Posted in Banking

PMC Bank customers can not withdraw more than ₹1,000 from their accounts, says RBI

The Reserve Bank of India or RBI has put restrictions on the amount depositors of Mumbai-based Punjab and Maharashtra Cooperative Bank (PMC Bank) can withdraw from their…

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Posted in Banking

More forced lending to NBFCs can land banks in trouble, says Fitch report

NBFC disbursements have declined steeply as a result, with knock-on effects to other sectors, particularly consumption, it noted. The recent steps by the Reserve Bank…

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Posted in Public Health

Public health duty on violent crime in England needs more cash, UK bodies warn

Sajid Javid announcing changes to stop and search powers in Islington, London, in March. Photograph: Dominic Lipinski/PA A new legal duty on public health bodies…

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Posted in Investment

China Focus: China opens more sectors to foreign investment with new negative lists

BEIJING– China on Sunday rolled out revised negative lists for foreign investment market access, introducing greater opening-up and allowing foreign investors to run majority-share-controlling or…

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Posted in Investment

The scope of alternative investment in India as more Indians turn risk-seekers

Investments in real estate, private equity, land, venture capital, intellectual property, and equity long-short strategies are all alternative investments. An investment not made in bonds,…

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Posted in Investment

Pre-Budget meet: Farm sector seeks more investments, India Inc wants tax sops

Kicking off the Budget consultations with agriculture experts and India Inc, as she prepares for her maiden Budget to be presented on July 5, Finance…

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Posted in Investment

Coffee Can Investing | Navneet Munot feels investing in equities is more about EQ than IQ

In the first episode of the second season of Coffee Can Investing, Saurabh Mukherjea, Founder at Marcellus Investment Managers, talks to Navneet Munot, the Chief Investment Officer…

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