FinLens

Indian money, read closely. One page from each desk, every morning.

Friday, 2 Oct 2026

Competition

Anand Rathi Wealth's June-quarter mutual fund fees rose 16.3% year on year while net new client money fell 28.3%

Rs 163 croreprofit, Apr–Jun 2026

Anand Rathi Wealth, a listed firm that invests clients' money for them and earns from selling them mutual funds and other products, grew its fees from clients only 16.3% on mutual funds and 18.5% on other products in the June quarter, and the new money clients brought in, net of what they took out, fell 28.3% on a year earlier.

Figures cover: Apr–Jun 2026Read the page →

Macro

Banks' spare cash soaked up by RBI fell by more than half in the three weeks to 29 Sept, to Rs 466,404 crore

The pool of spare cash that banks park with RBI each night shrank by more than half through September.

Figures cover: day to 29 Sep 2026Read the page →

Regulatory

SEBI drops prior approval for investment firms' ads, except celebrity ones; each is reported within three working days

1,033SEBI-registered investment advisers, August 2026

Figures cover: 24 Sep 2026Read the page →

Thursday, 1 Oct 2026

Macro

In the weekly reading for 31 August 2026, bank deposits were 17.8% above a year earlier, up from 14.7% two weeks before

Bank deposits grew 17.8% over the year to 31 August 2026, a jump far larger than the middle-sized weekly move, which reaches banks' funding directly and matters most to savers and to the firms that help them place deposits.

Figures cover: reading to 31 Aug 2026Read the page →

Competition

360 ONE WAM's June-quarter profit rose 16.1% year on year; income rose 29.9%, expenses 40.1%

Rs 331 croreprofit, Apr–Jun 2026

360 ONE WAM, which manages money for very rich clients, grew its June-quarter profit more slowly than its income because its costs, above all its borrowing cost, rose faster still.

Figures cover: Apr–Jun 2026Read the page →

Regulatory

At end-August 2026, 27 of 510 reporting portfolio managers held 92.5% of all portfolio-management money

530SEBI-registered portfolio managers, August 2026

Figures cover: 24 Sep 2026Read the page →