As per the latest data released from the Reserve Bank of India, nearly 90% of the funds, which are parked by the banks in mutual funds (MFs) come back into the banks. The funds come in the form of overnight borrowings through various channels. RBI said that the banks parked Rs 66,687 crore in MFs [...]
Archive for October 31st, 2009
31 Oct
RBI Raises Concern over Circular Investment Btw. MFs & Banks.
Posted by smcinvestmentindia in Banking, Business, Capital Market, Company, currency, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, India corporate world, Investment, Mutual Funds, Private Equity, QIP, securities, share market, smc capitals, Stock, Trading. Tagged: bank, Banking, borrowings, CBLO, circular investments, collateralized lending and borrowing obligation, corporates, debt schemes, intermediaries, investor, liquid schemes, market repo, MFs, Mutual Funds, Reserve Bank of India. Leave a Comment
31 Oct
Bharti Airtel’s Scrip Fell 6% Down !
Posted by smcinvestmentindia in Bonds, Brokerage, Business, Capital Market, Company, Distribution of Mutual Funds & IPOs, Economics, Equity & Derivative Trading, Finance, India corporate world, Investment, Private Equity, QIP, securities, share market, smc capitals, SMC online trading, Stock, Trading. Tagged: Bharti Airtel, Bharti Airtel’s scrip, Bombay Stock Exchange, Brokerage, BSE, India Inc, intra-day low, investors, Jagannadham Thunuguntla, NSE, quarter results, SMC capital, Stock, stock exchange, stock market, telecom, US accounting rules. Leave a Comment
Telecom major Bharti Airtel’s scrip Friday fell 6.38 percent lower than its previous close at the Bombay Stock Exchange (BSE) as investors dumped the stock because of disappointing second quarter results. The scrip, which had fallen to an intra-day low of Rs. 290.30 from Thursday’s closing figure of Rs. 312.05, ended the day [...]
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