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MFs selling spree continues; withdraw 16,306 cr from equities in February

Many investors had started to directly participate in equity markets by opening their Demat accounts ....

Mutual Funds , Stock Market , பரஸ்பர நிதி , ஸ்டாக் சந்தை ,

Bangladesh Bank orders MFS firms to stop advertisements targeting each other


 
Staff Correspondent, 
bdnews24.com
File Photo
Bangladesh Bank has ordered the mobile financial service or MFS providers not to conduct advertisement campaigns targeting each other with offensive content.
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The Payment Systems Department of the central bank in a circular on Sunday said it noticed the MFS providers using “snide and aggressive language to belittle each other”.
Such practice on advertisements on newspapers, electronic media or social media, leaflets, billboards, and agent or merchant points is “undesirable”, the central bank said.
The MFS firms must refrain from continuing the practice and follow the National Broadcasting Policy.
Among the MFS companies, bKash, Nagad, Rocket and UCash are the leading ones in terms of subscriber base. ....

Payment Systems Department , National Broadcasting , Bangladesh Bank , Central Bank , Mobile Financial Service , கட்டணம் அமைப்புகள் துறை , தேசிய ஒளிபரப்பு , பங்களாதேஷ் வங்கி , மைய வங்கி , கைபேசி நிதி சேவை ,

Fund query: Time your transfer from bank savings to equity mutual funds


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I have saved ₹12 lakh from my salary. The funds are in a savings bank account. Due to extreme volatility in markets, I have not invested this sum. Markets are at all-time highs. These funds are needed only in 2028 and 2030. Can I request your guidance on how and where to deploy this lump-sum amount? I am not concerned about volatility, since its normal in equity/MF investment. My concern is entry time and fear of buying at high prices, which may impact the returns.
Balaji, Bengaluru
Though holding funds in a savings bank account preserves your capital, it does very little in terms of making your money grow. Today, a savings account with SBI, for instance, fetches 2.7 per cent interest for any amount above ₹1 lakh. Yes, private banks such as Kotak Mahindra Bank offer a higher 4 per cent on savings accounts with a balance of over ₹1 lakh. But even this is not surely tempting enough to leave funds idling in bank accounts as the returns may not match inflation. ....

Dundi Ajay , Index Fund , Kotak Mahindra Bank , Nifty Next , Kotak Emerging Equity , Businessline Portfolio Star Track , Your Fund Portfolio , Mutual Funds , Systematic Investment Plan , Fixed Deposit , டண்டி அஜய , குறியீட்டு நிதி , கோட்டக் மஹிந்திரா வங்கி , நிஃப்டி அடுத்தது , கோட்டக் வளர்ந்து வருகிறது பங்கு , உங்கள் நிதி போர்ட்‌ஃபோலீயோ , பரஸ்பர நிதி , முறையான முதலீடு திட்டம் , சரி செய்யப்பட்டது வைப்பு ,

From 'spend or explain' to 'spend or get penalised': how CSR norms shift the goalpost

The voluntary aspect of CSR initiatives has been done away with. The penalty for non-compliance is now clearly defined. The rules have also changed the focus of CSR spends from ‘comply and celebrate to ‘collaborate and scale. Its time corporates redefine their CSR action plans to match up with the recent changes in law. ....