Will I be able to build a corpus…

I am 47 years old. I have been investing Rs 3,000 per month in SBI Bluechip Fund for the last six months. I also have investments in a PPF account: I have been investing Rs…

SBI has distressed assets worth Rs 1.5 lakh…

The State Bank of India (SBI) has about Rs 1.5 lakh crore in distressed assets, according to Rajnish Kumar, chairman and managing director of the public lender. "We have the dubious distinction of having the…

Banks sanction Rs 1.63 lakh crore to 42…

New Delhi: The finance ministry on Sunday said banks have sanctioned loans worth over Rs 1.63 lakh crore to more than 42 lakh business units under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme…

About 15 lakh took Covid insurance in a…

About 1.5 million lives have been insured within a month under the two Covid-19 specific insurance policies, Corona Kavach and Corona Rakshak, according to Subhash Khuntia, chairman of the Insurance Regulatory and Development Authority of…

NSE imposes Rs 5.36 lakh penalty on NDTV…

NEW DELHI: News broadcaster New Delhi Television Ltd (NDTV) on Saturday said the NSE has imposed a penalty of Rs 5.36 lakh on the firm for delay in appointing the sixth director on the board.…

Bankruptcy stick helps seal 9650 cases with 3.7…

New Delhi: The fear of the bankruptcy action has helped settle over 9,650 cases involving claims of around Rs 3.7 lakh crore, with companies and their promoters settling the dues before the case was admitted…

‘Equity AUM rises 21% to Rs 7 lakh…

The asset base of equity mutual funds surged 21 per cent to over Rs 7 lakh crore during the June 2020 quarter, primarily on account of rebound in markets and backed by strong SIP inflows,…