Equity schemes, led by small- , mid-cap and thematic funds, received ₹39,688 crore inflows during the month as against ₹41,156 crore in December. Investments through monthly systematic investment plans (SIPs) softened a tad to ₹26,400 from the previous month’s ₹26,459 crore.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate