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Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings Below the Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings   “Total Asset under Management (AuM) stood of Mutual Funds reached Rs 66.7 lakh crore in August 2024 rising by 3.1% sequentially buoyed by positive market sentiments along with inflows in debt funds of Rs.0.45 lakh crore as well as equity funds of Rs.0.38 lakh crore.. The growth in debt fund inflows was driven by overnight funds, liquid funds, and money market funds, which together accounted for o...
Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings
Views on AMFI-Sanjay Agarwal, Senior Director, CareEdge Ratings
Source: CareEdge Ratings
2024-09-12 03:18:30 pm
Quote on Budget 2024-25 by by Sanjay Agarwal, Senior Director, CareEdge Ratings Below the quote on Budget 2024-25 by Sanjay Agarwal, Senior Director, CareEdge Ratings   “Availability of GST data, account aggregators have enabled financiers to lend proactively to MSMEs. Bank credit to Industrial MSMEs has grown by over 13% CAGR in the last two years. Additionally, there has been a significant improvement in overall delinquencies from over 12% in FY17 to 2.3% in Q2FY24. MSMEs have an estimated credit gap of approximately Rs 28 lakh cror...
Quote on Budget 2024-25 by by Sanjay Agarwal, Senior Director, CareEdge Ratings
Quote on Budget 2024-25 by by Sanjay Agarwal, Senior Director, CareEdge Ratings
Source: CareEdge Ratings
2024-07-23 03:39:46 pm
Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings Below the Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings   “The Rs 53.4 lakh crore Mutual Fund industry witnessed outflows of nearly Rs 1.6 lakh crores led by the debt funds which witnessed outflows of over Rs 1.98 lakh crore. The liquid funds outflows of nearly Rs 1.57 lakh crore,. albeit on the higher side compared to December 2022 as well as March 2023 are a regular quarterly pattern of liquidity management by c...
Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings
Quote on on AMFI numbers for March announced today by Sanjay Agarwal, Senior Director, CareEdge Ratings
Source: Care Edge Rating
2024-04-10 05:09:16 pm
RBI`s decision on 3rd-party UPI apps to democratise wallet market: Experts Industry experts on Friday welcomed the move by the Reserve Bank of India (RBI) to permit the use of third-party UPI apps for making digital payments from prepaid payment instruments (PPI) wallets. PPIs can come in the form of payment wallets, smart cards, magnetic chips, vouchers and mobile wallets, etc. At the moment, UPI payments from PPI can only be through the web or mobile app provided by the PPI issuer. Shivaji Thapliyal, Head of Research and Lead Analyst, Yes Securities, said...
RBI`s decision on 3rd-party UPI apps to democratise wallet market: Experts
RBI`s decision on 3rd-party UPI apps to democratise wallet market: Experts
Source: IANS
2024-04-05 02:05:58 pm
Mutual funds AUM grows at 38 pc year on year in Feb The overall assets under management (AUM) of the mutual fund industry in February continued to remain above the Rs 50 lakh crore threshold at Rs 54.5 lakh crore, growing at 38.2 per cent year-on-year and 3.4 per cent sequentially, due to continued inflows as capital markets test new highs, said Sanjay Agarwal, Senior Director, CareEdge Ratings. Inflows in equity funds remain high even as investments into mid and smallcap schemes remain strong yet moderate sequentially, he said. The SIP ...
Mutual funds AUM grows at 38 pc year on year in Feb
Mutual funds AUM grows at 38 pc year on year in Feb
Source: IANS
2024-03-09 06:23:38 pm
28% GST on online gaming, casinos & horse racing from Oct 1: CBIC chief The Central Board of Indirect Taxes and Customs (CBIC) is prepared to implement the 28 per cent GST (Goods and Services Tax) rate on online gaming, casinos and horse racing from October 1, CBIC chairman Sanjay Agarwal said on Thursday.?We are fully prepared to bring it into effect from October 1. As per the decision taken in the last meeting of the GST council, the related notifications are under process,? the CBIC chairman told media persons.This move comes with the consensus of all states a...
28% GST on online gaming, casinos & horse racing from Oct 1: CBIC chief
28% GST on online gaming, casinos & horse racing from Oct 1: CBIC chief
Source: IANS
2023-09-29 09:59:20 am