The scheduled nationwide strike by SBI staff for May 25-26 has been cancelled. This decision comes after successful dialogue between the ba...

Bihar's cabinet has approved IndiGo Airlines to operate direct flights between Gaya and Bangkok for 12 months, aiming to boost internationa...

During his recent outreach to the Kangchup Chingkhong community, Chief Minister Yumnam Khemchand Singh addressed the pressing needs of Inte...

The All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...

SBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...

The Reserve Bank of India has unveiled draft guidelines for prepaid payment instruments. These new rules aim to strengthen compliance and c...

India is boosting electricity supply for summer. Maintenance shutdowns at thermal power plants are postponed. This adds 10,000 MW of power....

As per the order, the regulator conducted a thematic inspection of BOI AXA Mutual Fund for the period August 2018 to February 2019 to verif...

The Securities Appellate Tribunal has stayed the penalty imposed by capital markets regulator Sebi on PGIM Asset Management Company in a ca...

In its order, Sebi noted that five entities did not adhere to the provisions of the mutual fund regulations while executing ISTs between op...

Inter scheme transfer refers to shifting of securities from one scheme to another within the same fund house done at the market price.

Sebi said in case of close-ended schemes, inter-scheme transfer purchases will only be allowed within 3 business days of allotment after th...

The Securities and Exchange Board of India's revised disclosure requirements for debt mutual funds will increase transparency and help inve...

There is buzz that the illiquid securities are being moved to BAFs and other hybrid schemes via inter-scheme transfers. This is prompting m...

Over the month of April, credit risk funds sold bonds worth roughly Rs 5,500 crore to sister schemes. ICICI Prudential AMC, HDFC AMC, Kotak...

Inter scheme transfers in the mutual fund industry have inched up in December and January.

The internal compliance teams of some mutual fund houses have asked their fund managers to curb interscheme asset transfers, which is often...