In the quarter-ended March 31, this route-popular among retail investors-saw a decline in new registrations and an increase in stoppages by individuals. The discontinuations could be a mix of investors being averse to renewing SIPs or ending existing plans in the face of adverse stock market conditions.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of