Author Archive

Bad Bank or Asset Management Company for Public Sector Banks

Setting up of a Bad Bank or Asset Management Company for Public Sector Banks (PSBs) has been in the consideration of the central government since 2017. The idea has gained momentum again in the wake of mounting

Asset Reconstruction Company (ARC)  and its role in NPA management

Asset Reconstruction Company (ARC) is a financial institution that is in the business of buying Non-Performing Assets (NPAs) from banks and financial institutions and effecting settlement with borrower. Mounting non-performing assets has been a major challenge for

18 Public sector banks report losses of Rs. 56,970 Crore in Q4, 2018.  

Balance sheets of public sector banks are bleeding in Q4, 2018. According to publically available data 18 listed public sector banks have reported losses to the tune of Rs. 56,970 Cr during Q4 of FY 2017-18 as

Debt Fund Scheme: Features and Characteristics

A debt fund is a Mutual Fund scheme with focus on steady, regular and risk free return. It is an ideal investment instrument for parking surplus funds for short term. The fund invests mainly in money market

Equity Mutual Fund Scheme: Features and characteristics

An Equity Fund Scheme is a growth oriented mutual fund scheme that aims capital appreciation on long term. This scheme invests major portion of the investible fund in shares/stocks of companies identified by fund manager through research.

MF Schemes become  transparent following categorization and rationalization directive by SEBI

Mutual Fund houses are in the process of reviewing and revising the fundamental characteristics of various MF schemes. Some of the schemes are renamed, similar schemes are being merged and some are re-categorized. The process is undertaken

Small account becomes the only bank account that can be opened without Aadhaar

Small account is the only bank account that can be opened without producing Aadhaar and PAN Card / Form 60. Even though, Aadhaar and Permanent Account Number (PAN) / Form 60 have been made mandatory for all

Common banking terms associated with Aadhaar

Bank account holders have come across much news about linking Aadhaar with bank accounts in the recent past.  All bank account holders were earlier directed to link their accounts with Aadhaar by RBI and central government. Many

Aadhaar is mandatory for all new accounts; small accounts exempted

Aadhaar is now essential for opening of new accounts. RBI has made Aadhar and Permanent Account Number (PAN) / Form 60 mandatory for all new accounts to be opened. However, for opening small accounts these documents are

Basics of investing 

Investing is an art. It is all about taking cautious risk to generate steady rewards. The basic principle of investment is that the asset selected should match the risk bearing capability of the investor. The investment should