Investors can put their money into the equity market using hybrid mutual funds, as these offer a great level of diversification. It offers a broad portfolio of investments such as bonds, stocks, and other assets. Let’s explore the top Hybrid Mutual Funds with the highest SIP returns in 5 years. Rs 20,000 monthly investment in…
Bank of India (BOI) Mutual Fund has launched Bank of India Mid Cap Fund, an open-ended equity scheme, according to an official statement today, July 28. The newly launched Mid Cap Fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related instruments of mid-cap companies. Bank of India Mid Cap Fund…
Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India’s (RBI) recent decision to cut the repo rate by 50 basis points. The rate cut is part of the RBI’s strategy to stimulate economic growth by making borrowing more affordable…
Mumbai: Bank of India has budgeted ₹2,000 crore of IT spending in FY26, with commitments spanning disciplines such as upgrading its existing tech stack, enhancing cyber security, and rolling out digital initiatives related to products and operations. “This year, we have put a budget of around ₹2,000 crore on the IT side, so that we…