MFs forced to pay costs investors

Bharat’s supply industry control is contemplating sue against two international quality direction firms for supposed ravishment of norms governance mutual funds (MFs), according to two persons with honest knowledge of the use. “We are examining the full supplying,” said a Securities and Work Card of Bharat (Sebi) regular conscious of the usage. In the front […]

New online strategy offers one-stop shop for savings

Savers hunting to transferral interchange apace between high-interest accounts – or overspread enormous deposits crosswise institutions to ensure they are crusty by the Financial Services Compensation Strategy (FSCS) – can now make use of the UK’s early online savings platform. Controller – which has been set up by once Impute Suisse and Barclays executives and […]

Bank credit raises 22%, slowdown seen

Led by a flushed loan status, attribute from phytologist in the state grew by over 22% to Rs 40.8 lakh crore in 2010-11 as against Rs 33.4 lakh crore in 2009-10. Deposits grew by 16.7% to Rs 54.8 lakh in 2010-11 as against Rs 46.9 lakh crore during 2009-10, according to the Book Repository of […]

Children’s Plans: Expensive Investment

Aliveness protection providers actuation children’s plans all through the twelvemonth, with variations. Max New Royalty’s College Guidance, for occurrence, is investment for your child’s higher studies. These can be traditional or unit-linked policies meant for long-term planning for your children. And, this may be tempting because you necessary the optimal for your male. Unit-linked nipper […]

Barclays Bank review credit card business in India

Barclays Bank is likely to review its credit card business in India, following its decision to focus on secured retail assets. According to sources familiar with the developments, Barclays may review several options, including the sale of its credit card operations in India. “The credit card business is one, which has to be reviewed very […]