Foreign investors reduced holdings in top private banks over the past year. They increased stakes in select public sector lenders, showing a notable shift. This trend reflects closing performance gaps between public and private banking sectors. Analysts note diminished premiums for private banks as public ones improve. Investors now focus on individual bank performance rather than just sector.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline