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Новости за 19.07.2024

Mutual fund AUM to surpass Rs 100 lakh crore mark in 2-3 years: ICRA

Economictimes.indiatimes.com 

The Indian mutual fund industry is on track to surpass Rs 100 lakh crore AUM in the next few years. AUM grew by 38% to reach Rs 61.16 lakh crore. Equity funds and sectoral/thematic funds experienced significant inflows. Investors are advised to understand sectoral funds before investing.

No plans to allow business houses to promote banks: RBI Guv Das

Economictimes.indiatimes.com 

Governor Shaktikanta Das stated that the Reserve Bank of India (RBI) currently has no plans to allow business houses to promote banks, citing risks of conflict of interest and related-party transactions. He addressed the issue at an event organized by the Financial Express, noting that previous attempts to involve conglomerates in banking were disqualified a decade ago.

Aadhar Housing Finance targets 20% increase in disbursement

Economictimes.indiatimes.com 

Blackstone-backed Aadhar Housing Finance Limited (AHFL) expects over 20% growth in home loan disbursements for low-income housing, driven by the upcoming budget's push for "Housing for All". AHFL's MD, Rishi Anand, urges the government to update the income criteria for economically weaker sections and low-income groups to align with current economic conditions.

Microsoft Outage: IT Ministry issues advisory, says problem related to recent update in product

Economictimes.indiatimes.com 

The Indian Computer Emergency Response Team (CERT-In) issued an advisory following disruptions at global and Indian airlines, banks, and other institutions due to a Microsoft products outage. A Crowdstrike update caused the issue, leading to system crashes. Microsoft has since resolved the issue. Electronics & Information Technology Minister Ashwini Vaishnaw confirmed ongoing communication with Microsoft.