India’s capital markets regulator has proposed significant changes to mutual fund fee structures, aiming for greater transparency and cost efficiency for investors. These proposals include reducing expense ratios for equity mutual funds and excluding statutory levies from total expense ratio limits. The move seeks to ensure investors benefit more from the industry’s economies of scale.
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest payments
HDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Corporation. The Audit Committee