The shares of IndusInd bank surged more than 2.67 per cent after the bank received approval from the Reserve Bank of India (RBI) to establish a wholly-owned subsidiary for undertaking the asset management business of Mutual Funds, the bank informed the exchange in a filing.
The Assets Under Management (AUM) of equity mutual funds have surged by 5.37 per cent sequentially to Rs 25,12,845.59 crore in July 2024 from Rs 23,84,727.69 crore in June 2024, PL Wealth Management said in a statement.
Bengaluru (Karnataka) [India], August 14: TVS Credit Services Limited, one of India's leading NBFCs, published its unaudited financial results for the quarter ended June 30, 2024. The Company reported Assets Under Management (AUM) of Rs 26,351 Crore as of Jun'24, an increase of Rs 4,427 C
Gurugram (Haryana) [India], August 8: India Shelter Finance Corporation Limited announced the unaudited financial results for quarter ended on June 30, 2024.
New Delhi [India], August 5: Today, Manappuram Finance stands as a leading NBFC with an Asset Under Management (AUM) of Rs42,070 crore, serving an extensive customer base across India. The company offers a variety of financial products, including personal loans, business loans, and vehicle l
Ahmedabad (Gujarat) [India], July 30: Prudent Corporate Advisory Services Limited (Prudent), one of India's leading diversified financial services groups, announces that its Assets Under Management (AUM) have surpassed the 1 Lakh Crore mark as of July 26, 2024. Prudent becomes the 2nd non-ba
Ahmedabad (Gujarat) [India], July 25: The Board of Directors of MAS Financial Services Limited (MAS Financial) (BSE: 540749, NSE: MASFIN), specialized in MSME financing, announced today the unaudited financial results for the quarter ended 30th June 2024.
"Foreign Secretary @VikramMisri & Foreign Secretary Aum Pema Choden co-chaired 3rd Development Cooperation Talks of the 13th Five Year Plan. Reviewed implementation modalities & cooperation in diverse areas of development partnership under 13 FYP period," the Indian Embassy in Bhu
Hyderabad (Telangana) [India], July 17: Validus Fintech Services Pvt Ltd has successfully secured seed funding from AUM Ventures, an Abu Dhabi Global Market (ADGM) based India focused VC Fund, and other strategic investors.
According to a press release, the company's assets under management (AUM) surged by 59 per cent year-on-year, reaching Rs 69,018 crores. Revenue grew by 38 per cent to Rs 245 crores, while profit before tax (PBT) increased by 40 per cent to Rs 99
Lower yields in key regions and weaknesses in non-dollar currencies increased gold's allure to local investors, pushing global gold ETFs' total assets under management (AUM) 8.8 per cent higher year-to-date to USD 233 billion. Collective holdings also rebounded, reaching 3,105 tonnes.
Singapore, June 28: Matrixport, Asia's largest one-stop financial services platform, announced its first private strategy trading competition on June 24th, 2024. A weekly trial will be held for four consecutive weeks, during which participants may share 3700 USDT each week, a limited quantit