NRIs are increasingly investing in Indian mutual funds, driven by emotional connections, belief in India’s growth story, and long-term financial goals. While taxation and regulations pose challenges, digitalization and government initiatives are making investments easier. Equities remain the preferred asset class, reflecting a conviction in India’s economic potential, with fixed income playing a complementary role for diversification.
Yes Bank Q4 Results: Net profit rises 45% to Rs 1,068 crore, NII up 16% YoY
Yes Bank has announced impressive Q4 results. The private lender’s net profit surged by 44.8% year-on-year. Net interest income also showed healthy growth. The bank’s