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Cybercriminals fake courtroom, dupe MNC executive of Rs 59 lakh

 An executive of a multinational company was allegedly duped of Rs 59 lakh after he was made to believe that his 'Know Your Customer' documents were used for money laundering, the police said on......

How Bank of India Plans To Counter Deposit Woes

 A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business. Illustration: Dominic Xavier/Rediff.com Bank of India (BoI) will focus on 1,000......

Mutual funds increase exposure to banking, IT stocks amid outperformance

 The performance of banking and information technology (IT) stocks has had a significant impact on the composition of diversified mutual fund (MF) portfolios. Illustration: Dominic......

50 bps cut in interest rate likely by March 2025: Axis Mutual Fund

 'Investors can consider staying invested in long duration products as there is a possibility of rate cuts in the near term.' Illustration: Dominic Xavier/Rediff.com Positive macros — lower......

Mutual funds sought smallcap treasures in a sea of red

 Mutual funds (MFs) scooped up smallcap shares across sectors such as healthcare, banking and financial services in March 2024 amid a near 4.5 per cent fall in key smallcap indices. Illustration:......

20 years of private mutual funds in India

 It isn’t easy growing up. Especially, when you are under constant pressure to perform. The mutual fund industry is a perfect example. In 1993, when Kothari Pioneer – the first private......

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