Mumbai: Banks parked a record ₹4.52 lakh crore with the central bank’s standing deposit facility (SDF) window that offers 5% for overnight deposits, latest data showed. Money market traders are likely borrowing overnight funds from the TREPS market at 4.27% and parking with the SDF facility at 5%, resulting in a large sum of money […]
The National Pension System is a good retirement product that has become better over the years. However, some people still refrained from investing due to low liquidity and flexibility. The money remained locked till retirement, and after that, the subscriber had to compulsory invest a minimum of 40% of the accumulated amount in an annuity. […]
New Delhi, Nov 21 (PTI) Markets regulator Sebi will engage with industry stakeholders to include REITs (real estate investment trusts) in market indices, a move expected to boost liquidity for these instruments significantly, its chairman Tuhin Kanta Pandey said on Friday. Sebi will work with industry players to include REITs in market indices, a move […]