MF Update: AMFI Launches Initiatives to Deepen Mutual Fund Participation
On 21 August 2026, the Association of Mutual Funds in India announced five initiatives under its “Mutual Funds Sahi Hai” campaign targeting women, first-time investors, smaller cities, and underserved communities. These include workshops for 10,000 distributors and 500 awareness programmes reaching 25,000 participants.
On 21 August 2026, the Association of Mutual Funds in India announced five initiatives under its “Mutual Funds Sahi Hai” campaign targeting women, first-time investors, smaller cities, and underserved communities. These include workshops for 10,000 distributors and 500 awareness programmes reaching 25,000 participants.
■ Economy Update: Core Industries Output Shows Steady Expansion
Data reported around 20 August 2026 indicated that India’s eight core industries recorded growth of approximately 5.4 per cent in July, with six of the nine sectors expanding. Refinery products returned to positive territory after a period of contraction.
Data reported around 20 August 2026 indicated that India’s eight core industries recorded growth of approximately 5.4 per cent in July, with six of the nine sectors expanding. Refinery products returned to positive territory after a period of contraction.
■ Industry Update: NBFC Growth Outlook Remains Resilient
An industry assessment published around 22 August 2026 indicated that the non-banking financial company sector continues to exhibit resilient growth prospects. Key monitorables include margins and asset quality.
An industry assessment published around 22 August 2026 indicated that the non-banking financial company sector continues to exhibit resilient growth prospects. Key monitorables include margins and asset quality.
■ Corporate Update: ICICI Bank Board Approves $5 Billion Overseas Borrowing Limit
On 21 August 2026, ICICI Bank’s board approved a revised overseas borrowing limit of up to $5 billion through bonds, notes, and offshore certificates of deposit. The decision provides additional funding flexibility in international markets.
On 21 August 2026, ICICI Bank’s board approved a revised overseas borrowing limit of up to $5 billion through bonds, notes, and offshore certificates of deposit. The decision provides additional funding flexibility in international markets.
| Particulars | Price as on 21st Aug’ 2026 | Price as on 14th Aug’ 2026 | Change % |
|---|---|---|---|
| S&P BSE Sensex | 77,540.83 | 78,009.25 | -0.60% ⬇️ |
| Nifty 50 | 24,252.00 | 24,366.00 | -0.47% ⬇️ |
| Nasdaq | 26,180.46 | 26,729.16 | -2.05% ⬇️ |
| Gold 999 (10 Gms) | ₹ 1,60,620 | ₹ 1,52,363 | 5.42% ⬆️ |
| Silver 999 (1 Kg) | ₹ 2,46,630 | ₹ 2,33,842 | 5.47% ⬆️ |
| WTI USD Crude Oil | 86.34 | 81.53 | 5.90% ⬆️ |
| USD/INR | ₹ 95.7100 | ₹ 95.4300 | -0.29% ⬇️ |