Mutual fund investments (total value of assets) of retail investors rose 9.3% year-on-year to Rs 23.4 lakh cr in Jan 2023. +Fabindia has withdrawn its plan for a $482 million IPO. +Divgi TorqTransfer Systems has set its IPO price band as Rs 560-590 per share. +Government today released the 13th installment of over Rs 16,000 … Read more
The government has thrown its money on petrol and diesel. If everyone agrees, then they are ready to bring it under GST. But the blame is on the states to agree to this in the council. But as the Centre said that if the states implement OPS (Old Pension Scheme), then the Center will not … Read more
PNB Housing Finance Limited (PNB Housing) has increased the interest rates on its fixed deposits. The new interest rates will come into effect from February 17, 2023 and will be applicable to interest rates below Rs 5 crore. The bank is offering the benefit of 7.35% to 7.40% interest rate on tenure ranging from 12 to … Read more
Being a television personality recommending stocks to buy and sell can be a tough job. Often times, viewers and investors will remember calls that were wrong and focus less on the winning callouts. What Happened: In an emotional segment, Cramer apologized to viewers for recommending Meta Platforms (NASDAQ: META) shares based on valuation. “I come out here and I try … Read more
With Adani, SBI will also go down Sbi shares can also be a victim of falling due to Adani. India’s largest bank has a loan of USD 2.6 billion to Adani Group. If you are a shareholder of State Bank of India or have taken a mutual fund anywhere in which the investment is directly … Read more
CreditVidya Founded in 2012 by financial analyst Abhishek Agarwal and banking veteran Rajiv Raj.CreditVidya’s full-stack platform enables businesses to embed customized credit products through APIs. The platform offers the entire customer lifecycle – from origination to underwriting to collections of loans. It also allows customers to borrow from its lending partners including TVS Credit, Aeon Credit, Fullerton India … Read more