Equity mutual funds saw renewed investor interest in February, attracting significant inflows. This trend indicates a long-term outlook from investors, overlooking short-term market fluctuations. Gold ETFs continued to receive investments, though at a reduced pace. Conversely, silver ETFs experienced outflows as investors booked profits.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew