Premium Global

The Sebi circular on categorisation and rationalisation of mutual fund schemes led to cash inflows into several small-cap funds drying up in an unprecedented portfolio overhaul, says a research note by brokerage Prabhudas Lilladher.

Happy Independence Day to all

Banks trim overseas operations to focus on improvement in domestic business
As part of the government's effort, reduction in international business is helping lenders improve focus on domestic growth thereby improving their net interest margins and reducing operating expenditure