Mutual Funds in India: AUM Nears ₹66 Lakh Crore, Retail Share at Decade High
TL; DR: Mutual funds in India have grown rapidly, with AUM touching nearly ₹66 lakh…
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EPFO Claim Rejection Rate at 26% in 2023-24
TL;DREPFO, meant to safeguard retirement savings, is rejecting over 1 in 4 claims, i.e.160 lakh…
Data: Outstanding Liabilities of Government of India Increased by Over 13 Times Since the year 2000, in line With Growth in Receipts
As per official data, GoI’s revenue receipts stood at approximately ₹2 lakh crore in the…
Data: Average Monthly SIP Contribution Increased More Than Sixfold Between 2016-17 and 2024-25
In recent years, the Systematic Investment Plan (SIP) has emerged as one of the most…
Data: As per IBBI Data, About 44% of The Closed CIRPs Moved Into Liquidation
The Insolvency and Bankruptcy Code (IBC), enacted on 28 May 2016, was designed to address…
NITI Aayog’s Report Makes Multiple Recommendations for Enhancing Competitiveness of MSMEs
Micro, Small, and Medium Enterprises (MSMEs) play a vital role in India’s economic development by…
Data: Total Outstanding Liabilities of State Governments Over ₹ 84 Lakh Crores or 29% of GSDP As of 2024
According to RBI data, the combined outstanding liabilities of all States stood at approximately ₹13…
Data: Women Hold 39% of the Bank Accounts & 19% of Demat Accounts as of March 2024
Recently, MoSPI released the 26th edition of “Women and Men in India 2024: Selected Indicators…
Data: As Lakhs of NPA Cases Are Referred to Lok Adalats & Other Channels, Amount Recovered Remains Low
As per RBI guidelines, it is mandatory for banks to have a loan recovery policy…
Data: Annual Average Registration of ECIRs by ED Jumps Fivefold Since 2019-20
Since 2005, the ED has registered approximately 7,403 ECIRs under the Prevention of Money Laundering…
