The chosen avenue for generating alpha, these funds opened a new plan almost weekly, on average, and drew record subscriptions, showed data from the Association of Mutual Funds of India (AMFI).
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate