HDFC Mutual Fund: HDFC Top 100 mutual fund review: Needs to build new 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 FACTS DATE OF LAUNCH 10 NOVEMBER 1996 CATEGORY EQUITY TYPE LARGE CAP ...
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Time for measured RBI monetary policy moves: What prompted the rate hike
Time for measured RBI monetary policy moves: What prompted the rate hike The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday hiked the policy repo rate by 50 basis points to 5.4 per cent — a three-year high —owing to inflation concern and to shield the exchange rate, which has come under pressure ...
Read More »Enter the equity market believing that everyone is out to rob you: Here's why
Enter the equity market believing that everyone is out to rob you: Here's why [ad_1] At the heart of equity investing is the investors’ ability to trust the information and the numbers that companies release about their business. Without this trust, there’s nothing. [ad_2]
Read More »Monetary policy review: Economists see repo rate climbing to around 6%
Monetary policy review: Economists see repo rate climbing to around 6% The Reserve Bank of India (RBI) is likely to increase the repo rate by almost 60 basis points more, taking it close to 6 per cent, before holding off on further policy tightening in the current cycle, economists told Business Standard. According to the median of ...
Read More »Banks Start Raising Lending Rates After Rbi’s 50bps Hike
Banks Start Raising Lending Rates After Rbi’s 50bps Hike [ad_1] (This story originally appeared in on Aug 08, 2022) Mumbai: Banks have started hiking their lending rates after the RBI hiked the repo rate by half a percentage point on Friday. The rate at which the RBI lends to banks is called the repo rate. While the transmission to lending ...
Read More »Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds
Bank of Baroda to raise Rs 1,000 cr via infrastructure & affordable housing bonds Bank of Baroda, the second largest state-owned bank, is planning to raise Rs 1,000 crore through issuance of infrastructure and affordable housing bonds on August 12, a source close to the development told IANS. “The likely tenure for the bonds is seven years ...
Read More »Is August 9 a bank holiday? Check the state-wise bank holiday list here
Is August 9 a bank holiday? Check the state-wise bank holiday list here [ad_1] It is a bank holiday in certain states on August 9, 2022, on account of Muharram. In Jammu and Kashmir on August 8. Here is a look at the states in which banks will be closed on August 9. Banks are closed in these states August ...
Read More »CoinSwitch launches $10 mn fund to support start-ups, blockchain tech
CoinSwitch launches $10 mn fund to support start-ups, blockchain tech Indian crypto company CoinSwitch has launched a $10 million venture capital fund for investments in early-stage start-ups and building blockchain solutions. The Web3 Discovery Fund will curate portfolio start-ups and provide single-window access to investor partners Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund, ...
Read More »HDFC Bank increases MCLR on loans by up to 10 basis points
HDFC Bank increases MCLR on loans by up to 10 basis points Private sector lender HDFC Bank has increased its marginal cost of funds-based lending rate (MCLR) on loans across all tenures by up to 10 basis points (100 basis points = 1%). The new loan rates will be effective from August 8, 2022. As a result, borrowers will ...
Read More »Loan Interest Rates: Which banks have increased loan interest rates after RBI’s repo rate hike on Friday?
[ad_1] Bank of Baroda As per the bank’s website, the Baroda Repo Linked Lending Rate (BRLLR) has been increased with effect from August 6, 2022. For retail loans, the BRLLR is 7.95%. The BRLLR is made up of the current RBI repo rate i.e., 5.40% and a mark-up/base spread of 2.55%, according to the bank’s website. [ad_2]
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