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  • News From Press Sense and sensibility on mutual fund loans to promoters

    Sense and sensibility on mutual fund loans to promoters

    Source: The Economic Times Feb 20, 2019


    A lot of heat and dust has been generated on the issue of mutual fund lending to promoters. We live in interesting times where sudden changes in markets, risk appetite can throw even the best planners off guard creating challenges that could take months to resolve. Here is a way to think about the whole issue but before that a number of misconceptions need to countered and addressed.

    Firstly, funding promoters is a legitimate business activity and cannot be considered something dangerou ..

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