The Zee episode has brought mutual funds’ exposure to loans against shares under the spotlight. To earn higher returns for their unit holders, many debt mutual funds over the last couple of years, have entered into structures to lend money to promoters against their shares. ET takes a look at how do mutual funds lend to promoters:
What is promoter funding?
Many a time promoters need funds for working capital, business growth, or even acquisitions. With many PSU ban ..