Investors across the world lack knowledge of the various markets around them. This may be attributed to a home-bias as people are mostly familiar with the functioning of markets in their region, and aren’t savvy enough about the global market scene. As a prudent investor, it is critical to crucially observe the performance of markets… Read More »
The mutual fund industry has undergone a massive transformation with the introduction of an option that will enable investors buy mutual funds online. In the face of strict competition by several mutual fund houses, innovation and transformation of conventional market practices are being viewed critically by mutual fund houses in order to attract a large… Read More »
It would be interesting news for several investors on how conveniently investments can be made in mutual funds on behalf of minors. Although this is an interesting alternative that may offer better returns on the initial investment sum, it is crucial to understand the nuances of the procedure and familiarize oneself with a few guidelines… Read More »
We are surrounded by the lack of infrastructural amenities that can make our lives better. The congested roads, frequent power shortages, Air traffic congestion etc are just some examples of the numerous problems that we face in our everyday lives. This just goes to prove the infrastructural abilities that India actually needs and the scarcity… Read More »
According to a recent press report, the Reserve Bank of India has imposed a monetary penalty of Rs. 5.00 lakh on The Baroda Traders Co-operative Bank Limited, Vadodara, Gujarat, in exercise of powers vested in it under the provisions of Section 47(A)(1)(b) read with Section 46(4) of the Banking Regulation Act, 1949 (As applicable to… Read More »
A recent press report said that Karur Vyasya Bank (KVB), the oldest private sector bank is on a revamp to fit into the new age. Mr. M.Venkataraman, Managing Director and Chief Executive Officer of the Bank said that the bank has undertaken a business re-engineering exercise and has developed a consistent customer relationship model. He… Read More »
The Mumbai District Central Co-operative Bank Limited is a central financing agency of all affiliated co-operative societies in Mumbai district, which is popularly known as “MUMBAI BANK” and is registered under MCS Act in the year 1974 and had started its functioning on 12th Feb.1975. Mumbai bank is involved in facilitating to the financial needs… Read More »
The Mumbai District Central Co-operative Bank Limited is a central financing agency of all affiliated co-operative societies in Mumbai district, which is popularly known as “MUMBAI BANK” and is registered under MCS Act in the year 1974 and started its functioning on 12th Feb.1975. Since there is no agriculture production in this District, MUMBAI BANK… Read More »
The Mumbai District Central Co-operative Bank Limited is a central financing agency of all affiliated co-operative societies in Mumbai district, which is popularly known as “MUMBAI BANK” and is registered under MCS Act in the year 1974 and started its functioning on 12th Feb.1975. Since there is no agriculture production in this District, MUMBAI BANK… Read More »
A recent press report said that North Malabar Gramin Bank’s total business has exceeded Rs. 5000 crore. Mr. V.K Saigal, chairman of NMGB said that the bank’s deposits have increased by 13 percent to Rs.2326 crore. Currently the net profit of the bank is Rs.12 crore but the target amount was actually Rs.18 crore for… Read More »