LIC Mutual Fund completes takeover of IDBI MF schemesLIC MF had an AUM of Rs 18,400 crore and IDBI MF had Rs 3,650 crore as of June. After completion of the merger, out of 20 schemes of IDBI M...
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 launches retail platform for inflation indexed bondsRBI Deputy Governor H K Khan today expressed the hope that a part of huge remittance inflows would be diverted to recently-launched IIBs, a...
- Take to Infra stocks only with a long term view : Sonam Udasi
" You could probably buy IDFC after seven days again at the similar price which was yesterday."
Jammu and Kashmir Bank signs MoU with IDBI for MF distributionJammu and Kashmir Bank has signed a memorandum of understanding with IDBI bank for distribution of IDBI mutual fund schemes.
- Titan Industries is a Neutral call: Sonam Udas
"Titan Industries is a Neutral call."
- IDBI Mutual Fund mops up Rs 94 crore from first gold fund-of-fund scheme
IDBI Mutual Fund has garnered around Rs 94 cr from its first gold fund of fund scheme so far with good response from retail investors.
- IDBI Mutual launches gold fund for retail investors with no demat accounts
IDBI Mutual Fund has launched a gold fund of fund scheme, which targets retail investors who do not have demat accounts and wish to invest ...
- 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 Gold Exchange Traded Fund collects over Rs 110 crore in New Fund Offer
IDBI Gold Exchange Traded Fund has collected over Rs 110 crore, predominantly from around 11,000 retail investors, including HNIs.
- IDBI gold exchange traded funds
Gold ETFs (exchange traded funds) have caught investors' fancy for a number of reasons.
- IDBI Mutual Fund proposes to launch long term debt products under the Gold Exchange Traded Fund
IDBI Mutual Fund, a subsidiary of IDBI Bank proposes to launch long term debt products under the Gold Exchange Traded Fund.
- IDBI Mutual Fund launches gold ETF
IDBI Mutual Fund, a wholly-owned subsidiary of IDBI Bank, said it has launched an open-ended gold exchange traded fund for retail investors.
- A late switch that augurs well for IDBI
It seems the new IDBI boss is of the view that the bank has strong potential to grow.