Risky Funds
Mutual funds are the best route to equity investment. They are safe and offer returns that are better than an investor can normally manage when investing alone. This is debatable. Over the long term, fund managers are not able to beat the benchmarks. And over the short term, they are as volatile and therefore risky as the stocks. This article is about the risk issue. Did you find out...
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  • Speeding Ahead
    Believers of the great Indian growth story have reason to feel good. Fundamentally Indian companies have done well in the March quarter as our analysis in the preceding issue showed. Till the time we went to the press, 546 of the 1095 companies we track had declared their results for the March quarter. If revenue growth is the key parameter in defining overall growth, which are the...
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  • We now have world class technology, processes, complete range of products and modern HR practices. How can anybody compete with us?
    ML:Let us start at the very beginning. What made you choose banking as a career? Did you always aspire to be the chairman and plan your career accordingly?
    Purwar:I completed my graduation and post-graduation from Allahabad University in 1966 from the commerce stream and began to prepare for the IAS examination. Various people persuaded me to appear for examinations to get into...
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