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Lenders consider taking control of fraud-hit Sambandh Finserve

KOLKATA: ICICI Bank, IDFC First Bank, Northern Arc and other top lenders hit by the fraud at Sambandh Finserve, have proposed to appoint an administrator to run the company so that their money can be salvaged. Lenders also discussed the possibility of taking full management control of the Odisha-based microfinance firm, people familiar with the …

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Can Long-Short funds smooth out the Short-Term Conundrums

PMS_Bazaar_Article_800x600 Long-short funds are a relatively new addition to the Indian asset management landscape, but they have grown in popularity with an estimated 35 managers having launched long-short Category III AIFs in the past seven years. Prominent players such as Edelweiss, Avendus, DSP, Franklin Templeton, ICICI, IDFC & Tata manage an estimated 12,000cr in long-short …

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investment: Why Take Investment Risks ?| Risk Zaroori Hai by Radhika Gupta

As we know, India is on its journey to becoming a $5 trillion economy by 2025. In this video Edelweiss Mutual Fund, CEO- Radhika Gupta explains the multifold increase in financial assets that is to take place in India on it’s journey towards financial freedom. From a country of 11% MF to GDP penetration to …

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