Mutual funds, which have side-pocketed troubled assets worth ₹4,000 crore, may find it difficult to recover them in the post-lockdown period, with the government announcing a halt on fresh insolvency cases for at least six months and a majority of ongoing cases being pushed to the later part of the year. As of end-April, debt mutual funds have parked nearly ₹4,000 crore in the so-called side-pockets.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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