Points that you can add to your new year resolutions

Banks is the primary and dominant option for stable funding for mid-sized NBFCs. The increase in bank funding to non-banks is also because these entities have demonstrated a reasonably satisfactory performance during the COVID-19 period.

In the private sector banking space, consolidation remained the flavour, with parent HDFC Ltd deciding to merge with HDFC Bank, and Axis Bank announcing the takeover of the retail portfolio of global giant Citibank. These two deals are expected to be completed in 2023.

While talks to form a consortium with financial investors are also underway, Shriram has not reached a mutually acceptable commercial arrangement with investors that may want to join its consortium. If a consortium is formed, the non-bank lender will be the lead member.

After lenders restarted the sale process of Srei Equipment Finance and Srei Infrastructure Finance, administrator Rajnish Sharma had set a deadline of October 15 for accepting resolution plans.

Starting seven years ago as a bank, Bandhan has 5600 branches, 70 per cent of which are in the rural and semi-urban areas of the country. Mainly concentrated in the east, the bank plans to diversify its presence to other areas in a big way.

index funds aim at generating returns close to that of the underlying benchmark instead of outperforming.

That is where a financial plan comes in. In the market, numerous investment tools such as mutual funds and debt mutual funds are available

As hybrid funds invest in both equity and debt, they are also referred to as multi-asset funds. Hybrid funds come with a wide range of features