More trouble for Reliance ADAG (Anil Dhirubhai Ambani Group) as PwC (PricewaterhouseCoopers) resigned as one of the statutory auditors of two of its companies- Reliance Capital and Reliance Home Finance. According to a Reliance Capital stock filing, PwC said that it did not receive a satisfactory response to certain observationsRead More →

The advancement of technology into the investment management world is a huge and unalloyed positive for the industry. Today, many clients and regulators feel that this industry is over-priced, opaque and produces little of value. Technology offers us the opportunity to scale, to dramatically improve transparency, and to clearly demonstrateRead More →

Unidentified, armed criminals stormed into a branch of the Manappuram Finance Company here on Thursday and fled with 15 kg of gold bars, biscuits, and coins after threatening the employees there, police said. The gold is estimated to be worth Rs. 5 crore. Senior police officials, including Inspector General ofRead More →

Utkarsh Small Finance Bank revised it fixed deposit interest rates. Fixed deposit (FDs) are secure financial instruments offered by private and public sector banks, small finance banks (SFBs), non-banking financial companies (NBFCs) and post offices. Small finance banks focus on financial inclusion by provision of savings vehicles and supply ofRead More →