Indian Banking Industry News & Updates

Brookfield India REIT to buy 50% in 4 Bharti assets
Brookfield India Real Estate Trust (BIRET) on Thursday said it will  acquire a 50% stake in four Grade A assets from Bharti Enterprises at an enterprise valuation of `6,000 crore. With this, it has acquired 100% in the assets.

17 May 2024
Unfazed NFOs: No election jitters for mutual fund scheme launches

At present, five active equity and hybrid new fund offerings (NFOs) SBI Automotive Opportunities Fund, Samco Special Opportunities Fund, WhiteOak Capital Special Opportunities Fund, Bajaj Finserv Multi Asset Allocation Fund, and Baroda
BNP Paribas Retirement Fund are open for subscription.
 

17 May 2024
Individual investors' share in mutual fund AUM surges 44% in a year; equity schemes find more takers, shows AMFI data
Investment in mutual funds is growing month after month and year after year. Across the parameters and yardsticks, investors are putting more money in mutual funds.

17 May 2024
Bank of Baroda sees departure of two key CXOs it hired from the market
Two top executives at Bank of Baroda, both lateral hires, have quit in quick succession and been replaced by internal officials, two people aware of the development said.

17 May 2024
Power Finance Corp Q4 Results Live : profit rise by 20.26% YOY
Power Finance Corp Q4 Results Live : Power Finance Corp declared their Q4 results on 15 May, 2024. The topline increased by 20.34% & the profit increased by 20.26% YoY. As compared to the previous quarter the revenue grew by 2.42% and the profit increased by 18.97%.

17 May 2024
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