Franklin Templeton MF committed to return investors money at earliest, says company president Sanjay Sapre
Franklin Templeton Mutual Fund, which closed six of its debt funds citing redemption pressures and lack of liquidity in the bond markets, on Monday said it is committed to return investor money at the earliest
Franklin Templeton says discussed decision to shut 6 MF schemes with SEBI; regulator saw 'reason' in move
Franklin Templeton says investors will have to wait for a few months to get their money
Saudi Aramco in talks with banks to borrow about $10 billion for acquisition of 70% stake in SABIC: Report
Aramco agreed last year to buy the controlling stake in SABIC from the kingdom’s wealth fund for $69.1 billion, sealing one of the biggest-ever deals in the global chemical industry.
Dollar thrives, Aussie trampled in rush for liquidity amid deepening fear around coronavirus drives scramble for greenback
All other currencies are well-below where they were a week ago as investors sell just about everything for dollars and businesses seek to draw down loans and hoard cash to ride out the crisis.
Coronavirus will paralyse gig economy, big businesses; it's up to policymakers to not let this become full-blown economic crisis
To address the problems arising out of the unique structure of the Indian economy and to ensure that the economic engine keeps cranking, both monetary and fiscal measures will be required soon.
Decline in rural sales hits FMCG in 2019; revival likely by second half of 2020 but sector unlikely to achieve double-digit growth
To overcome, FMCG makers have introduced low unit price packs in multiple categories to make their products affordable and have also introduced multiple promotions and offers.
DHFL crisis: Savings of over 1 lakh fixed deposit holders at risk as trouble mounts for debt-laden mortgage firm
Cases of fund diversions, as revealed in a forensic audit by accounting firm KPMG, may scuttle the resolution plan for DHFL that has been in the works for several months.
Hours after RBI governor Shaktikanta Das's call, Axis Bank says linking loans to repo is not the only way for faster transmission
Till the last rate cut of 0.35 percent, the banks have passed out only 0.29 percent of the 0.75 percent in rate cuts initiated by the RBI to the final borrowers.
Deloitte Haskins and Chaturvedi & Shah are the auditors of the company.
In India, the company said that liquidity issues in the NBFC and banking sector along with rural stress have negatively impacted sentiments
DHFL had defaulted on bond repayments on 4 June.
RBI cuts rates by 25 bps: India Inc hails central bank decision, says it will induce liquidity in economy
For the third time in a row, the RBI cuts the repo rate cut by 25 basis points. It will definitely spur growth for the real estate sector specifically.
The RBI board has decided to handle liquidity problems in the NBFC sector in a “nuanced” manner by improving liquidity and tightening regulatory norms without sending a “panic” signal to the market
Sensex jumps over 300 points after appointment of Shaktikanta Das as new RBI governor; banking, auto, FMCG stocks in positive zone
Sensex was trading higher by 324.94 points, or 0.92 percent, at 35,474.95. All the sectoral indices, led by banking, auto, and consumer durables stocks were trading in the positive zone.
NBFCs' asset growth to halve to 10% in H2 on liquidity woes; disbursements decline by 20-40%: Crisil report
The NBFCs, including housing finance companies, had notched up a 20 percent growth in their assets under management for the first half of the fiscal ending September.
Now stacked with government nominees who can be counted on to support the administration, the Reserve Bank of India board is being transformed from having a passive advisory role into a body that can exert pressure for policy change
RBI vs govt: At 19 November board meet, S Gurumurthy’s economic theories and other pain points await Urjit Patel
Gurumurthy’s recent comments had challenged the central bank on multiple issues and some of his economic theories had surprised many.
Govt wants Rs 3.6 lakh crore cash surplus from RBI: Eating into central bank's reserves is a dangerous idea, will set a bad precedent
As this has not been done before, doing it now will definitely send a signal that all is not well with the government’s finances and will hence raise several questions on the running of the Budget.
Govt versus RBI turf war: Running over a central bank has not been good for any economy, warns Raghuram Rajan
Raghuram Rajan was of the view that the rift between the government and the central bank could be resolved if both sides respect each other's intent.
Government officials have recently called for the Reserve Bank of India to relax its lending restrictions on some banks