assets under management Current Affairs, GK & News
PMS Investment size increased by SEBI
The regulator of the securities market in India, Securities and Exchange Board of India (SEBI) had tightened disclosure norms on loan defaults and has increased the minimum investment limit by clients in a Portfolio Management Service (PMS) to Rs 50 lakh, from the earlier limit of Rs 25 lakh. The base net worth requirement of ..
Month: Current Affairs - January, 2020
Topics: assets under management • Mutual Funds • Portfolio Management Service (PMS) • SEBI • Securities and Exchange Board of India (SEBI)
Muthoot Finance to acquire IDBI Mutual Fund
Muthoot Finance known as the largest gold financing company in the world has entered into an agreement to acquire IDBI Asset Management Limited and IDBI Mutual Fund Trustee Company limited on 22nd November 2019. The transaction is expected to be completed by February 2020, subject to necessary regulatory approvals that will pave the way for ..
Category: Economy & Banking Current Affairs
Topics: assets under management • IDBI • IDBI mutual fund • Kochi • muthoot finance • Mutual Funds