Guide on how to select the best mutual fund for yourself

SBI, India's largest bank, does not want to permanently retain a stake in Yes Bank and would want to trim its holdings, albeit in phases, one of the sources told Reuters on condition of anonymity. SBI held a 26.14% stake in Yes Bank as of December 31, stock exchange data showed, and is the largest single shareholder in the rescued lender

Benjamin Graham's book on value investing can help you with investing concepts and interesting insights that will make you an intelligent investor

The National Asset Reconstruction Company (NARCL) on Tuesday gave a ₹222.5 crore binding offer for verified claims of ₹619 crore, said two people with knowledge of the matter. The offer from NARCL equates to a 36% recovery for lenders and has triggered a 'Swiss challenge' auction.

Developing wealth is a process that involves a lot of discipline and a concentrated strategy, yet it also somewhat rely on chance or luck.

The risks and returns of all of your investments, among other things, play a significant role. Investing exclusively in one asset class could carry greater risks.

In India, mutual funds have become very popular in recent years, yet for others, they remain a difficult idea to grasp and a risky investment.

It is imperative that you weigh the benefits and drawbacks of each financial planning option before choosing the best mutual fund in India for you.

"The Exchange is hereby informed that on account of recent IRDAI Notification dated 05.12.2022 on IRDAI (Registration of Indian Insurance Companies) Regulations, 2022, the Board of Directors of the Bank in its meeting held on 28.02.2023, has accorded approval for withdrawal of the process for divestment of Bank's stake in Canara HSBC Life Insurance Co. Ltd. The Bank shall hold its stake in the Company as an investor, subject to regulatory approvals," the press release stated.