To enhance mutual fund distribution in remote regions, Amfi partnered with the Department of Posts to train one lakh postmen. This collaboration, marked during Amfi’s 30th foundation day, aims to deepen financial literacy and broaden the reach of mutual fund products nationwide. Sebi officials and industry leaders attended the event, highlighting the initiative’s significance.
WACR tops repo rate for first time in nearly 2 months
Liquidity in the banking sector has contracted to below ₹5 lakh crore, causing the weighted average call rate to rise to 5.31%. The Reserve Bank