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  • News From Press Bond market warms up to NBFCs but Franklin Templeton's troubles echo

    Bond market warms up to NBFCs but Franklin Templeton's troubles echo

    Debt mutual funds are going easy on corporate bond purchases and are instead buying more government bonds. Banks are filling the shoes of mutual funds but this may not sustain for long.
    Mint Jun 26, 2020

    The corporate bond market has been abuzz with issuances in the last two months. Thanks to measures by the Reserve Bank of India (RBI) and the government, companies have raised around ₹1.4 trillion from the market in the first two months of FY21. Bond traders said that the month of June too looks promising in terms of issuance volume.

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