Mumbai, Apr 29 (PTI) Franklin Templeton Alternative Investments on Tuesday announced the first close of Rs 205 crore for its alternative investment fund.

The Franklin India Credit AIF has a target corpus of Rs 1,000 crore, which will be invested in debt securities, as per a statement.

Also Read | BR Gavai To Be 52nd CJI: From Bombay HC Judge to Becoming Next Chief Justice of India; All About Justice Bhushan Ramkrishna Gavai Who Is Set To Succeed CJI Sanjiv Khanna.

Also Read | Bank Holidays in May 2025: Banks To Remain Closed for 12 Days This Month, Check Complete List of Bank Holiday Dates Before Planning Banking Tasks.

Axis Finance launches home loan for low-income group

* Non-bank lender Axis Finance on Tuesday launched a home loan product for economically weaker sections and low-income groups.

The Axis Bank arm will deliver hyper localisation of products, speed of execution, it said in a statement.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)