Banks adjust deposit rates according to their asset and liability positions and demands for funds in specific tenures. This is the first increase by SBI in deposit rates since December 2023. – Our Bureau
AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6
The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations.