Thursday, June 23, 2011

MFs chase only rich in cities, ignore the hinterland: Subir Gokarn, Deputy Governor, RBI




Gokarn is among many regulators, including former chairmen of the Securities & Exchange Board of India CB Bhave and M Damodaran, who believe that the mutual fund industry has been chasing easy money by selling to clients only in cities such as Mumbai, ignoring the hinterland......

Click to read........

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