Viewing home-buyers in the same class as financial creditors a positive for real estate sector: ICRA

Treatment of home-buyers at par with the financial creditors during the insolvency proceedings of bankrupt real estate developers is a positive to shore up the confidence for home buyers and the real... Read more »

JM Financial Credit Solutions NCD Offering is suitable for long-tenure fixed-income investors

JM Financial Credit Solutions Ltd. (JMFCSL) is a systematically important non-deposit taking non-banking financial arm of JM Financial group. It is engaged in providing integrated financial solutions to real estate developers with... Read more »

Study Finds Up to 150 Million Consumers Are Potentially Credit-Eligible

A new TransUnion CIBIL study estimates that nearly 150 million consumers who are currently not credit active are potentially eligible to become retail credit borrowers. Tapping into this huge potential borrower market... Read more »

AMFI and Times Network launch new investor awareness program for mutual fund investors

Times Network, a part of India’s largest media conglomerate, The Times Group and AMFI in a strategic partnership, today announced India’s biggest Mutual Fund awareness campaign, ‘Jan Nivesh’. Reaching out to millions of Indians... Read more »

59.4% of Large cap Indian equity funds underperformed their benchmark in 2017

The latest SPIVA® (S&P Indices Versus Active) India Scorecard reveals that over a one-year period, ending 29 December 2017, 59.4% of large-cap equity funds, 72.1% of mid/small-cap equity funds and 34% of... Read more »

HDFC Life launches HDFC Life Cardiac Care

  HDFC Life has launched a fixed-benefit insurance plan that covers 18 heart conditions, called HDFC Life Cardiac Care. These 18 conditions are classified into three categories as per the severity –... Read more »

Net equity inflows up 5.5 percent M-o-m

Industry AUM up 24% YoY; declines marginally on MoM basis According to the Association of Mutual Funds in India (AMFI), the Assets Under Management (AUM) of the Indian mutual fund industry came... Read more »

32 AMCs agree for payment of transaction charges to BSE

BSE is pleased to announce that 40 banks have been enabled for e-mandate on BSE StAR MF, India’s largest mutual funds distribution Infrastructure. BSE StAR MF introduced e-mandate facility on 20th January 2018. This is... Read more »

Industry AUM rises to Rs. 22.41 lakh crore in January: ICRA update

According to the Association of Mutual Funds in India (AMFI), the Assets Under Management (AUM) of the Indian mutual fund industry came in at Rs. 22.41 lakh crore in January 2018, up... Read more »

BSE StAR Mutual Fund introduces e-mandate facility

BSE StAR MF, India’s largest mutual funds distribution Infrastructure is introducing e-mandate facility on 20th January. This is completely paperless framework that will reduce the time taken for mandate approval to 3... Read more »