 "debt, loan, liquidity, market share, corporate, company, companies, firm, india inc, cash, fund, shares, stocks, shareholding, investment, lending")
Banks that meet the liquidity needs of mutual funds without using RBI’s special liquidity facility for MFs (SLE-MFs), will also get the regulatory benefits available to those that are tapping this special window.
The decision was taken based on requests received from banks, RBI said in a statement. Banks using their own funds to meet liquidity needs of MFs by extending loans, and purchasing investment-grade corporate bonds, commercial paper (CPs), debentures and certificates of deposit (CDs) held by MFs can claim the regulatory benefits available under SLF-MF scheme.
