In September, equity mutual fund inflows dropped by 10%, but SIP contributions increased by 4% to over Rs 24,000 crore. New SIP registrations reached 6.6 million, with a total SIP AUM at an all-time high of Rs 13.81 lakh crore. The mutual fund industry saw record figures in folio count and investor base.
Indian Overseas Bank Q2 Results: Net profit rises 24% to Rs 777 crore
State-owned Indian Overseas Bank on Thursday posted a 24% surge in net profit to Rs. 777 crore in the second quarter ended September 2024, due