The Reserve Bank of India (RBI) on Saturday cancelled the license of Mumbai-based CKP Co-operative Bank. The RBI said ‘financial position of the bank is highly adverse and unsustainable’. It further added that the depositors are entitled to repayment of their...
“Business opportunities are like buses: there’s always another one coming.“ Hit by the Covid-19 slump followed by social distancing and a nationwide lockdown, businesses are experiencing major impacts no matter how established they are and are having to re-look at how...
Franklin Templeton shuts down six credit risk strategy debt funds; All investors need to know In an unprecedented decision, Franklin Templeton Mutual Fund has shut six of its open-ended debt funds, effective April 23. All these schemes followed the high-risk, high-return...
Health is Wealth let’s understand today about health insurance , benefits and current circular regarding health insurace by IRDAI. What is Health Insurance / Mediclaim ? Health insurance is an insurance which help to cover our hospital expenses at the time of medical emergency...
Market Participants are Quite Sure about LIC IPO & saying this IPO could be “IPO of the decade“. Asked about the quantum of dilution, Finance Secretary Rajiv Kumar said it could be 10% but no decision has been taken so far....
IT’S A BIG QUESTION IN OUR MIND LIC’S IPO IS GOOD OR BAD ??? Let’s understand in Details…. Q1. What is INITIAL PUBLIC OFFERING (IPO)???? An IPO is a big step for a company. It provides the company with access to...
