Most domestic banks such as SBI, ICICI, HDFC, Axis, Kotak, Bank of Baroda and Union among others own mutual funds or have majority stakes in these asset managers. The extent to which these banks sell products of their subsidiary mutual funds vary from 25% to over 95%, according to industry estimates.
Earnings of OMCs seen weak as Q1FY27 under-recoveries bite: Report
Oil companies are projected to experience ongoing challenges through FY27, primarily due to anticipated under-recoveries in Q1FY27, with LPG losses being a considerable issue. Although
June 21, 2026