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Money & Banking

Here’s Why Warring Factions at Yes Bank Cannot Have Their Way

Moneylife Digital Team
21 September 2018

There is intense speculation among banking experts whether the war between Rana Kapoor and the family of co-founder late Ashok Kapoor would escalate and create a vacuum at top. Well, the fact is that Reserve Bank of India (RBI) has adequate powers to keep the warring factions at bay and...

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Insurance

Foreign Travel Insurance? Here’s Why You Should Buy It from a Foreign Insurer

Veeresh Malik
19 September 2018

Do you plan to join the 25 million Indians who travelled abroad in 2017, with the number expected to go up to 50 million by 2020, and will you be securing your risks and liabilities by taking all risks travel insurance – voluntarily, by choice or because the destination countries insist on...

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Mutual Funds

SEBI Cuts Mutual Fund Expenses

Yogesh Sapkale
18 September 2018

Market regulator Securities and Exchange Board of India (SEBI), in order to bring transparency in the expenses of mutual funds, said all commissions and expenses must be paid from the scheme only. The SEBI board, on Tuesday, accepted several recommendations made by the working group...

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MONEYLIFE ONLINE MAGAZINE Full Edition >

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Money & Banking

Auditors & Bankers as Guilty as Vijay Mallya

Sarvesh Mathur
17 September 2018

The recent political storm over Vijay Mallya is unlikely to abate soon. But going after Mr Mallya alone would be a classic case of missing the wood for the trees. One striking element continues to elude everyone’s attention. Could Mr Mallya or anyone else allegedly pull off such a...

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Mutual Funds

Mutual Funds Hit By Downgrade of IL&FS Debt Papers

Moneylife Digital Team
12 September 2018

The recent ratings downgrades by several agencies of commercial papers of Infrastructure Leasing & Financial Services (IL&FS) and IL&FS Financial Services Ltd has hit hard several mutual fund houses due to their exposures in crores of rupees in these papers. Among those hit are:...

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