asset management companies
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.
Asset allocation key to wealth generation
The equity market tends to perform well in expansionary economies whereas government securities generally perform well in contracting economies.
Govt unveils plan on bad loans that protects jobs
Finance minister Piyush Goyal said that the plan focuses on turning around assets in a manner that will not lead to job losses.
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