ICICI Bank

ICICI Bank to finally boot out Chanda Kochhar? Sandeep Bakhshi to be named CEO

Major financial daily reports that ICICI Bank top management has decided to remove CEO Chanda Kochhar from the position following the investigation into alleged conflict of interest over Videocon loan. The report says Sandeep Bakhshi, the head of the bank's insurance division, will become the next CEO. Jun 18, 2018
Bombay Stock Exchange (BSE)

SIP investments hits record Rs 7,304 crore in May

Most SIPs were sold in the equity and balanced funds segment. Over the years, monthly SIP collections have increased from Rs 1,206 crore in March 2014 to Rs 2,719 crore in March 2016 and Rs 7,304 crore in May 2018. Jun 16, 2018
US federal reserve

FII inflow to drop as US Federal Reserve hikes interest rate

The Indian market has experienced a volatile period in terms of FII investments since the beginning of the year. While the 25 bps hike by the US Federal Reserve was not really a surprise, it is definitely affecting the Indian economy. Jun 15, 2018