Nine NBFCs surrender certificate of registration

Mumbai: Nine NBFCs, including Reliance Net and Nischaya Finvest Private Limited, have surrendered their certificate of registration, the Reserve Bank of India said on Tuesday. Penrose Mercantiles Ltd, Manohar Finance India Ltd, Chandelier Tracon Pvt…

Franklin India may take over five years to…

By Bijou George and Rahul SatijaInvestors in some of the credit funds run by Franklin Templeton’s India unit may have to wait over five years to fully recoup their money, the asset manager said in…

More relief could be coming for student loan…

As part of the House bill passed on Friday to deliver relief to a battered economy, people with student debt would get some more elbow room. The U.S. Department of Education has already announced that due…

What are the factors to consider while choosing…

Many mutual fund investors believe that investing in small cap mutual funds is the best way to pocket maximum returns. Even now, ETMutualFunds.com receives several queries from our readers asking whether they can invest in…