YES Bank’s Q2 loan book grows 11.6% YoY; deposit base cross Rs 2-trn mark Reflecting steady pre-festive demand, private sector lender YES Bank posted 11.6 per cent year-on-year (YoY) growth in the loan and advances to Rs 1.92 trillion in the reporting quarter (Q2). Sequentially, its loan grew by 3.5 five per cent and crossed Rs 1.86 trillion as ...

Rupee appreciates 31 paise to 81.51 against US dollar in early trade The rupee strengthened by 31 paise to 81.51 against the US dollar in early trade on Tuesday, tracking weakness in the greenback in overseas markets and a rally in domestic equities. However, rising crude price in the international market restricted the rupee, forex traders said. ...

What happens if you miss a mutual fund SIP instalment? [ad_1] 1.A missed SIP instalment happens when there isn’t sufficient balance in the account. 2.Mutual funds do not penalise for missing an SIP instalment. 3.However, the bank will charge you a penalty for the insufficient funds and missing the auto-debit payment. 4.A mutual fund will cancel the SIP only after ...

12 money mantras to build wealth and not fall into a debt trap [ad_1] Is there a checklist for good money habits, a reader asked. This column has evolved into one with lists, mostly to make it easy for the readers to consider those points that matter to their financial lives. A lot about personal finance is, well, personal. What ...

Do you need a super top-up health insurance policy? [ad_1] While both top-up and super top-up plans have long been considered a good way to enhance health insurance at low cost, super top-ups were regarded primarily for senior citizens or those with conditions requiring frequent hospitalisation. However, in the past couple of years, super top-ups have gained prominence, with most ...

Do your mutual fund manager’s cash calls benefit you? [ad_1] Equity funds are sitting on the biggest pile of cash in recent years. At an aggregate level, equity funds are holding in excess of 4% in cash—not high in absolute terms, but high compared to last three years. Eighteen equity schemes have parked in excess of 10% of the portfolio ...

3 ways to systematically invest in stocks [ad_1] Investors can use the systematic way of investing in equities wherein they put in some amount of money each month over a period of time. This helps to generate wealth over the long term due to the benefit of the power of compounding. There are different ways of doing this for equity ...

Equity Market: Corrections are an inherent part of the equity market: What investors should not do [ad_1] In theory, most investors know that volatility and corrections are a part of the game in equities. When a meaningful correction strikes, however, many of them tend to forget this wisdom. They become nervous, anxious and even panicky. In that state of mind ...

UTI Flexi cap mutual fund review: Strong long-term track record [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTSDATE OF LAUNCH 18 MAY 1992 CATEGORY EQUITY TYPE FLEXI CAP AUM* Rs.26,503 crore BENCHMARK NIFTY 500 ...

Infrastructure Sector: It’s time to bet on infrastructure sector: 8 infra stocks with up to 83% upside potential [ad_1] The infrastructure sector is expected to grow substantially in the coming quarters, thanks to the 35% increase in capital expenditure outlay from Rs.5.54 lakh crore to Rs.7.5 lakh crore in this year’s budget. The government hopes this would have a multiplier ...