SBI’s Rs 1.2 crore bet on NSDL now worth Rs 7,800 crore in just 3 days

IANS | August 10, 2025 1:54 PM

Mumbai, Aug 10 (IANS) State Bank of India has hit a historic jackpot with its early investment in National Securities Depository Limited (NSDL) as what began as a modest Rs 1.20 crore stake has ballooned into Rs 7,801.80 crore in just three trading sessions -- delivering an unbelievable return of over 6,50,000 per cent.

Smaller cities lead mutual fund growth, outpacing big metros in post-COVID era

IANS | August 10, 2025 12:35 PM

New Delhi, Aug 10 (IANS) Investments in mutual funds have picked up strongly in the post-Covid period, with smaller towns and cities emerging as surprising growth leaders as assets from B30 cities -- those beyond the top 30 -- have been growing faster than those from large urban centres, as per the data from the Association of Mutual Funds in India (AMFI).