- RBI’s MPC maintained the status quo on the repo rate and kept it unchanged at 6.5%. The committee also retained the real GDP growth forecast at 6.5% and Inflation forecast at 5.4%.
- SEBI in a circular introduced a centralized mechanism for reporting and verifying the demise of an investor through KRAs in order to streamline the transmission process.
- Baroda BNP AMC, WOC AMC, Edelweiss AMC and Groww AMC have launched the NFOs for Baroda BNP Small Cap Fund, WOC Balanced Hybrid Fund, Edelweiss Multi Cap Fund,Groww Nifty Total Market Index Fund.
- IPOs of Valiant Laboratories and Plaza Wires got oversubscribed by 30 times and 161 times respectively.
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