The U.S. Federal Reserve is planning major changes to annual bank stress tests. Banks may be allowed to comment on the models and scenarios used. This follows recent court rulings affecting administrative law. These changes could reduce annual volatility in capital requirements. Industry groups have welcomed the move as a step towards transparency and accountability.
HDFC Defence Fund and 9 other mutual funds deliver upto 54% return since last Christmas
The top 10 mutual funds have offered up to 54% return since last Christmas. There were 521 equity and equity oriented mutual funds in the