Home / Economy / News / Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Here are the top 10 headlines on Tuesday

Premium

The RBI window, which is effective from April 27, allows MFs to access liquidity through two routes.

4 min read Last Updated : Apr 28 2020 | 7:10 AM IST

The Reserve Bank of India (RBI) on Monday opened a Rs 50,000-crore special liquidity window for mutual funds (MFs) to give a line of credit to the industry in the light of heightened redemption pressure after the closure of six schemes by Franklin Templeton Mutual Fund. Here are the top 10 business stories that made news on Monday:

RBI opens Rs 50,000-crore special liquidity window to support mutual funds

The RBI window, which is effective from April 27, allows MFs to access liquidity through two routes. Banks can borrow funds from the statutory liquidity facility for them from the RBI and

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in