Shadow banks are riding out the crisis while…

By Divya Patil and Anil PooniaThe health of India’s shadow banks remained resilient in August, suggesting that record stimulus steps by the nation’s authorities are helping the crisis-hit sector ride out the pandemic. Premiums on…

Central Bank of India reduces MCLR by 5…

Central Bank of India has reduced its marginal cost of funds-based lending rates (MCLR) by 5 basis points (bps) across all tenors, effective from Tuesday. The city-based lender has cut the one-year MCLR to 7.10…

The great multicap rejig; what should you do?

By Arun KumarUnless you are living under a rock, by now, your whatsapp and social media feeds would have been flooded with the latest Sebi announcement on restructuring multi cap mutual funds. While social media…