Monday, April 27, 2020

RBI announces ₹ 50kcr Special Liquidity Facility for Mutual Funds

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to the closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2SbeZcd

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