MUMBAI: The share of mutual funds in the household sector’s gross monetary savings elevated from 0.9% in 2011-12 to six% in 2022-23. Assets underneath administration have grown at a compounded
MUMBAI: The share of mutual funds in the household sector’s gross monetary savings elevated from 0.9% in 2011-12 to six% in 2022-23. Assets underneath administration have grown at a compounded
According to the report, the soundness and resilience of scheduled industrial banks are bolstered by strong capital buffers, multi-decadal low non-performing loans ratio and powerful earnings. File | Photo Credit: Reuters