The ratio of active fund inflows to passive funds dropped to its lowest level in 18 months at 0.4 to one in August, compared with last one-year average of 1.13:1, data from Association of Mutual Funds in India (AMFI) show.
With the Indian economy maintaining high growth, Japanese corporations are showing more interest regarding investment in India, according to Nomura. Manufacturing sectors have been the
The MIBOR, in turn, is used as a benchmark or reference for derivative products such as interest rate swaps, forward rate agreements and term deposits
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