This will significantly enhance the ease of making payments for investments in securities, says RBI Governor Shaktikanta Das.
In addition, a maximum of four members would be permitted in a consortium.
More than 4.6 million people have received similar cash aid according to a report from The United Nations High Commissioner for Refugees (UNHCR).
One thing to understand is that we invest THROUGH mutual funds, not IN mutual funds. What it means is that when we say we invested in mutual funds, we are correct and wrong.
“I didn’t ever want to commit fraud on anyone. I was shocked at what happened this month,” Bankman-Fried said.
The four national parties had recently filed their latest contributions reports to the Election Commission which made the documents public on Tuesday.
Large scale violations and irregularities were unearthed. The foremen don’t have any control of chit accounts and no knowledge of the bank accounts and affairs of the chit business.
The Securities and Exchange Board of India (SEBI) defines small-cap companies as those which are ranked below the 250th rank in terms of market capitalisation.
Here is a look at the development of the idea of "loss and damage," the term it's given in climate negotiations, and what we know about the fund.
Speaking to mediapersons here on Saturday, he welcomed the State-wide swoop on chit fund companies, including Margadarsi by officials.
'I would like to tell the central government that releasing funds for the 100-day work scheme is a constitutional norm,' Mamata Banerjee said.
"In many instances, the export proceeds are not realised in the declared bank accounts, thereby indicating that the export proceeds are received through other than banking channels," it said.
In the last column, we commenced a discussion on Mid Cap Funds.
Vodafone Idea (ViL), India’s third-largest telecom operator, is planning to raise funds via issuance convertible debentures.
Mid Cap Funds, as its title suggests, are a category of equity funds that invest predominantly in mid-sized companies.
As per the government orders, these ULBs have to deposit 31 per cent of share in the Escrow account. However, except Nizampet, they are not releasing the share for the works completed.
The devastating floods have so far affected 33 million people across the country, claimed over 1,700 lives and destroyed large farms, resulting in a crisis-type situation.
A disorderly tightening of financial conditions could trigger significant redemptions from these funds and contribute to stress in asset markets, the report said.
Orban's government is expected to pass 17 key changes, aimed at monitoring the use of EU funds closely and making the legislative process more transparent.
In the last column, we commenced a discussion on Large Cap Funds. In this column, we shall turn the spotlight on some of the funds with larger Assets under Management (AUM).