Feb 20, 2017 at 13:08 | Source: Moneycontrol.com
On February 17, Anand Rathi Wealth Management acquired Religares interests in Wealth Management Business. Combined assets under management (AUMs) to cross Rs 13,500 crore after the deal is completed.
Feb 19, 2017 at 15:40 | Source: PTI
Fund houses are betting big oninvestments through systemic investment plan (SIP) to achievethe magical figure of Rs 20 trillion assets under management(AUM) for the industry by end of the current calendar year.
Feb 16, 2017 at 19:00 | Source: Housing.com/news
Piramal Enterprises’ financial services division, Piramal Fund Management (PFM), has sanctioned two investments worth Rs 1,020 crores under its flexible lease rental discounting (LRD) scheme. The firm has approved Rs 440 crores for Wadhwa R
Feb 16, 2017 at 10:16 | Source: PTI
"This is Indiabulls Asset Management's third real estate fund and its maiden commercial real estate fund after raising Rs 1,500 crore and deploying Rs 1,000 crore in the past two years under its residential strategy," the company said in a statement issued here.
Feb 15, 2017 at 12:32 | Source: PTI
The firm has approved Rs 440 crore for Wadhwa Group's commercial project in BKC in the megapolis while the second investment is of Rs 580 crore against ASF Group's IT SEZ development 'ASF Insignia' - in Gurgaon.
Feb 13, 2017 at 14:07 | Source: CNBC-TV18
Satin Creditcare Network Limited (SCNL), one of the leading microfinance institutions reported its quarterly results for Q3FY17. The company experienced a weak quarter with a 10 percent fall in its assets under management (AUM)
Feb 13, 2017 at 12:00 | Source: Moneycontrol.com
Bank of Baroda tanked more than 8 percent on asset quality concerns despite management assured that slippages will be contained going forward.
Feb 12, 2017 at 18:04 | Source: PTI
Beating demonetisation blues, financial services major Reliance Capital saw its mutual fund business register 25 percent surge in Assets Under Management to Rs 1.95 lakh crore in the third quarter of the current fiscal and said it is on track to list home finance unit by April.
Feb 12, 2017 at 10:54 | Source: PTI
Equity mutual funds saw an inflow of close to Rs 4,900 crore in January, taking the total fund infusion to about Rs 55,700 crore by 'optimistic' investors in the first 10 months of 2016-17 fiscal.
Feb 08, 2017 at 13:12 | Source: PTI
The outflow meant asset under management (AUM) of gold funds plunged by around 11 per cent so far in the current financial year.