Bandhan Banking & PSU Debt Fund NAV Hits 11.3974
Discover the latest Net Asset Value (NAV) of 11.3974 for the Bandhan Banking & PSU Debt Fund, an open-ended scheme launched in 2013. Learn more about its performance.
India Govt Achieves 78% FY27 Divestment Target by August
India’s government has successfully raised ₹62,124 crore, achieving 78% of its FY27 divestment and asset monetization target by August through PSU stake sales and InvITs.
Sebi Eases Merchant Banker Rule for Small Debt Issuers
Sebi proposes exempting listed companies from hiring merchant bankers for small-value debt private placements to reduce costs and delays for issuers.
Angel One Stock Picks: Siemens, Laurus Labs, BHEL Buy (Aug 28)
Angel One’s Hitesh Rathi recommends buying Siemens, Laurus Labs, and BHEL on August 28, 2026, citing strong technical indicators and potential uptrends. Details inside.
SBI Funds Management: Jefferies Initiates ‘Buy’ with 26% Upside
Jefferies initiates ‘Buy’ on SBI Funds Management, setting a Rs 710 target and projecting a 26% rally, citing strong SBI partnership and distribution moat.
Promoter Premium Investment Signals Company Confidence
Piramal Finance & Ather Energy promoters invest at a premium during QIPs, showcasing strong confidence in future growth and company value.
Raksha Bandhan 2026: Smart Financial Gifts for Sister’s Future
Secure your sister’s future this Raksha Bandhan 2026 with smart financial gifts like mutual funds, FDs, Gold ETFs, or health insurance. Practical choices for lasting security.
RBI Holiday: Banks Closed in 13 Cities Today, Markets Open
Banks in 13 Indian cities are closed on Aug 28 due to regional holidays like Raksha Bandhan. Financial markets in Delhi & Mumbai remain open.
SBI Hikes Bulk Deposit Rates by 25 BPS, Retail Rates Steady
State Bank of India (SBI) increases bulk Fixed Deposit interest rates by up to 25 basis points. Retail FD rates remain unchanged. Learn more.
Alpha Wave Sells 7.78% Aye Finance Stake for ₹410 Cr
Alpha Wave India I LP divested its entire 7.78% stake in Aye Finance for over ₹410 crore via bulk deals on BSE, with new institutional investors acquiring the shares.
Mumbai Woman Loses ₹7.21 Cr in Elaborate Cyber Scam
A 68-year-old Mumbai woman was scammed out of ₹7.21 crore by cybercriminals impersonating officials, threatening her with false charges. Funds were moved to bank accounts and crypto.
NaBFID & NABARD Partner for Rural Infrastructure Funding
NaBFID and NABARD join forces via MoU to enhance rural infrastructure financing across India, focusing on scalable solutions for critical development projects.
IRDAI Allows Insurers to Fund NDB’s ₹25,000 Cr Bonds
IRDAI greenlights Indian insurers to invest in NDB’s ₹25,000 Cr Maharajah Rupee Bonds, boosting funds for sustainable infrastructure & green projects in India.
Govt Debunks Subhash Chandra Loan Haircut Claims
Government sources clarify that 99.97% loan haircut claims against Subhash Chandra are misleading, detailing his role as a personal guarantor for corporate debts.
Shriram Finance ‘Hold’, UltraTech Cement ‘Buy’: Expert Stock Picks
Market experts Jatin Gedia and Jash Shah provide stock recommendations: ‘Hold’ Shriram Finance, ‘Buy’ UltraTech Cement, and advise caution on Tata Motors PV.
RBI VRRR Auction Shortfall: Liquidity Absorption Challenges
RBI’s overnight VRRR auction received ₹1.42T bids against a ₹2T target, signaling continued liquidity absorption efforts and a new three-day auction.
RBI Eases FCNR(B) Dollar Swap Access for Banks
RBI relaxes weekly access for banks on FCNR(B) dollar-rupee swaps over $100M, boosting flexibility in managing large dollar inflows.
Sebi Proposes Merchant Banker Exemption for Small Debt Issues
Sebi proposes exempting small-value debt issuers from mandatory merchant banker appointments under strict conditions, aiming to streamline processes for eligible entities.
Bank of India Ultra Short Term Fund NAV Update & Tools
Track the Bank of India Ultra Short Term Fund’s NAV as of Aug 25, 2026. Explore performance data and tools to build your investment portfolio.
SEBI Eases Merchant Banker Rules for Small Debt Issues
SEBI proposes exempting small-value debt issues (Rs 10,000 face value) from mandatory merchant banker appointments to reduce compliance costs and boost market development.
Piramal Finance QIP Attracts ₹21,000 Cr Demand
Piramal Finance’s QIP garners massive ₹21,000 crore demand, 10x base offer, from global & domestic investors. Filings pending.
RBI to Drain Liquidity Amid Looming Rate Hikes
Indian bond traders expect the RBI to withdraw surplus liquidity using long-term tools, signaling preparations for potential interest rate hikes amid rising inflation.
HDFC Bank Challenges Chandra’s Debt Plan Over 99.97% Haircut
HDFC Bank plans to appeal NCLT’s approval of Subhash Chandra’s debt resolution, citing a massive 99.97% haircut for creditors, impacting Rs 22,006 crore claims.
Sensex, Nifty Dip Amid Selling Pressure: HDFC Bank Drag
Indian markets Sensex and Nifty hit one-week lows on Thursday due to intense selling pressure, with HDFC Bank shares plummeting.
Capri Global Eyes 40% Gold Loan Growth with 400 New Branches
Capri Global Capital targets a 40% surge in its gold loan portfolio, aiming for Rs 28,000 crore and 400 new branches by December, driven by rising gold prices.
Bank of India Short Term Fund NAV Reaches 14.56
Discover the latest Net Asset Value (NAV) for the Bank of India Short Term Fund – Regular Plan (IDCW Monthly). As of August 25, 2026, the NAV stands at 14.56, showing a 0.07% change.
RBI’s Loan Pricing Framework: Boost Transparency by 2027
RBI introduces a new draft framework for standardized loan pricing by banks & NBFCs, aiming for full implementation by April 1, 2027. Enhance borrower transparency.
India’s Fiscal Outlook Boosted by IDBI Bank Sale & Tax Revenue
India’s fiscal outlook brightens as IDBI Bank privatization and strong tax collections help surpass the ₹80,000 crore asset sale target, signaling improved government finances.
Car Loan India: Best Rates Start at 7.35% | Business Standard
Looking for a car loan in India? Public sector banks offer competitive rates starting at 7.35%. Compare EMIs and find the best deal for your new vehicle.
HDFC Bank Drags Indian Markets Down Amid Geopolitical Fears
Indian stock markets Sensex and Nifty fell on August 27, 2026, led by HDFC Bank’s decline and ongoing geopolitical uncertainty. Market analysis and key movers.