Finance Minister Nirmala Sitharaman on Thursday told banks to set up loan restructuring schemes by September 15 to rescue all viable business units affected by the Covid-19 pandemic. She was holding a review meeting with the heads of scheduled commercial banks and non-bank finance companies (NBFCs) via video conference. Top …
Read More »Trading in the Corporate Bond Market Accelerates in Mutual Fund Relief
[ad_1] MUMBAI : Trading in the corporate bond market saw a surge this week, offering some relief to highly liquid mutual funds facing bailout pressure on their debt funds. Daily trade volume has exceeded ₹Rs 10 billion in the three days to April 29, 15% more than the average daily …
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