Equity schemes received net inflows of ₹14,100 crore in September compared to ₹6,120 crore in the previous month, according to data released by the Association of Mutual Funds in India (AMFI). Flows through systematic investment plans (SIPs) rose to a new all-time high of ₹12,976 crore, compared to ₹12,693 crore in August.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs