To enhance mutual fund distribution in remote regions, Amfi partnered with the Department of Posts to train one lakh postmen. This collaboration, marked during Amfi’s 30th foundation day, aims to deepen financial literacy and broaden the reach of mutual fund products nationwide. Sebi officials and industry leaders attended the event, highlighting the initiative’s significance.
Banking stocks, high oil prices drag Indian markets lower
Across Asia, markets were mixed, with South Korea rebounding 1.8% from last week’s losses amid simmering concerns over excessive investments in artificial intelligence (AI). Taiwan