After the rationalisation and categorisation of mutual fund schemes undertaken by the Sebi in October 2017, overnight funds have emerged as a distinct category. Illustration: Uttam Ghosh/Rediff.com......
Even as the market remained flush with liquidity, banks were in no mood for subscribing to fresh corporate bonds or commercial papers ahead of the annual policy review. According to market......
Liquidity continued to remain tight. The Reserve Bank of India had to infuse around Rs 15,000 crore (Rs 150 billion) into the system. The market however expects the tightness to ease during the......
Indian Oil Corporation has entered the call money market to raise funds, using the Rs 2,320-crore (Rs 23.2 billion) oil bonds issued to it by the government recently as a collateral.The company......
Non-government provident funds have been allowed to invest five per cent of their assets in blue-chip shares and 10 per cent in corporate debts and equity-oriented mutual funds from April 2005.The......