SBI Mutual Fund’s AUM has surpassed Rs 11 lakh crore, with equal contributions from SIP and non-SIP modes, says Deputy MD & Joint CEO DP Singh . The mutual fund industry is seeing significant growth, with SBI capturing an 18% market share. Lower yields and crude prices are favorable for hybrid funds, offering potential gains for investors.
Govt seeks House nod for extra ₹51,463 cr spending
The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous