What is the difference between index funds and ETFs? [ad_1] 1.Index funds are openended mutual fund schemes while ETFs are funds traded on the stock exchanges. 2.Index funds can be invested in the physical format or in the demat format whereas ETFs require a demat account for investment. 3.SIP investments are possible in index funds but not in ETFs. 4.An ...

AT1 bond issuances likely to fall to around Rs 200 bn in FY2023: Icra The additional tier 1 (AT1) bond issuances are likely to fall sequentially to around Rs 200 billion in FY2023, from an all-time high of nearly Rs 428 billion in FY2022. The issuances were higher in FY22 as most were driven by refinancing obligations ...

Increasing the equity portion in EPF would be the most pro-employee move possible [ad_1] The debate over whether the Employees’ Provident Fund (EPF) should invest in equity is effectively over. A few days back, data about EPFO investments was tabled in parliament. The headlines said that total investments in equity of Rs.1.59 lakh crore had grown to Rs.2.27 lakh crore, ...

Banks’ AT-1 bond issuances may decline to Rs 20,000 cr in FY23: Report The issuance of Additional Tier-1 (AT-1) bonds by banks is likely to more than halve to Rs 20,000 crore this fiscal compared to the all-time high amount of Rs 42,800 crore raised in FY22, says a report. AT-1 bonds are those debt instruments without ...

GR Infra Stock: 5 reasons analysts are bullish on GR Infra stock [ad_1] Helped by strong execution and healthy order inflows from roads, railways and power transmission sectors, the integrated road EPC player, GR Infraprojects, reported strong numbers in the first quarter of 2022-23. The revenue and EBITDA grew by 16.1% and 40.8%, respectively, on a y-o-y basis. The reported ...

LIC Housing Finance, Bajaj Housing Finance hike lending rates by 0.5% Mortgage lenders Bajaj Housing Finance and LIC Housing Finance on Monday announced a 0.50 per cent hike each in their lending rates. The revisions come amid a rising interest rates scenario, which has seen the RBI hiking its key lending rate by 1.40 per cent since ...

Rbl Bank Super Citizen Fd Interest Rates: RBL Bank introduces super senior citizen FD with 7.75% interest [ad_1] On the occasion of International Senior Citizens Day (which was on August 21, 2022), RBL Bank launched a Super Senior Citizen Fixed Deposits Product. According to the press release, “RBL Bank has been offering highly competitive Interest rates on all Fixed Deposits, ...

Indian rupee at 4-week low; set to breach 80-level against USD, say traders By Anushka Trivedi (Reuters) – The Indian rupee hit a four-week low on Monday as the dollar continued its rally on the U.S. Federal Reserve’s hawkish stance, while the Chinese yuan’s weakness exacerbated losses in the local currency. The partially convertible rupee fell ...

You will not be able to use your HDFC Bank debit, credit card on August 23 during this time [ad_1] HDFC Bank has notified its customers via email that debit and credit cards would not be functional during a designated time due to maintenance on the HDFC Bank Debit/Credit Cards on August 23, 2022. Here is a look at the ...

Indian banks issue more certificates of deposits to secure cheap funding Indian banks have increased their fundraising activity through the issuance of certificates of deposits, as funding in the banking system continues to contract, analysts said. “Banks are not raising deposit rates, as they are able to get funds easily from money market by issuing CDs, and ...