For instance, in FY22, the mutual funds’ proportion of votes against resolutions put forth by the companies was 4.85%, the highest in over a decade, according to data compiled by primemfdatabase.com. In the period between April and June of 2022, their proportion of voting against was 5.87%. In FY21, 2.97% of votes were against compared to 3.83% in FY20.
Select SFBs and MFI players positioned for earnings upside: Rajiv Mehta
Non-banking financial companies are demonstrating early resilience, with collections holding firm across key segments like vehicle finance and microfinance. Despite lingering macroeconomic uncertainties and inflation,