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Source: Live Mint This move aims to encourage first-time investors, particularly from low-income segments and underserved regions, to participate in mutual fund investments. Despite the mutual fund industry’s robust growth, a significant market remains untapped, offering immense potential for expansion. Untapped potential The country’s mutual fund industry has witnessed exponential growth in recent years. Total…
Source: Business Standard The value of transactions grew 40 per cent, increasing from Rs 83.16 trillion to Rs 116.63 trillion. | Photo: Bloomberg 3 min read Last Updated : Oct 10 2024 | 7:45 PM IST Instant payment system Unified Payment Interface (UPI) transaction volumes recorded a 52 per cent year-on-year surge to 78.97…
Source: Business Standard 4 min read Last Updated : Sep 06 2024 | 1:24 PM IST Shares of SBI Card and Payment Services (SBI Card) hit an 11-month high of Rs 811.85 on positive outlook, as they rallied 6 per cent on the BSE in Friday’s intra-day trade amid heavy volumes. In the past one week,…
