Friday, December 19, 2025 | 12:05 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Govt May Recapitalise Fi For Uti Bailout

Image

BUSINESS STANDARD

The finance ministry is considering the option of recapitalising one of the financial institutions to infuse funds into the troubled Unit Trust of India.

The move will ensure that the Centre does not have to step in directly to solve the problem of the redemption pressures on the assured-return schemes of UTI, which have begun maturing from the end of April 2002. While today

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 13 2002 | 12:00 AM IST

Explore News