[ad_1] In a volatile market, the most common advice to investors is to buy your favorite shares on the dip. In a new book ‘Just Keep Buying’, American data scientist And wealth manager Nick Magiulli debunks this theory, explaining how buying dips is actually too simple, easy, and undermines the age-old formula. dollar-cost averaging (DCA) in the long run. Although the two investment strategies may sound similar, in reality they are two different concepts. DCA, or rupee-cost averaging in the Indian context, means investing a fixed amount at regular intervals,…
Tag: Bad
Finmin says first set of NPAs likely to be transferred to bad banks next month
[ad_1] The Finance Ministry on Monday said the Rs 6,000-crore National Asset Reconstruction Company (NARCL) or bad bank may acquire the first set of non-performing accounts of banks next month. NARCL is a Special Purpose Asset Reconstruction Company for taking over large value NPA accounts (over Rs 500 crore) from banks. In a series of tweets, the ministry said that Finance Minister Nirmala Sitharaman on Monday reviewed the progress in setting up NARCL. The Minister was apprised of the progress achieved and noted the approvals/permissions received for both NARCL and…
Prudential Norms Strict Bad Loan Guidelines for NBFCs
[ad_1] RBI gives NBFCs more time to comply with stringent bad loan guidelines RBI gives more time to non-performing loans to non-bank lenders to comply with new norms NBFCs were advised to upgrade non-performing assets (NPAs) only after all interest dues and principal dues of credit facilities have been paid. Post Prudential Norms Strict Bad Loan Guidelines for NBFCs first appeared Rajput Jain & Associates – Chartered Accountant in Delhi, [ad_2] Source link