NRIs are increasingly investing in Indian mutual funds, driven by emotional connections, belief in India’s growth story, and long-term financial goals. While taxation and regulations pose challenges, digitalization and government initiatives are making investments easier. Equities remain the preferred asset class, reflecting a conviction in India’s economic potential, with fixed income playing a complementary role for diversification.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may