The Reserve Bank of India (RBI) has proposed amendments to simplify the approval process for institutional investors seeking to acquire or increase major shareholding in […]
Tag: Mutual Funds
Kissht draws strong institutional interest with Rs 278 Crore Anchor funding
Kissht has raised approximately Rs 278 crore from anchor investors ahead of its upcoming initial public offering (IPO), scheduled to open on April 30. The […]
JioFinance app introduces new unified feature for seamless financial tracking
Jio Financial Services has announced a major upgrade to the JioFinance app with the launch of a powerful new feature that allows users to track […]
Capri Loans raises Rs 2,000 crore in equity to strengthen growth
Capri Global Capital Limited (CGCL) has successfully raised Rs 2,000 crore through a Qualified Institutions Placement (QIP) of equity shares to institutional investors. The capital […]
Union Mutual Fund expects 50pc growth in AUM, to reach Rs 15,000 cr mark by March
Union Mutual Fund is on a growth path now and is looking at adding at least 50 per cent more to the AUM this fiscal, […]
Mutual fund’s loss could be Rs 3 lakh crore gain for banks
India’s decision to tax returns from fixed-income mutual funds is set to bolster its lenders’ efforts to lure deposits for financing a resurgent credit growth […]
RBI, Yes Bank move SC against HC order setting aside ₹8.4k cr AT-1 bonds writeoff
The Reserve Bank of India (RBI) and Yes Bank have moved the Supreme Court against a Bombay High Court order that had set aside their […]