In a recent statement, Sebi chairman Tuhin Kanta Pandey confirmed that the closing auction sessions showed no manipulation. He linked earlier discrepancies to cautious trading in the newly implemented system. Notably, mutual funds have significantly increased activity in these sessions. Additionally, Sebi is looking into strategies to bolster both participation and liquidity in commodity derivatives, while also striving to ease access for institutional investors within Indian markets.
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion
Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth