Atul Karmarkar.Com

Surprising I know.. for a bank which used to focus on customer delight. I’ve been a happy customer for over a decade now. However, events over the past few months have left me feeling not so happy with HDFC Bank and their services / policies in general. Effective April ’10, they increased the Average Quarterly Balance (AQB) to [...]

Across the world, and particularly in India, using a credit card to shop online has always been fraught with danger, though you’re just as likely to have your card cloned when paying a bill at a restaurant. Visa Europe now tries to add a layer of security for all those who are paranoid / terrified [...]

Ah.. Finally, SEBI has cracked the whip on AMCs, asking them to get in shape their audio-visual ads for mutual funds. Readers know what kind of ads these are; on radio or TV, and said with an extremely hurried tone like someone just pressed the fast forward button.. :-p These ads are disclaimers meant to [...]

Intuit Inc. recently launched its first India-focused product, Intuit Money Manager, an addition to the personal finance software market.

Morningstar Inc, a Chicago based independent investment research company has commenced operations in India. Aditya Agarwal has been appointed as the Managing Director of the company in India. Agarwal was one of the founders of MutualFundsIndia.com (later acquired by ICRA). Morningstar already has a presence in India; it’s data centre, which houses around 150 people. This centre was part [...]

SBI Mutual Fund has launched an equity–based micro SIP called SBI Chota SIP.  This scheme is targeted at low income households in rural and semi-urban areas. The idea behind the scheme is basically to introduce them to long term investments in equity.

In July last year, the EPFO had appointed HSBC AMC, ICICI Pru AMC, Reliance AMC and SBI as fund managers to manage a part of it’s overall corpus, the main objective being an improvement in returns on EPFO’s investments. Based on performance figures, SBI has given a return of 9.7%, which is better than that given by [...]