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axis mutual fund

Axis Bank Pms Acquisition: Axis Bank’s MF arm acquires Rs 12,000 crore PMS business from securities arm

MUMBAI: Axis Asset Management Company will acquire the portfolio management services business of Axis Securities, adding over 2,500 investors and taking its PMS assets under management to around Rs 15,000 crore.The acquisition is among the largest PMS deals in India by investor count and will see the acquired business operate under “Alternates by Axis AMC”....
rbi lending

Improving liquidity helping robust growth in credit: RBI

RBI said that the domestic economy has navigated a “tumultuous phase” MUMBAI: Liquidity conditions have improved further, supporting robust credit growth even as India’s external sector remains steady with an improving outlook aided by foreign investment inflows, RBI said in its latest State of the Economy report, noting that the domestic economy has navigated a...
temasek

Temasek Investments: Temasek widens scope of India investments

Singapore’s state-owned investor Temasek is widening its scope of investments in India (representative image) MUMBAI: Singapore’s state-owned investor Temasek is widening its scope of investments in India, a market where it has been traditionally focused on consumer, financial services and healthcare spaces.The company will bet on areas such as industrials as the country sharpens its...
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