The India Post Payment Bank (IPPB) will sell financial products like mutual funds, insurance and pensions with focus on rural, semi-urban areas and the unbanked and under-banked segments.
R Sivakumar, Head of Fixed Income at Axis Mutual Fund talks to Cafemutual about his expectations from RBI, how his AMC is managing risk in debt funds and more.
RBI Deputy Governor S. S. Mundra suggested that banks put in place a system of periodic inspection of the sale of third party products by involving their internal inspection teams and plug the loopholes.
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