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India Post mutual fund KYC

India Post Mutual Fund KYC at Doorstep: IPPB & Nippon India Launch Rural Financial Inclusion Drive

Introduction: Enhancing Financial Inclusion through KYC at Doorstep In a major move to strengthen financial inclusion and mutual fund penetration across rural and semi-urban India, India Post has collaborated with Nippon India Mutual Fund (NIMF) to provide door-to-door Know Your Customer (KYC) services. This joint initiative is set to leverage the vast postal network and…

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HDFC Bank stake sale

HDFC Bank Sells Stake in Protean eGov Technologies: Key Insights and Market Impact

HDFC Bank Exits Protean eGov Tech: Sells Entire Stake HDFC Bank’s Stake Sale Details HDFC Bank has recently divested its entire 3.20% stake in Protean eGov Technologies. The sale included 12,94,326 shares, which were sold at an average price of Rs 1,160.15 per share. This transaction amounted to a total of Rs 150 crore. The…

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