RBI Cautions Against Illegal Forex Trading Platforms.

The Reserve Bank of India (RBI) Governor, Shaktikanta Das, has cautioned banks to be vigilant about certain individuals or entities using banking channels to fund activities on unauthorized forex trading platforms. Das emphasized the need for enhanced vigilance in this regard. In other news, equity mutual fund inflows in India dropped by 16% in March, with investors pulling money out of small cap funds for the first time in the last 30 months. This information was released by the Association of Mutual Funds of India (AMFI). [Extracted from the article]