The ARCs have recently made a pitch to the Reserve Bank of India (RBI) to let wealthy investors subscribe to and trade in ‘security receipts’ (SRs) which are issued by ARCs to part-pay for loan portfolios bought from banks. These receipts are closest to ‘junk bonds’ in the emerging Indian financial market for stressed loans.
Mutual fund planner for 2025: Spotting trends, insights and opportunities
In 2024, India’s mutual fund industry reached ₹68.08 lakh crore in assets under management. Systematic Investment Plans, passive funds, and multi-asset investing are expected to