Short-term momentum-based PMS strategies were already disadvantaged due to their frequent churn, and the recent tax changes have only exacerbated this issue.
In a circular dated August 27, the regulator said that it had received representation from New Development Bank to permit Insurers to invest in Maharajah
The timeline stands in contrast to Jagdishan’s previous reappointment. HDFC Bank’s board had recommended a fresh three-year term for him on March 4, 2023, nearly
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