SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press Mutual Funds are not banks, shouldn't behave like one: Sebi chief Ajay Tyagi

    Mutual Funds are not banks, shouldn't behave like one: Sebi chief Ajay Tyagi

    Addressing members of industry body Amfi (Association of Mutual Funds in India) Tyagi said, debt mutual funds must remember at all times that there is a difference between 'investing' and 'lending' "Mutual funds are not banks and shouldn't attempt to behave like one," Tyagi added.
    Money Control Sep 23, 2020

    Sebi Chairman Ajay Tyagi on September 22 said mutual funds are not banks and should not attempt to behave like one. The remark comes against the backdrop of some mutual fund houses giving moratorium to borrowers in recent months on the lines of banks.

    Read more

     

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.