Reliance MF to acquire Goldman Sachs India MF biz

In last few years, a number of global players have exited the Indian mutual fund business. In its first ever acquisition, Reliance Capital Asset Management (RCAM) on Wednesday announced takeover of......

PFRDA tightens rules for pvt sector NPS

Tightening its norms for the private sector New Pension System, the Pension Fund Regulatory and Development Authority has disallowed fresh investments in equity mutual funds and ETFs from the......

Highlights of the Credit Policy

The following are the highlights of the mid-term review of Monetary and Credit Policy for the year 2003-04.MeasuresBank Rate kept unchanged at 6 per cent.Cash reserve ratio kept unchanged at 4.5......