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    • IFC issues Rs 170 cr 'Masala Bonds'

      International Finance Corporation's latest issuance raised a total of Rs 1.7 billion (about Rs 170 crore) in four-year Masala bonds all were purchased by KBC Asset Management, a European fund manager.

    • Union Bank up 4%, buys KBC Asset Management's stake in JVs

      The bank said on August 26, its board members approved purchase of 49 percent stake in Union KBC Asset Management and Union KBC Trustee Company from KBC Participations Renta and authorised initiation process of acquiring shareholding in both companies.

    • Union Bank enters mutual fund space

      Union Bank enters mutual fund space by joining hands with KBC Asset Management of Belgium to launch Union KBC Asset Management Company.

    • UBI, Indiabulls get SEBI nod to enter MF space

      After waiting for over a year, the state-run Union Bank of India has finally got the approval from the markets watchdog Sebi to enter the mutual fund (MF) arena.

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