Bharti AXA Life Insurance : Health and Life Secure Policy

Bharti AXA Life Insurance : Health and Life Secure Policy Bharti AXA Life Insurance, a joint venture between Bharti Enterprises, one of India’s leading business groups, and AXA, one of the world’s largest insurance companies,  announced the launch of its first-of-its-kind He…

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Edelweiss Mutual Fund to launch second tranche of Bharat Bond ETF

Edelweiss Mutual Fund to launch second tranche of Bharat Bond ETF Edelweiss mutual fund will launch the two series of Bharat Bond ETF with an aim to raise Rs.14,000 crore. Close to 25% is reserved for retail investors and 75% for retirement funds, QIBs and non-institutional…

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PNB always with MSME entrepreneurs –Shri CH S S Mallikarjuna Rao

PNB always with MSME entrepreneurs –Shri CH S S Mallikarjuna Rao Punjab National Bank, today participated in a live “Webinar Townhall with CII”   on issues related to MSME customers across the country and to address their challenges in the face of COVID-19 pandemic. An importa…

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Cost of acquisition of Mutual Fund units will be inclusive of stamp duty for capital gains tax calculation..!

Cost of acquisition of Mutual Fund units will be inclusive of stamp duty for capital gains tax calculation..! There has been doubt in the minds of  distributors and investors about whether the cost of acquisition of mutual fund units would come down to the extent of stamp du…

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Canara HSBC Oriental Bank of Commerce Life Insurance 2019-20 Individual Claims settlement ratio at 98.12%

Canara HSBC Oriental Bank of Commerce Life Insurance closes FY 19-20 with Individual Claims settlement ratio at 98.12% and IEV of Rs. 2,907 Crs Performance driven by - Customer centric approach - Digital selling amplification - Well versed distribution strength / Leveraging Banca…

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Transfer of assets due to demise of MutualFund unitholders, AMFI has introduced a new set of norms..!

Transfer of assets due to demise of MutualFund unitholders, AMFI has introduced a new set of norms..! In a note, AMFI said, “SEBI had directed the AMCs to adopt a standard Transmission Request Form and a common set of documents for transmission of units as prescribed by AMF…

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RBI-Floating Rate Savings Bonds 2020(Taxable) opens on 1st July 2020

RBI-Floating Rate Savings Bonds 2020(Taxable) opens on 1st July 2020 The fixed rate 7.75% RBI bonds The fixed rate 7.75% RBI bonds (Taxable) that the RBI withdrew last month is now replaced with a taxable floating rate bond. The interest rate payable will be based on th…

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Micro-, Small and Medium-sized Enterprises Day - 27 June

Micro-, Small and Medium-sized Enterprises Day  27 June  United Nations declared June 27 as  International MSME Day ; the resolution was made to recognise the valuable contribution made by small businesses towards sustainable development 27 June:  International MSME Day PNB sanct…

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