The State Bank of India (SBI) is enhancing its technology and digital footprint, adding 50,000 to 60,000 savings accounts daily. Chairman CS Setty anticipates steady credit growth and a strong corporate balance sheet. SBI is targeting growth in MSME and agriculture sectors, with aspirations to surpass Rs 1 lakh crore in profits.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an