With Franklin Templeton winding up six credit funds for want of liquidity, the Reserve Bank of India has announced a special cash window for mutual funds to prevent a 'contagious effect'. What is this special scheme, and how will it help mutual funds? Listen as personal finance expert Monika Halan explain the motivation behind RBI's move and its likely impact.
With Franklin Templeton winding up six credit funds for want of liquidity, the Reserve Bank of India has announced a special cash window for mutual funds to prevent a 'contagious effect'. What is this special scheme, and how will it help mutual funds? Listen as personal finance expert Monika Halan explain the motivation behind RBI's move and its likely impact.