Weekly roundup – Oct 22

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

Demand for Gold in Asia effect first weekly gain; However much remains to be decided based on the U.S. Interest rate hike.

gold-bond-2-300x205

At the India-US Trade Policy Forum, US asks India to relax regulations pertaining to sourcing; India pitches for higher percentage of export for agricultural produces.

Bank

With the GST to take effect next year, here’s a short round up on what’s affordable and what’s not.

index

The Central Bank of India, in a significant move has consented for 100% Foreign Direct Investment in regulated Financial Services.

RBI

Investment advisors in the coming days to be allowed to utilise Stock Exchange infrastructure for buying and selling Mutual fund units, as announced by SEBI.

MF1

e-Insurance to render considerable level of ease to multi-step procedures and make payment and claims.

insurance_irda

About CAMS:

CAMS Logo High ResolutionComputer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 62% of assets of the industry across 16 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, NBFCs 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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