RBI announces 50,000crore Special Liquidity Facility for Mutual Funds
Part of: GS-III- Economy-Capital markets (PT-MAINS-PERSONALITY TEST)
The Reserve Bank of India announced a Special Liquidity Facility for Mutual Funds (SLF-MF) of 50,000 crore rupees with a view to easing liquidity pressures on Mutual Funds. The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability.
Imp points
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