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  • News From Press FinMin allows PSUs to invest in debt schemes of all mutual funds

    FinMin allows PSUs to invest in debt schemes of all mutual funds

    Source: Business Standard Dec 8, 2022

    The finance ministry — in an office memorandum on Wednesday —allowed public sector undertakings (PSUs) to invest in debt schemes of all mutual funds.

    Earlier, provisions limited central public sector enterprises (CPSEs) to investment in public sector mutual funds only, in which the government held more than 50 per cent share.

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