Too early to say that NBFCs will start doing well: Digant Haria

​So in NBFCs, the largest segment is the housing finance companies. Housing finance companies, are doing 9%, 9.5% kind of home loan rates. You are not going to see a massive growth. The premium end of the housing will still do well but those customers take loans from banks and not really from the housing […]

AMCs reopen international plans to investors

At least three asset management companies (AMCs) have together opened 16 international equity mutual fund programmes for lump-sum investments up to the amounts legally permissible. The Finance Bill amendments, applicable from the next financial year beginning April 1, will remove indexation benefits for debt-oriented savings plans.

Looking to buy top IT stocks? Wait for a quarter to get bargains

With the banking and financial sectors in the developed economies especially the US – a segment that contributes a sizeable chunk to the domestic software services exports – under stress, analysts said there is a likelihood of further earnings downgrades in the sector that could weigh down shares of these companies in the near future.