AMFI suspends Stable Money's distribution arm for 6 months: Report

Jessica Rajan, Published on Jun 6th, 2026

AMFI suspends Stable Money's distribution arm for 6 months: Report

Association of Mutual Funds in India (AMFI) has suspended the mutual fund distribution activities of Stable Finserv, the distribution arm of fintech startup Stable Money, The Economic Times reported. The suspension bars the company from selling or distributing mutual fund products for six months, from May 21 to November 20. The reason for the action was not disclosed by AMFI.

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