fund

IndusInd Bank’s accounting lapse brings mutual fund exposure in focus, ET BFSI

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IndusInd Bank’s accounting lapse brings mutual fund exposure in focus, ET BFSI

IndusInd Bank’s accounting lapse brings mutual fund exposure in focus IndusInd Bank’s accounting discrepancy has sparked investor concerns, leading to a sharp decline in its stock price and impacting mutual funds with significant holdings in the bank. ICICI Prudential Mutual Fund holds the largest stake, with investments of over Rs 3,700 crore across 36 schemes, … Read more

NBFC body seeks dedicated fund for EV financing, highlights key challenges, ET BFSI

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NBFC body seeks dedicated fund for EV financing, highlights key challenges, ET BFSI

NBFC body seeks dedicated fund for EV financing, highlights key challenges The representative body for the Non-Banking Financial Companies (NBFCs) – Finance Industry Development Council (FIDC) – has written to the central government seeking setup of dedicated fund with SIDBI / NABARD, exclusively for funding NBFCs for on lending to Environment friendly assets like EVs. … Read more