SBI Mutual Fund, one of India’s largest asset management companies, has introduced two new schemes focused on Public Sector Undertaking (PSU) banks. These schemes aim to provide investors with opportunities to benefit from the performance of PSU banks, which play a crucial role in India’s economic growth. Details of the Two New Schemes The newly…
The Finance Ministry of India has officially notified the issuance of Zero Coupon Bonds (ZCB) for the Power Finance Corporation (PFC). This strategic move is expected to enhance liquidity and provide an alternative source of funding for the PFC, which plays a crucial role in financing power sector projects in India. What are Zero Coupon…
SEBI’s Total Income Surges by 48% to ₹2,075 Crore in FY 2023-24 Introduction The Securities and Exchange Board of India (SEBI), the nation’s capital markets regulator, reported a substantial increase in its total income for the financial year 2023-24. The income rose by 48% to ₹2,075 crore, up from ₹1,404.36 crore in the previous fiscal…
