Competition Commission clears LIC Mutual Fund-IDBI Mutual Fund dealDeals beyond a certain value require approval from the regulator, as it keeps a tab on unfair business practices in the market place.
IDBI Bank signs pact to transfer mutual fund schemes to LIC MF"In terms of Regulation 30 of the SEBI (LODR) Regulations, 2015, we hereby advise that on December 29, 2022, a Scheme Transfer Agreement (S...
IDBI Bank again puts mutual fund arm on the blockStarted in January 2010, IDBI Asset Management is 66.67 per cent owned by IDBI Bank and 33.33 per cent owned by IDBI Capital Market & Secur...
RBI nixes Muthoot Finance's plan to acquire IDBI Mutual FundMuthoot Finance had proposed to purchase 100 equity shares of IDBI AMC and IDBI MF Trustee Company held by the sellers for a total consider...
RBI rejects Muthoot Finance's proposal to acquire IDBI Asset Management CompanyIDBI Bank, which was planning to sell its mutual fund business for Rs 215 crore to comply with regulations, will now have to find a new buy...
RBI rejects Muthoot Finance's proposal to acquire IDBI AMCThe activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC,...
Muthoot Finance to buy IDBI MF for Rs 215 croreThe transaction is expected to be completed by February 2020.
IDBI Bank looks to sell MF arm to EdelweissThe total asset under management (AUM) of IDBI Mutual Fund declined to Rs 5,381 crore as on September 30, 2019.
IDBI Bank puts its MF, insurance units on the blockNow, depending on the capital plan, LIC will put in additional capital.
Auto, capital goods most preferred, suggests ET Markets PollThe participants of the ET poll include Aditya Birla Money, Ambit Capital, Anand Rathi, Angel Broking, Axis MF, Bajaj Allianz Life Insuranc...
- IDBI Mutual Fund launches gold fund
AMC IDBI Mutual Fund today launched a gold fund targeted mainly at retail investors and people without demat accounts.
- IDBI Mutual Fund to launch 3-4 new products this fiscal
IDBI Mutual Fund is planning to come up with three to four new products in both debt and equity space in the current financial year.
- IDBI dynamic bond fund seeks to encash rate volatility
IDBI Mutual Fund said its Dynamic Bond Fund will attempt to encash the short-term interest rate volatility, offering retail investors optim...
- IDBI AMC to break-even in 3 yrs; launches first NFO
The latest entrant in the country's mutual fund business IDBI Asset Management Company on Wednesday said it targets to break-even by 2013-1...
- IDBI AMC launches NFO for IDBI Nifty Index Fund
IDBI Asset Management (IDBI AMC), a wholly-owned subsidiary of state run IDBI Bank, on Monday announced its first new fund offer (NFO) for ...
- IDBI Bank gets Sebi nod to launch its MF operations
IDBI Bank has received final nod from capital market regulator, SEBI, to launch its mutual fund operations.
- 20 cos line up for pvt pension funds
The selected cos will have to incorporate the pension fund as a separate company in which direct or indirect foreign investment should not ...