The gradual shift of household savings away from physical to financial assets and the increasing share of MFs in part explain the stellar AUM growth
This will be part of the asset-liability management (ALM) norms for the sector that RBI is working on to make these financing companies more dynamic in reporting liquidity
While there are multiple growth levers in the long term, potential stake sale in fee based business can be an immediate trigger for the stock
The company has seen a rental growth of 25 per cent to 35 per cent despite market sentiments being low
Rashesh Shah of Edelweiss Financial Services believes the market seems to be settling at a fairly strong base. He now sees strong credit growth coming from outside of the banking arena.
Nilesh Shah expects DIIs to be net buyers of Rs 75,000 crore to Rs 1 lakh crore in calendar year 2017. He does not have a direct exposure to telecom due to pricing war which is going on.
The conglomerate is in talks with Vanguard Group and Allianz SE to sell a 26-49 percent stake in Tata Asset Management, according to a report in Mint.
Equity, debt and fixed maturity plans (FMPs) are some of the themes for which the MF houses have filed the applications.
Strength in all three business â€“ broking, asset management and housing finance â€“ along with a favourable business mix helped post a strong second quarter says Raamdeo Agrawal, Joint MD at Motilal Oswal Financial Services.
The transaction was closed on July 22, following the receipt of all required approvals, it added.
Axis Mutual Fund, one of the leading asset management companies, has launched a unique initiative ...
The 'Modi premium' that has lifted Indian equities over the past year or so is still in place and may propel local shares to a fresh all-time high next year, says Morningstar Investment Management's Andrew Lill.
NYSA, an advisory & management consultancy group with offices in India, USA, China, Brazil & Singapore, facilitates immigration to the United ...
The aim is to improve the livelihoods of small-scale farmers, as well as enhancing sustainable economic development in a socially responsible manner, Rabo Bank said in a statement.
Reliance Anil Dhirubhai Ambani Group (ADAG) on Thursday announced a strategic alliance with Sumitomo Mitsui Trust Bank in which the Japanese bank would pick up 2.77 percent stake in Reliance Capital
With the growth of the Indian real estate market over the past decade and the increased focus on the quality of buildings by buyers and sellers, Property & Asset Management will play a vastly amplified role in the immediate and long-term future.
Investors in exchange-traded products in June fled out of the commodity market after the US Federal Reserve announced its decision to start tapering their quantitative easing programme, later this year.
Mutual Funds reduced their exposure to banking stocks by more than 2 percent. Their holdings in banking stocks by 2.4 percent in May compared to the previous month.
Reliance Capital Asset Management, a part of Reliance Capital, today said its open-ended equity growth scheme, Reliance Growth Fund, has achieved a net asset value (NAV) of Rs 500. According to the company, this is the first fund in the industry to achieve this NAV level. The fund was launched 17 years ago.
Sam Ghosh, CEO of Reliance Capital tells CNBC-TV18, the company has registered about 17% growth in the first quarter of FY13.
If you want to know how ethical your broker is, give them a moral dilemma and see how much they sweat before deciding what to do.
CNBC-TV18 reports that only a "strategic review" with onshore businesses of Fidelity Investment's asset management arm in India is going to be put on the block.
CRISIL Ratings has come out with its report on Indian broking houses' core broking and investment banking businesses. According to the rating agency, businesses like wealth advisory, asset management, and retail lending will contribute 50% of the broking houses’ profits in 2012-13.
Reliance Capital Chairman Anil Ambani today said the company is looking at unlocking value by divesting across its businesses and is in "advanced stage" of talks to sell a stake in its asset management and mutual funds business to Nippon Life of Japan.