SEBI Chairman Tuhin Kanta Pandey on Friday called on the mutual fund industry to unite in expanding access to small-ticket SIPs, terming them the foundation of retail financial inclusion and long-term wealth creation. “Every SIP is a seed that can grow into a financial tree,” Pandey said at an event hosted by the Association of…
AMFI Mutual Fund Data: The mutual fund industry saw strong growth in new SIP accounts in the April-June quarter of 2025. Around 1.67 crore new SIPs were added, up from 1.41 crore in the previous quarter, according to AMFI. Markets have been volatile, and Nifty 50’s gains this year have been modest. But retail investors seem…
The Reserve Bank of India (RBI) has once again highlighted serious concerns surrounding the microfinance sector in the country. At a recent event held in Mumbai, RBI Deputy Governor M. Rajeshwar Rao cautioned against the growing challenges faced by microfinance institutions (MFIs) and emphasized the need for a more sensitive and development-oriented approach towards this…