RBI opens special liquidity facility for MFs

In a big relief for mutual fund investors, the Reserve Bank of India (RBI) on Monday announced a special liquidity facility (SLF-MF) of Rs 50,000 crore with a view to ease liquidity pressures on mutual funds (MFs) which have cropped up as a result of heightened volatility in capital markets due to the Covid-19 pandemic.

from Times of India https://ift.tt/2VZZvcm

Comments

Post a Comment

Popular posts from this blog

Plane crashes in eastern Afghanistan: Officials

A plane crashed in eastern Afghanistan's Ghazni province on Monday but it was not immediately clear how many people were on board, or if it was a passenger or military jet. Crashes involving military flights, particularly helicopters, are common in Afghanistan where inclement weather and creaky aircraft are often pressed to their limits in the war-torn country. from Times of India https://ift.tt/37vJmzV
Read more

Pollution affects honey bees, impacts pollination

In what they claim was some of the first research in the world to try to address the physiological and molecular impacts of air pollution on our wild plants and animals, scientists from the Bangalore Life Science Cluster (BLiSC) show that air pollution could be devastating for organisms we rely on most for our own survival – like the honey bee. from Times of India https://ift.tt/3ixo1LF
Read more

China: SARS-like virus could mutate; toll hits 9

China warned on Wednesday that a SARS-like virus could mutate and spread as the death toll rose to nine and the number of cases reached 440 across the country. The virus has been detected in some other Asian countries, and the United States confirmed its first case on Tuesday. The epicentre of the outbreak is the central Chinese city of Wuhan. from Times of India https://ift.tt/2RgIU2F
Read more