This is for the first time in the history of the Indian banking sector that a bank’s tier 1 bonds is being written down at the ‘point of non-viability’Read More
CARE Ratings downgraded Vodafone Idea debt to below investment grade rating of BB minus forcing UTI MF and Nippon India MF side-pocket the debtRead More
Franklin Templeton MF remains the sole fund-house to have bitten the bullet by creating side pocket for Vodafone Idea holdingsRead More
UTI Credit Risk hit the hardest with over 10% NAV dropRead More
The part recovered amount is 6% of the total exposure of Nippon India Ultra Short Duration Fund to the troubled NBFC Altico CapitalRead More
Nippon Life Insurance has announced Nippon India Mutual Fund’s integration into their global unified asset management foldRead More
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