Dr. Rashmi Saluja, Executive Chairperson of Religare Enterprises, offers financial advice to young girls, students, and newly working women. She suggests setting financial goals, including investments in different instruments such as health and life insurance. Saluja also encourages women to read their goals aloud every day to remind themselves of their progress. Saluja faced challenges […]
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Foreign portfolio investors (FPIs) have been selling off stocks in the financial services and consumer durable sectors in the last two weeks of February. According to data from Prime Infobase, FPIs sold finance stocks worth Rs 2,263 crore and consumer durable stocks worth Rs 1,111 crore. Selling also occurred in information technology, metals and mining, […]
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Small Finance Banks (SFBs) offer fixed deposit (FD) schemes that provide attractive interest rates ranging from 9% to 9.50%. For senior citizens who are looking for regular income streams and higher returns on their investments, these FD schemes may seem like an attractive option. However, before making any investment decisions, there are a few factors […]
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Muthoot Finance, the Indian gold loan company, is looking to form co-lending partnerships with smaller non-banking finance companies (NBFCs) to counter competition from banks. If the plan succeeds, Muthoot Finance will be the dominant partner in co-lending due to its strong capital position with a capital adequacy ratio of 33.29% as of December 2022. However, […]
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