RBI approves appointment of C VR Rajendran as the MD & CEO of Catholic Syrian Bank
C VR Rajendran, the current AMFI CEO is likely to take up this new role. However, the final appointment could take some more time.
by Nishant Patnaik Nov 19, 2016
SEBI provides clarity on investment guidelines of AMC officials
This will come into effect from December 1, 2016.
by Nishant Patnaik Nov 18, 2016
SEBI is likely to allow fund houses to provide instant redemption facility in liquid funds
The market regulator may look at allowing withdrawal of up to Rs.2 lakh in liquid funds for retail investors.
by Nishant Patnaik Nov 17, 2016
AMFI requests RBI to leverage MF network to help people exchange or deposit currency
The industry has close to 2000 branches across the country.
by Banali Banerjee Nov 16, 2016
SEBI asks AMCs, R&Ts and RIAs to upload KYC data on central KYC platform
This will pave way for a single KYC which will suffice to invest in all financial products.
by Team Cafemutual Nov 14, 2016
Small MF distributors should be exempted from RIA regulations: COFP
Bangalore based Council of Financial Planners (COFP) has sent its recommendations to SEBI on the consultation paper.
by Team Cafemutual Nov 10, 2016
G Mahalingam is the new Whole-Time Member at SEBI; to look at MFs
Mahalingam replaces Prashant Saran who was heading investment management division which includes mutual funds.
by Team Cafemutual Nov 9, 2016
Here is how Trump win will affect the economy
Experts say that there will no impact in the mutual fund industry and one has to wait and watch for the December hike in the interest rate.
by Darshita Shah Nov 9, 2016
FPSB India lauds SEBI’s efforts to expand scope of RIA Regulations
According to FPSB, the proposed removal of ‘incidental advice’ by the distributors and other professionals is a welcome step and it would protect the investors from getting advice that may not necessarily be in their best interests.
by Team Cafemutual Nov 8, 2016
Distribution of mutual funds Industry will be shut, if SEBI proposals are implemented: United Forum
Absence of large distribution network will see household savings shift to physical assets like gold and real estate, says United Forum.
by Team Cafemutual Nov 7, 2016
Service tax liability of distributors may go up to 18%
Also, mutual funds may get costlier for investors.
by Nishant Patnaik Nov 4, 2016
Increased disclosure for credit rating agencies will help MF industry, say fund managers
Heres what fund managers have to say about SEBIs new guidelines for credit rating agencies.
by Banali Banerjee Nov 3, 2016
Jharkhand High Court hears commission disclosure appeal against SEBI
The next hearing is scheduled on November 8.
by Ravi Samalad Oct 31, 2016