SEBI rejigs debt MF rules
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
In a chat with Fortune India, Radhika Gupta, MD and CEO of Edelweiss Asset Management, talks about how the fallout of the the Covid-19 pandemic can be used in a positive manner, among other things.
Absence of new taxes, no tweaking of older ones, infrastructure capex focus, and stronger disinvestment intent boosts equity indices, with the Sensex recording its best Budget-day gains since 1997.
Apart from recapitalisation, public sector banks get a shot in the arm in the form of ARC and AMC mechanisms to clean up their books.
The third IPO from India’s mutual fund industry is worth ₹2,160 crore.
The magnitude of stressed assets piled up with PSBs raises questions on the rationale and funding of such an ARC/AMC.