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It also manages pension funds in India and currently has an investor base of more than 12 million live folios. UTI Mutual Fund has a nationwide reach through its distribution channels. It currently operates more than 190 branches across the country. As of 2024, UTI AMC has an Assets Under Management (AUM) of Rs.15.56 lakh crores.
Navi launched a lending app for instant personal loans in June 2020, [15] [16] in Karnataka. [17] [18] [19] Both CRISIL and India Ratings assigned a credit rating of A ‘Stable’ to the company’s borrowings. Further loan disbursement by Navi finserv has been effectively banned by RBI since Oct 21, 2024 due to compliance issues
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institution—or a decentralized network protocol manages and invests, typically on behalf of its clients. [1]
Unlike banks, which rely more on deposits to make loans, Affirm and many of its peers opt for a variety of funding models, including warehouse facilities, asset-backed securitizations and so ...
Tesla's stock price reached $420 on Wednesday afternoon, which elicited responses from social media users and the company's CEO, Elon Musk. "As foretold in the prophecy," Musk wrote in an X post ...
Luigi Mangione, accused in the killing of UnitedHealthcare CEO Brian Thompson, will plead not guilty, according to his lawyer, Thomas Dickey.
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