What is this special liquidity facility for mutual funds?
The Reserve Bank of India announced today that it will open a Rs 50,000-core special liquidity facility for mutual funds (SLP-MF) to ease the liquidity pressure on them.
Why were mutual funds facing a liquidity crisis?
Mutual funds were facing a lot of redemption requests after Franklin Templeton Mutual Fund suddenly shut six of its debt mutual fund schemes onFriday. They are unable to ..