Seven equity mutual funds saw an AUM decline of over Rs 3,000 crore in February, with Nippon India Small Cap and HDFC Mid-Cap Opportunities Fund leading the drop. Overall, 605 of 664 funds posted losses.
RBI’s strong dividend to govt boosted by USD sales, interest income: SBI report
The Reserve Bank of India’s record dividend payout of nearly Rs 2.7 trillion to the government has been made possible due to robust gross dollar