Women’s participation in mutual funds has surged, with AUM doubling in five years to Rs 11.25 lakh crore. Long-term investing, SIP adoption, and equity allocation have increased, while debt fund interest declined. More women are opting for direct plans, and younger investors in smaller cities are driving mutual fund growth.
Indian Bank raises deposit rates by 15 basis points
Indian Bank managing director Binod Kumar had said earlier that the bank does not have surplus liquidity as it shed Rs 10,000 crore of bulk