Auto sector’s weight in FPI portfolio at multi-month high

May 23, 2023

Auto sector inflow accounted for 21% of the total FPI inflow of $5.4 billion from the beginning of the current fiscal year. This is the second-biggest inflow to a sector after financial services in the same period, which received one-third of the total inflows.

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Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds

Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable

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