Indians switch to bank deposits as concerns grow over debt funds

Reuters, Apr 30, 2020

MUMBAI (Reuters) – Rattled by the shock closure of some high-profile domestic funds investing in high-yielding debt, Indian investors are quickly moving their cash into the safety of bank deposits. FILE PHOTO: Commuters walk past a bank sign along a road in New Delhi, India November 25, 2015. REUTERS/Anindito Mukherjee Bankers told Reuters they have…

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Equities find feet even as virus threat to econ remains

Cogencis, Apr 7, 2020

By Chiranjivi Chakraborty and Apoorva Choubey MUMBAI – It is a sign of the times that the biggest one-day jump in the Nifty 50 and Sensex in nearly 11 years has drawn no fanfare from traders, asset managers or the government. The near 9% surge in the benchmark indices today may indicate that the worst…

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Don’t let bad news faze you and control what you can

Live Mint, Mar 31, 2020

Identify stress points such as inadequate income and reset of return expectations from different assets The new financial year has started on an uncertain note—of a kind that you may not have dealt with earlier—with the seismic effects of the covid-19 pandemic likely to be felt across the economy, jobs and livelihoods. The tumult in…

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Yes Bank crisis: What it means for mutual fund investors

Live Mint, Mar 6, 2020

Posted in Mutual Fund Analysis| #Yes Bank Ltd #RBI #Mutual Fund On 5th March, the RBI restricted withdrawals from Yes Bank to just ₹50,000 per person. The move follows a long period of debt troubles for the bank which struggled to raise additional capital. Some debt mutual funds have already written off their Yes Bank…

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