“Breaking the spread into named components, such as credit risk premium, operating cost, term premium, business strategy premium, makes comparing that of banks and NBFCs, possible for the first time,” he said, adding that the draft standardizes how pricing gets disclosed more than what gets charged.
Mumbai: Larsen & Toubro (L&T) said Monday it has signed an ultra-mega contract to implement a gas compression project for a major client in the Gulf, expanding its presence in large-scale hydrocarbon infrastructure. L&T classifies orders above ₹15,000 crore as ultra-mega. The engineering and construction conglomerate, however, didn’t disclose the value of the contract. The…
You can hold mutual fund units in two ways — through a Statement of Account (SOA) or a demat account. In the SOA format, units are recorded directly with the AMC or its registrar, while in the demat format, they are held electronically in a demat account. SEBI has recently released a circular to allow…
As many as 43 companies including Bharti Airtel, Hero MotoCorp, Info Edge, Zydus Lifesciences and others are set to turn ex-record date for dividends on Friday (July 24), effectively making today the last day for interested investors to buy the shares to be eligible for payments cumulatively worth nearly Rs 1,127. As per Sebi’s T+1…
When a family member passes away, inheriting financial assets such as shares, mutual funds and bonds can be emotionally overwhelming, especially for non-resident Indians (NRIs). While inheritance itself may seem straightforward, the transmission process often gets delayed because of missing documents, outdated nominations or paperwork errors. Experts say the process has become simpler following the…
UPI users have little reason to panic over viral claims that everyday digital payments will soon become chargeable. A recent amendment to the Payment and Settlement Systems Act (PSS Act) has triggered debate, with some social media posts suggesting that users could soon have to pay for sending money through UPI. In a post on…
Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia, will be included in the Nifty 500 and Nifty Midcap 150 as part of the latest periodic review by NSE Indices Limited. The revised index composition will come into effect from September 30, 2026. Embassy REIT will be the only…