India’s largest mutual funds by AUM highlight strong investor preference for flexi-cap, balanced advantage, mid-cap and hybrid categories, with Parag Parikh Flexi Cap, HDFC BAF and HDFC Flexi Cap leading the pack, followed by major offerings from SBI, ICICI Prudential, Kotak and Nippon India.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an