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SHORT CHANGE NEWS

Short change: HDFC, Birla Sun, Reliance Life top Irda’s unfair business chart

July 28, 2014 3:57 am

DFC Standard Life, Birla Sun Life and Reliance Life top the chart of unfair business practices.

Short change: HDFC MF begins process of merging Morgan Stanley MF schemes

June 02, 2014 2:14 am

The changes are announced pursuant to the acquisition of Morgan Stanley MF schemes and to avoid similar products being offered to the investors.

short change: Mahila Bank ties up with New India; launches three health schemes

February 24, 2014 3:17 am

These products would be available on portals for the bank, to create more efficiencies and ease of use, Usha Ananthasubramanian said.

Short Change: Mutual fund accounts drop by over 29 lakh in April-January

February 17, 2014 2:21 am

According to Sebi data on total investor accounts with 45 fund houses, the number of folios fell to around 3.99 crore at the end of January 2014.

short change: Sebi to revisit policy on proprietary trading by brokers

January 20, 2014 2:30 am

Such trades are conducted by brokers for their own gains and not for the clients.

short change: BSE to launch new interest rate futures trading on Jan 28

January 12, 2014 11:31 pm

The exchange has already received the approval of Securities and Exchange Board of India (Sebi) for launching IRFs.

Mutual Funds' exposure in banking stock hits four-month high

November 25, 2013 4:26 pm

According to the latest data,Mutual Fund investments in banking stocks reached Rs 32,807 crore as on October 31.

Short change: Companies mop up Rs 16,000 crore via retail NCDs during April-October

November 18, 2013 4:55 am

Nine non-banking finance companies,including Power Finance Corp (PFC),Housing and Urban Development Corp (HUDCO) and Rural Electrification Corp (REC) have tapped the NCD route looking to mop up Rs 4,975 crore.

Short change: Mutual funds withdraw Rs 4,000 crore from stocks in October

November 11, 2013 1:20 am

The funds sold shares worth a net Rs 4,018 crore in the equity market.

State-run Syndicate bank slashes home interest at base rate

October 14, 2013 1:22 am

state-run Syndicate bank has said rate of interest on all housing loans irrespective of the quantum of loan will be base rate.

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