Top news and market movers ⚡ this week: 14th May’ 21

Top news

The RBI has cancelled the licence of the United Co-operative Bank Ltd, West Bengal over regulatory non-compliance and inadequate capital.

The net asset under management (AUM) of the mutual fund industry rose to an all-time high of Rs 32.42 lakh crore in April.

Axis Mutual Fund has launched the NFO for Axis Global Innovation Fund Of Fund. The NFO closes on May 21.

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