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MUTUAL FUNDS NEWS
MF assets in Northeast states increases by 145% in 4 years: ICRA Analytics
Tue, May 14, 2024     Source : Economic Times
The average net assets under management (AAUM) of northeastern states have grown by 145% from Rs 16,446 crore in March 2020 to Rs 40,324 crore in March 2024.
MUTUAL FUNDS NEWS
Mutual fund industry AUM surges 35% at Rs 53.40 lakh crore in March: ICRA Analytics
Fri, Apr 26, 2024     Source : Economic Times
The assets under management of the Indian mutual fund industry surged 35% and stood at Rs 53.40 lakh crore in March 2024 as compared to Rs 39.42 lakh crore in March 2023, according to a report by ICRA Anal...
NEWS
Bank direct lending to NBFCs to moderate at Rs 1.7-1.9 trn in FY25: ICRA
Tue, Mar 26, 2024     Source : Business Standard
That's because of the recent rise in risk weights by the Reserve Bank of India for NBFC exposures
MUTUAL FUNDS NEWS
Small towns join big players, says ICRA report
Thu, Feb 15, 2024     Source : Mint
The average asset under management of ?52.89-lakh crore of top five States and Union Territories (UTs) including Maharashtra, New Delhi, Karnataka, Gujarat and West Bengal accounted for 68 per cent of the ...
MUTUAL FUNDS NEWS
Mutual fund inflows swell 125% in 2023, AUM headed towards Rs 100 lakh crore in few years: ICRA
Wed, Dec 27, 2023     Source : Economic Times
As a larger number of investors have begun to believe in 'Mutual Funds Sahi Hai', the MF industry saw a 125% surge in net inflows in the calendar year 2023, according to a report by ICRA Analytics.
INSURANCE NEWS
Insurance industry's gross direct premium to cross Rs 3 lakh crore by FY25: ICRA
Tue, May 16, 2023     Source : Economic Times
The insurance industry is expected to net gross direct premium income (GDPI) of about Rs 3 lakh crore by FY25 as against Rs 2.4 lakh crore at the end of March 2023, a report said.
NEWS
Many states to miss capex targets this fiscal: Icra
Fri, Mar 03, 2023     Source : Economic Times
As many as 23 states are set to miss the budgeted capital spending by around Rs 1 lakh crore this fiscal, according to a report. In the first three quarters, the states' capex grew just 11.6 per cent, whic...
NEWS
Rate hikes will not impact NBFCs' collections, says Icra Ratings
Fri, Feb 10, 2023     Source : Economic Times
A day after the Reserve Bank delivered another rate hike, a domestic ratings agency on Thursday said the increases will not impact collection efficiencies for non-bank lenders.
NEWS
India's balance of payments may slip into $45-50 bn deficit
Wed, Nov 09, 2022     Source : Economic Times
India's balance of payments is likely to slip into a $45-50 billion deficit in the current fiscal year, according to an internal assessment by the finance ministry.
NEWS
Broking industry growth moderating after strong FY22, says ICRA
Fri, Sep 09, 2022     Source : Business Standard
ICRA believes that the outlook for the brokerage industry is stable, though its revenue trajectory and profitability are expected to moderate from the FY22 levels
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