Under the norms, a mutual fund has been permitted to invest only up to 5 per cent of its net asset value in units of a single issuer of alternative securities. The maximum allowed investment in alternative instruments by a single fund has been capped at 10 percent. … [Read more...] about REITs, InvITs pick up steam; mutual funds pour in Rs 12,000 cr in 2019
Arizona department of real estate
Crediting three successive finance ministers -- Pranab Mukherjee, P Chidambaram and late Arun Jaitley -- for Sebi's strong action against Sahara Group, the market regulator's former chief U K Sinha has said the three leaders stood their ground and did not interfere in the matter despite repeated attempts by vested interests. … [Read more...] about Credit goes to Mukherjee, Chidambaram and Jaitley for strong action against Sahara: Sebi ex-chief Sinha
Demand slumpWhile SBI has done well in home loans, that isn’t the case with the industry. Growth has been largely muted in the recent quarters on account of slowdown in the economy. Growth in home loans too has suffered.According to RBI data, home loan growth actually declined to 9.9 percent in the first eight months of FY20 as against 10.6 percent YoY. With consumer confidence at multi-year lows, banks have been struggling to attract buyers. … [Read more...] about SBI’s new finance scheme with buyer guarantee: Should a bank own up potential failures of a builder?
Demand for clean energy, electric vehicles will lead to disruption in the auto sector. An aging worldwide population over the next decade will throw a plethora of opportunities for healthcare companies. Also for a growing country like India long-term potential of the sectors should be looked at in the context of per-capita consumption which remains quite low in comparison to developed countries, hence a long way to go. … [Read more...] about Outlook 2020-29: Will the outperforming sectors of last decade continue their run?
The bottomline is this: Banks will have to slash their lending rates by another 30-40 bps from the current level, if the common borrower needs to benefit on his monthly EMI burden in a meaningful manner. Marginal rate cuts make for good headlines, but doesn’t help anyone.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Why the hype on banks cutting lending rates is a non-event for the average home loan borrower