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Airtel Payments Bank

23 Feb 2017

Airtel Payments Bank to sell insurance, MF products

Airtel Payments Bank (APB) is planning to sell third party financial products to boost its revenue from other income category, an official said.

11 Aug 2015

MF distributors income jumps 84% to Rs 4,729 cr in FY'15

Mutual fund distributors clocked a staggering income of Rs 4,729 crore in 2014-15, a surge of 84 percent from the preceding financial year, mainly on account of sharp rally in market and robust inflows in equity schemes.

10 Aug 2015

Mutual Funds focusing on 'direct plan' to sell schemes

A number of mutual fund houses are focusing on 'direct plan' mode to sell their schemes, a move that may maximise the returns for the investors as against regular plans involving distributors.

30 Apr 2015

RBI relaxes norms for distribution of MF products by NBFCs

Reserve Bank Thursday relaxed norms for distribution of mutual fund products by NBFCs by doing away with the requirement of a prior permission from the central bank.

17 Jul 2014

Mutual fund distributors' commission rises by 9% in FY'14

According to latest data available with Association of Mutual Funds in India (AMFI), the total income earned by 329 distributors stood at Rs 2,572 crore.

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