SBI Mutual Fund Surpasses ₹10 Lakh Crore in AUM: A Milestone in the Financial Sector SBI Mutual Fund, a prominent player in India’s asset management industry, has recently achieved a significant milestone by surpassing ₹10 lakh crore (₹10 trillion) in assets under management (AUM). This landmark achievement positions SBI Mutual Fund as the largest mutual…
Jio Payments Bank Secures Mutual Funds Distribution License from AMFI In a significant development for the financial sector, Jio Payments Bank has been granted a mutual funds distribution license by the Association of Mutual Funds in India (AMFI). This landmark decision positions Jio Payments Bank as a major player in the Indian financial ecosystem, enhancing…
RBI Approves ICICI Pru Mutual Funds’ Acquisition of Stakes in Federal Bank, RBL Bank, and Equitas Small Finance Bank The Reserve Bank of India (RBI) has recently granted approval to ICICI Prudential Mutual Fund’s proposal for acquiring stakes in Federal Bank, RBL Bank, and Equitas Small Finance Bank. This significant move within the banking and…
