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A regulatory framework for mutual funds
(1990-07-13)
One major change that has taken place in the financial services industry is the establishment of a large number
of mutual funds. Though only nationalised banks and financial institutions are permitted to set up these ...
Mastershares: a bonaza for large investors
(1991-09-28)
What is the performance of Mastershares —
the first all-equity, closed-end growth fund
launched in 1986 by the Unit Trust of
India— from the points of view of funds
management, large investors and small
investors?
Samir ...
RBI autonomy and the Indian financial sector
(1993-10-04)
In the context of the worldwide trend
towards greater independence for the
central banks and the recent public
pronouncements by the Governor of the
Reserve Bank of India (RBI), there is now a
strong possibility of ...
Securities scam: genesis, mechanics, and impact
(1993-09-30)
The term "securities scam" refers to the
diversion of funds from the banking system
to various stockbrokers in a series Of
transactions—primarily government
securities—during the period April 1991 to
May 1992. An ...