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Indian Bank Hikes MCLR By 0.10 Pc Across, Tenors From Sep 3
State-owned Indian Bank has revised the marginal cost of funds-based lending rates (MCLR) by 0.10 per cent across tenors from Saturday, which will make most of the consumer loans costlier. It has also revised the lending rates benchmarked on treasury bills. ...
US Fed Raises Benchmark Interest Rate A Quarter Point
The US Federal Reserve today raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target. But in announcing the first move since President Donald Trump took office in January, the ...
5 mutual fund schemes in India with a good track record
Recently, mutual funds have become a popular investment option for investors as benchmark indices have been scaling new heights. Here are a few mutual funds schemes that have done reasonably well in the past. Investors may analyze their portfolio and invest with professional help. {photo-feature}...
Schemes of Benchmark Mutual Fund to be Renamed
Recently Goldman Sachs Group has agreed to buy Benchmark Asset Management Company (AMC), India's largest provider of index-tracking funds. Benchmark Asset Management Company was founded in 2001 and has so far launched the maximum number of ETFs in India. It ...
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