SIDBI joins tech platform KarmaLife to offer micro loans for gig workers
SIDBI has entered into an agreement with a fintech Onion Life Private Limited to use the latter’s technology platform, KarmaLife,
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Banking Finance Year 2024
HDFC bank 1st private bank with branch in Lakshadweep
HDFC Bank opened a branch at Kavaratti Island in Lakshadweep, making it the only private sector bank to have a
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Bandhan Bank CEO Chandra Shekhar Ghosh to retire in July
Bandhan Bank Managing Director and Chief Executive Officer (MD & CEO) Chandra Shekhar Ghosh would retire after the completion of
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Digital Ecosystem and Banking Sector
India’s presidency of the G20 in 2023 placed digital public infrastructure (DPI) on the global map. Until November 2022, DPI
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Sebi asks mutual funds to stop fresh subscriptions in overseas ETFs from April
As the $1 billion investment limit is about to get breached, markets regulator Sebi has told asset management companies (AMCs)
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As $1b limit nears, MFs told to suspend overseas ETF inflows
India’s capital markets regulator has ordered local mutual fund managers to stop accepting money in plans that invest in overseas
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ICICI Prudential Commodities Fund to invest in Silver ETFs
ICICI Prudential Mutual Fund has changed the fundamental attribute of ICICI Prudential Commodities Fund. The scheme may also invest in
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Nippon smallcap mutual fund revises exit load and limits subscription
Nippon India Mutual Fund has decided to revise the exit load and limit subscriptions in Nippon India Small Cap Fund.
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Aditya Birla Sun Life Mutual Fund introduces daily SIP facility in 30 schemes
Aditya Birla Sun Life Mutual Fund has introduced daily frequency under SIP facility in 30 mutual fund schemes. The fund
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Mutual fund stress test spooking market, no scientific basis: Former Sebi official
Sebi-enforced stress tests of various smallcap and mutual fund schemes are unnecessarily spooking the market as there is no scientific
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