![]() The stress of the fund will, however, be concentrated on the high-risk debt mutual funds at this point in time. As a part of this plan, the central bank has decided to ease the liquidity pressures on mutual funds and thus a fund of Rs.50,000 crore is being sanctioned for the same purpose. It will take steps to mitigate the economic impact of the COVID-19 virus breakout and take also necessary steps to ensure that the financial stability is preserved. In an official statement, the central bank said that the RBI is being vigilant and will take necessary steps to fight against the current economic situation. ![]() As a result of the virus outbreak and the lockdown, the capital markets have taken a hit and become volatile. The Reserve Bank of India (RBI) has announced on 27 April 2020 that a special liquidity facility (SLF-MF) of worth Rs.50,000 crore will be sanctioned for easing the liquidity pressure on mutual funds (MFs) which has cropped up as a result of the ongoing nationwide lockdown in India. RBI announces special liquidity facility of Rs.50,000 crore for mutual funds
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