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Franklin Templeton AMC has written down 50% of its roughly ₹500 crore exposure to the company

Sebi directs LIC, SBI and BoB to submit compliance report within one month

Banks and financials are in a sweet spot because liquidity is good and rates are falling.

​It’s starting to look like India’s sovereign bond market is on the brink of a prolonged rout.

Short duration schemes or erstwhile short term funds are open-ended debt schemes that invest in instruments with macaulay duration between one and three years.

A flip side to the lending rates coming down is that the deposit rates offered by lenders such as banks also comes down

Also in talks with LIC to register and assist its 3.34 lakh agents

RBI today surprised everyone by keeping the policy rates unchanged, contrary to expectations of 15-25 bps cut.

Move to generate more participation and grow debt market, says Jason Giordano of S&P DJI.

Those borrowers who have home loans linked to the bank's MCLR may still see a lower EMI at least in the near future as the reset date arrives.

The floor price for the OFS has been set at Rs 3,170 per equity share.

New York-based $79 billion private equity firm Warburg Pincus is the largest shareholder with 43.5 per cent in the company.

In August last year T Rowe Price had filed a case in the Bombay High Court against the Union government asking it to prevent four PSU financial investors from scuttling UTI’s attempts at an IPO.