AMC
Sebi comes up with system audit framework for AMCs-MFs
The regulator has asked MFs and AMCs to conduct system audit on an annual basis by an eligible independent auditor.
Govt, banks may have to float USD 9 billion AMC/ARC
The government will have to infuse $26.5 billion into the state-run banks (excluding SBI) in FY19-20.
Bug in telco’s system: Cops yet to make arrests
Firm incurred heavy losses as essential operations were hampered.
PSBs may set up assets management firm: FM
Panel, headed by PNB chairman, to report in 2 weeks
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