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Moody’s withdraws IDBI Bank’s credit ratings for business reasons

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Moody’s withdraws IDBI Bank’s credit ratings for business reasons Global credit rating agency Moody’s Investors Service on Monday said it has withdrawn IDBI Bank Ltd’s ratings for business reasons. According to Moody’s, it has withdrawn the Ba1/NP long-term (LT) and short-term (ST) local and foreign currency counterparty risk ratings (CRR), Ba2/NP LT and ST local ...

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All you need to know about National Pension System (NPS) and its tax benefits

All you need to know about National Pension System (NPS) and its tax benefits [ad_1] Financial planning is one of the most essential steps to meet one’s life goals. A strong financial plan can help us manage our income, expenses, and investments, and allows us to build the life that we aspire for, taking into consideration fluctuating expenses, unexpected exigencies, ...

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Inside India’s investment paradigm: Top asset allocation strategies, trends and insights for 2023

Inside India’s investment paradigm: Top asset allocation strategies, trends and insights for 2023 [ad_1] With indications of a global recession becoming stronger, now is a good time for investors to look at asset allocation strategies to maximise investment returns amid a fragile macroeconomic environment characterised by high interest rates and muted investor confidence, said key investment strategists and experts from ...

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ipo: Some IPOs should never have happened. Those who invested in these only have themselves to blame

ipo: Some IPOs should never have happened. Those who invested in these only have themselves to blame [ad_1] Since late 2021, when the parade of IPOs of the ‘New Age Technology Companies’ started, there has been a constant stream of investors complaining about these companies on social media. The theme of complaints is always the same, that investors who invested ...

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IDBI manager held for swindling money from customers’ accounts in B’luru

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IDBI manager held for swindling money from customers’ accounts in B’luru Karnataka police have arrested a relationship manager of IDBI bank in Bengaluru in connection with transferring Rs 4.92 crore illegally to various accounts, police said on Monday. According to police, 34-year-old Sajila, a relationship manager attached to IDBI bank, Mission Road branch in Bengaluru ...

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