Thirteen equity mutual funds delivered over 22% CAGR on lumpsum investments in five years, turning Rs 1 lakh into nearly Rs 2.7–2.9 lakh, led by midcap and smallcap funds.
RBI action on Paytm Payments Bank incrementally negative for One 97, says Bernstein; retains ‘Outperform’, sees 30% upside
The RBI has cancelled Paytm Payments Bank’s license due to regulatory non-compliance, citing detrimental operations and prejudiced management. While Bernstein views this as incrementally negative