AMFI appoints C V R Rajendran as next chief executiveMutual fund industry body AMFI has appointed C V R Rajendran, former Chairman and Managing Director of Andhra Bank, as its next chief execu...
Budget 2014: Association of Mutual Funds of India seeks dedicated tax slabs for mutual fund investmentsFinance Minister Arun Jaitely is likely to present the Budget in early July and like other sectors, AMFI too, has come out with its wishlis...
AMFI may launch 'MF Utility' portal by end of FY 2014Association of Mutual Fund in India is likely to launch 'MF Utility' portal as a single platform for all mutual fund transactions by the en...
Amfi launches district adoption programme for investor awarenessAs part of the initiative to spread investor awareness, 200 districts will be adopted by 31 asset management companies in the first phase.
Amfi lobbies with finance ministry for mandate to run RGES in place of ELSSA permission to allow the domestic mutual funds to handle the proposed equity scheme will help the industry replace its existing tax-saver ...
- Burden of service should be passed on to consumers: Mutual fund industry
The mutual fund industry wants the consumers to bear the burden of 12% service tax on purchase of schemes and has also pitched for higher a...
- Mutual fund investors to now get consolidated details of transactions
Mutual fund investors will now get a monthly consolidated statement of all of their transactions in different fund houses.
- AMFI to launch new portal for all mutual fund transactions
The Association of Mutual Funds in India plans to launch a portal, MF Utility, next fiscal that will facilitate transactions by customers.
- Heard on the street
Four leading broking firms have taken a hit for funding front-entities of a Mumbai-based entertainment firm, whose shares tumbled in the re...
- Bankers to wait till RBI policy before taking call on rates
Bankers on Thursday said they would assess the liquidity situation and wait till RBI's monetary policy before taking any decision on intere...
- Cheaper home, consumer durables loans on way: IBA
Following the reduction in cost of funds, banks are reviewing the interest rate structure, according to the IBA. Why pay taxes? | Weekend P...
- RBI may resort to balancing act in monetary policy
RBI may resort to a balancing act between curbing high liquidity and spurring growth in the monetary policy review on Tuesday, bankers feel...
- Bank strike hits settlements
Banking services were hit in many parts of the country with almost 5 lakh bank employees staying away from work on Friday in response to a ...
- Govt should cut stake in banks to below 51%: IBA
The Indian Banks’ Association has made a representation to the government proposing consolidation of public sector banks as well as dilutio...
- IBA norms to appoint valuers in 3 mths
Indian Banks Association to frame guidelines for banks to appoint valuers for fixed assets in three months.
- Indian banks to mop up$ 3 bn by fiscal end
Indian banks are expecting to mop up around$ 3 bn overseas through the hybrid route by end of this fiscal due to increasing interest of inv...
- Centre should privatise banks: Sinor
The Centre should offload its stake in state-owned banks to realise the value of investments and hand over their management to professional...