Tag Archives: Asset

Maintain disciplined asset allocation, don’t put all eggs in one basket: Kotak’s Nilesh Shah

Nilesh Shah, Managing Director of Kotak Mahindra AMC, spoke to CNBC-TV18 about how to allocate assets for a regular, long-term and disciplined investment. “No matter what the market condition is, rule of making money continues to remain the same — be a regular investor, keep on putting incrementally some money into various asset classes. Second, be a long-term investor because ... Read More »

S&P Downgrades Union Bank On Weak Asset Quality

S&P lowered its long-term issuer credit rating on Union Bank of India to ‘BB+’ from ‘BBB-‘. Mumbai: International ratings agency Standard & Poor’s (S&P) on Friday lowered its long-term issuer credit rating on Union Bank of India (UBI) to ‘BB+’ from ‘BBB-‘, citing weak asset quality, but retained a stable outlook on the state-run lender. “We are lowering our long-term issuer ... Read More »