The SBI Energy Opportunities Fund NFO presents an exclusive chance for investors to capitalize on the growth prospects of the energy sector. The window for subscription to the SBI Energy Opportunities Fund is now open, running from February 6th to February 20th, 2024. This fund presents a lucrative opportunity to capitalize on the continuous expansion of the energy sector, offering...
Tata Plans to enter Big in Digital World with all the product offerings Tata Digital, part of all-rounder conglomerate TATA group, will soon start selling everything online via soon-to-be-launched ‘super app’ which includes right from groceries to electronics and also Financial Products like Insurance, Mutual funds and Loans. The salt-to-steel conglomerate’s digital entity is touted as...
Religare plans ₹2,000cr IPO for Care Health Insurance Religare Enterprises is considering an initial public offer (IPO) of up to ₹2,000 crores for its health insurance subsidiary Care Health Insurance, where it plans to issue fresh shares, market insiders said. Management of REL is in discussions with investment banks for the proposed listing of the shares of Care Health and the IPO may...
SBI’s corp loan book hints at a change in market growth dynamics- India’s largest lender, State Bank of India, posted a total corporate credit growth of 2.6% in FY21, including loans and debt investments such as bonds and commercial papers; however, if only loans are considered, SBI’s corporate book contracted 3%. Indian banks are realizing that to be able to see any...