Quant Small Cap Fund hikes stake in Adani Power and 4 other stocks, trims exposure in 6 firms

Quant Small Cap Fund hikes stake in Adani Power and 4 other stocks, trims exposure in 6 firms

Quant Small Cap, the largest scheme under Quant Mutual Fund, raised its stake in Adani Power and four other stocks while trimming exposure to six counters during September. The fund increased holdings in Adani Power, Aster DM Healthcare, Bata India, Usha Martin, and Zydus Wellness during the month. It added 4.91 crore shares of Adani … Read more

RBI sets up new panel to update, streamline financial regulations

RBI sets up new panel to update, streamline financial regulations

Mumbai: The new Regulatory Review Cell (RRC) set up within the Reserve Bank of India’s department of regulation will give a structure to regulatory changes, help quicken the review process and allow financial institutions to flag redundant rules and give feedback on dated regulations, bankers and analysts said. A permanent review mechanism for old regulations … Read more

IndusInd Bank, AU Small Finance Bank among 8 lenders that saw rise in NPAs in Q1 – Taking stock

IndusInd Bank, AU Small Finance Bank among 8 lenders that saw rise in NPAs in Q1 – Taking stock

Indian Railway Finance Corporation Share Price 151.82 03:59 PM | 8 Oct 2024 7.47(5.18%) Suzlon Energy Share Price 73.64 03:59 PM | 8 Oct 2024 2.71(3.83%) Indian Renewable Energy Development Agency Share Price 224.39 03:59 PM | 8 Oct 2024 13.26(6.29%) Tata Motors Share Price 919.8 03:59 PM | 8 Oct 2024 -8.06(-0.87%) YES Bank … Read more

Liquid Plus FD: Jana Small Finance Bank launches new fixed deposit schemes at 6.75% interest rate

Liquid Plus FD: Jana Small Finance Bank launches new fixed deposit schemes at 6.75% interest rate

Jana Small Finance Bank has floated a new FD scheme — Liquid Plus Fixed Deposit — at an interest rate of 6.75% per annum for tenures ranging from 7 to 180 days. The rate is applicable to a minimum deposit of Rs 10 lakhs for retail deposits up to Rs 3 crore, and for bulk … Read more

RBI sets up advisory group to assist regulatory review authority

RBI sets up advisory group to assist regulatory review authority

The Reserve Bank on Friday said an advisory group has been constituted to assist the second Regulatory Review Authority (RRA 2.0) which was constituted by the central bank earlier this month to streamline regulations and reduce the compliance burden of regulated entities. Headed by SBI Managing Director S Janakiraman, the advisory group will assist the … Read more