Weekly Roundup – January 9

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CAMS brings you a weekly glimpse into the key news in the BFSI sector, both in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector…

chinese yuan The Sensex slipped to its lowest level this week, since June 2014, after the plunge in Chinese equities, deepening a global rout…

 

george sorosGeorge Soros sounds a warning to investors about global markets facing a crisis and the need for caution.

transfer-funds.pngNPCI will start its unified payment interface soon, through which customers can instantaneously transfer funds across different banks with the use of a single identifier…

 

npsThe Government is looking to exempt national pension system (NPS) withdrawals from tax, bringing it at par with the employee provident fund (EPF) scheme to provide a level-playing field.

 

RBIRBI Governor, Raghuram Rajan is cracking the whip on banks to clean up the system on the ‘Swach Bank campaign’

 

MF

India’s mutual fund sector has seen an addition of nearly 2.5 million new permanent account numbers (PAN) so far this financial year…

 

 

insuranceThis year, more health insurance plans for individuals and families is anticipated from the industry, especially with the launch of the much anticipated universal health insurance scheme by the government.

 

 

About CAMS:

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Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 60% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading insurance companies, banks, NBFC’s and alternate investment funds. To know more visit www.camsonline.com.

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Published by

Sudarshan Ranganthan

Breaths Investments, Suggests Wealth Creation Ideas, Lives on Law Of Attraction

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