Sebi’s new SWAGAT-FI framework offers “diplomatic passport” status to trusted foreign investors like sovereign funds and pensions, easing entry, extending registration validity to 10 years, and simplifying compliance — a move aimed at stabilising FII flows and attracting long-term global capital.
Axis Bank Q2 profit up 38% on loan growth
Axis Bank has showcased impressive results with a 38% surge in net profit for the quarter ending in September. This significant growth stems from strong