Synopsis
Mutual funds offer portfolios with a larger number of scripts, twenty, thirty or even sixty scripts. Therefore, the portfolio is well-diversified, and you do not need to worry about the movements in any particular script. There may be gains in some shares which will more than outdo the losses in another few.
Head of Research, Emkay Wealth Management, ET
Dr. Joseph Thomas joined the RBI in 1986, where he worked as a Currency Specialist and Portfolio Manager for the Bank in the RBI’s Department of External Investments and Operations. He was also associated with the Aditya Birla Group for almost 12 years.
RBI distributes portfolios of B P Kanungo among remaining deputy governors
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RBI appoints 3 new Executive Directors - The Hindu BusinessLine
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Subramanian, Ratho, Jain made RBI EDs
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The Reserve Bank of India has appointed three of its senior officials R. Subramanian, R.S. Ratho and Rohit Jain as executive directors with effect from December 11.
Mr. Subramanian, who was Chief General Manager-in-Charge, Enforcement Department, will oversee the key departments of Foreign Exchange, Financial Markets Regulation, Internal Debt Management and International, the RBI said in a release.
Mr. Ratho, who was CGM Financial Markets Operations, will look after the same department as well as External Investments and Operations, Legal and Secretary’s Department.
Mr. Jain will oversee Supervision (Risk, Analytics and Vulnerability Assessment) after having been CGM-in-charge, Supervision.