Equity mutual fund flows drop 30% in September https://ift.tt/kapK9VB mutual funds garnered ₹14,091 crore in September as against ₹20,245 crore in August, according to data from Association of Mutual Funds of India (AMFI).
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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