Weekly Roundup – April 16

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CAMS brings you a weekly glimpse into the key news in the BFSI sector, both in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector…

Positive signs to look upon on this new financial year: The India Meteorological Department’s (IMD’s) forecast of an above-normal monsoon, Normal monsoon, falling Consumer Price Index (CPI)-based inflation, lower interest rates to strengthen the economy.

crops Raghuram Rajan is boosting reserves to fight volatility in outflows amid falling growth rate in China and the fact that  that Fed Reserve will most likely raise interest rates

RBI

Government is planning to launch new Exchange Traded Fund (ETFs) this fiscal year.

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Markets regulator SEBI may soon review its current framework of listing start-ups to make it much more easy and vibrant based on the suggestions from industry and experts.  Start-ups, including e-commerce firms are going to benefit from this.

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In 2015-16, equity mutual funds witnessed an addition of over 43 lakh investor accounts. This was primarily was due to robust contribution from smaller towns.

 

About CAMS:

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Computer Age Management Services (CAMS) is India’s premier Mutual Fund Transfer Agency serving over 60% of assets of the industry across 15 Mutual Funds. Leveraging superior technology, CAMS brings several innovative services to Mutual Fund investors and distributors. CAMS is also a service partner to leading insurance companies, banks, NBFC’s and alternate investment funds. To know more visit www.camsonline.com

 

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Published by

Sudarshan Ranganthan

Breaths Investments, Suggests Wealth Creation Ideas, Lives on Law Of Attraction

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