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5 Top Performing Debt Mutual Funds You Can Bet On In 2022
A debt fund invests in fixed-income assets such as corporate bonds, government securities, treasury bills, commercial paper, and other money market instruments to generate interest. Debt funds are typically seen as a safer alternative to the stock market's volatility, as debt ...
IDFC Surge 19% After RBI Nod To Exit IDFC First Bank
During the trading session on Thursday, shares of IDFC soared as much as 19% after the Reserve Bank of India (RBI) permitted it to depart as the promoter of IDFC First Bank. IDFC Limited said on July 21 that the five-year ...
RBI Approves Capital First And IDFC Bank Merger
The apex bank on Wednesday has given a go-ahead to merge Capital First and IDFC Bank. In a filing to the exchanges, the Mumbai-headquartered NBFC, Capital First said that the RBI has given its ‘no objection' to the strategic deal via ...
IDFC and Capital First To Merge
IDFC Ltd. and Capital First Ltd. have announced their merger today. The boards of the two financial companies have approved the merger that will open doors to large corporate lending, small and medium enterprise loans and retail credit. Capital First shareholders ...
IDFC Bank Launches Virtual Credit Card
IDFC Bank today launched virtual credit card on the visa platform that would safeguard users from online frauds as the cards will not contain any bank account information thereby ensuring that they are not compromised. The virtual credit card would be ...
Nifty Falls Below 7000 As Markets Eye US Jobs Data
Benchmark indices opened the day weak, as global markets traded lower ahead of the US jobs data. Most Asian markets were trading weak, while Europe and US markets closed lower on Thursday. All eyes would be on the key US jobs ...
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