RBI approves the establishment of an operations support branch by SBI
The RBI has given preliminary approval to the State Bank of India for its subsidiary proposal to support operations, aimed at reducing the cost-to-revenue ratio.
The RBI has given preliminary approval to the State Bank of India for its subsidiary proposal to support operations, aimed at reducing the cost-to-revenue ratio.
HDFC Mutual Fund, one of the largest mutual fund companies in India, has assets under the management of Rs 4,23,716 crore.
The fund has a flexible approach, and the fund management team has full freedom to invest in companies of different sizes based on the maximum expected return.