Kale Consultants reconstitutes board of directors

Appoints Philippe Lesueur as director & chairman and adds two new independent directors to the Board

Kale Consultants today announced that Philippe Lesueur will be the new chairman and director of the company. Philippe Lesueur replaces Narendra Kale who resigns from the board as the chairman and director. Vipul Jain will continue as the managing director of the company.

Kale Consultants also announced appointment of Sekhar Natarajan and Bahram Vakil as independent directors on the board of the company and resignations of PS Deodhar and Pravin Gandhi as directors of the company. Kewal Nohria will continue to remain on the board as an independent director.

On Friday, Kale Consultants ended 1.49% up at Rs85.30 on the Bombay Stock Exchange, while the benchmark Sensex ended 1.15% down at 18,858.04.

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BSE Training Institute launches MBA program in financial markets

The course will be held at BTI’s premises in BSE

BSE Training Institute (BTI) in collaboration with Indira Gandhi National Open University (IGNOU) has started the first batch of its MBA-Financial Markets Program, full time MBA specialising in 'financial markets'.

BTI, backed by Bombay Stock Exchange, is an educational institute in the country offering a specialised course specifically designed for the study of financial markets. The course will be held at BTI's premises in BSE.

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SBI Mutual Fund unveils Debt Fund Series 367 Days-3

SBI Mutual Fund new issue closes on 12th July

SBI Mutual Fund has launched SBI Debt Fund Series 367 Days-3, a close-ended income scheme.

The investment objective of the scheme is to provide regular income, liquidity and returns to investors through investments in debt instruments maturing on or before the maturity of the scheme.

The new issue closes on 12th July. The minimum investment amount is Rs5,000.

CRISIL Short Term Bond Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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COMMENTS

debajit

5 years ago

i am working as a mutual fund distributor,i want to take a personal loan from SBI OR ANY BANKs. But Sbi manager/orther banks dealing assistant refuse me/us to take this loan.i hv income tax file also. now my question is that IFA/commission agents are not eligible for any personal/bank loan ? Our IT file is not valid for bank loan ? if any bank rules for IFA pls let me know why bank refuse us/me
thanking you

debajit

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