Rs 102.78 crore, of their admitted claims from personal guarantors under the Insolvency
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July 2024
HC: Transit rent not income, can’t be taxed
In a landmark decision, Bombay HC has held that transit rent, which is paid by a developer to a flat
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Cosmos Co-op Bank halts acquisitions; eyes organic growth
After acquiring 18 urban co-operative banks (UCBs) in the last 25 years, Pune-based Cosmos Co-operative Bank is pausing on further
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RBI cancels licence of Mumbai-based The City Co-operative Bank
The Reserve Bank cancelled the licence of The City Co-operative Bank, Maharashtra for lacking adequate capital and earning prospects. The
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RBI cancels licence of Purvanchal Co-op Bank, Ghazipur
The Reserve Bank has cancelled the licence of Purvanchal Co-operative Bank, Ghazipur, Uttar Pradesh as it does not have adequate
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SBI Mutual Fund launches SBI Silver ETF
SBI Mutual Fund has launched SBI Silver ETF, an open-ended exchange traded scheme tracking the price of silver. The investment
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Children’s mutual fund AUM surge 142% in last 5 years to Rs 20,081 crore in May
The total assets under management (AUM) of children’s mutual funds, a solution-oriented category, witnessed a nearly 142% surge in the
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Nippon India Mutual Fund changes fundamental attributes of multi-asset fund
Nippon India Mutual Fund has announced the change in fundamental attributes of Nippon India Multi Asset Fund. The fund will
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Mirae Asset Mutual Fund launches Mirae Asset Nifty EV and New Age Automotive ETF
Mirae Asset Mutual Fund has announced the launch of Mirae Asset Nifty EV and New Age Automotive ETF, an open-ended
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Groww Mutual Fund files draft documents for Nifty EV & New Age Automotive ETF
Groww Mutual Fund has filed draft documents with Sebi for Nifty EV & New Age Automotive ETF. Groww Nifty EV
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