Bandhan Mutual Fund launched its first SIF, Arudha Hybrid Long-Short Fund, targeting sophisticated investors. The interval strategy blends debt, money market instruments and market-neutral equity arbitrage, aiming for optimal returns, risk management and post-tax efficiency, with the NFO open January 9–22.
ADB, StanChart ink partnership to support Indian firms across supply chains
The Asian Development Bank and Standard Chartered Bank have partnered to boost supply chain finance in India. Agreements include risk-sharing for USD transactions via GIFT