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They are giving better post-tax returns than NCDs or FDs. But get in for a year or two only. Debt instruments have become the flavor of the season courtesy of a regime of rising interest rates. Fund houses are focused on launching fixed maturity plans (FMPs) aggressive. In 2009, only 90 forest management plans launched […]

The rush for mobile money has now caught the fancy of firms acting as business correspondents for banks. These entities help banks provide financial services in rural centres. With $350 billion of payments and banking transactions expected to flow through cell phones in India by 2015, many of these companies are now in the process […]

There is a lot of youth, fun and backslapping camaraderie on the third floor of the swanky head-office of the Axis Bank located in a business district in central Mumbai. This is the floor where the marketing function sits – many think it’s the cool team in the building – very much unlike what one […]

CAT is one of the most unanticipated exams in the country for students seeking admission in IIM and other b-schools accepting CAT score. CAT is often termed as a test of elimination than a test of selection. Though the number of aspirants appearing for CAT has declined during past few years, say from 2009 when […]

A little more than a year after it had set up a panel to look into customer service in banks, the Reserve Bank of India (RBI) released the report last week. It’s fairly well known that half of India’s population doesn’t have access to banking services, but what doesn’t get highlighted is the fact that […]