Equity mutual funds received total inflows of Rs 37,113 crore in July registering a decline in inflows by around 9% from Rs 40,608 crore in June, according to monthly data by AMFI.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,