Buy Equitas Holdings, Ujjivan Financial Services: Chhitij Jain

October 13, 2018

Both stocks are on different themes. They are neither universal banks nor NBFC. They are small finance banks with different guidelines issued by RBI: a) To extend 75 percent of its Adjusted Net Bank Credit (ANBC) to the sectors eligible for classification as priority sector lending (PSL) b) At least 50 percent of its loan […]

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This week in personal finance: Should you go back to bank FDs amid the equity market slump?

October 7, 2018

There has been mayhem in the stock market during recent days. The Sensex tanked over 5 percent during the week and nearly 10 percent in a month on concerns over falling rupee and rising oil prices, shaving off huge investor wealth in the process. As stock prices crumbled, so have the NAVs of mutual funds […]

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Are Royal Mail’s Shares ‘A Buy’ After Tanking 20% Over Profits Warning?

October 4, 2018

A King George VII era post box in a residential part of London. Royal Mail’s shares were offered at £3.30 (c.$5.50) to the public five years ago, but on the first day of trading on the London Stock Exchange trading in October 2013 they closed up at £4.55 (c.$7.15). This week on Monday (October 1) […]

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