The Reserve Bank of India on July 17 created a special Rs 25,000-crore borrowing facility for mutual funds (MFs) to meet their liquidity requirements. This is being done to manage the heavy redemptions that are expected due to sudden losses in debt funds following the tightening of liquidity and the hike in overnight lending rates. This is the second time the central bank has opened such a window for MFs.
FlashNews:
New Relic Rolls Out Infrastructure 360 for Faster, Smarter AI Operations
Inox Green Completes ₹5.5 Billion Acquisition of Wind World’s 4.5 GW O&M Business
Air India, Singapore Airlines Deepen Partnership to Expand Travel Options, Loyalty Benefits
Alok Tiwari Takes Additional Charge as DFCCIL MD, Pushes Tech‑Driven Freight Corridor Agenda
India Launches Integrated Transport & Logistics Authority to Cut Costs and Boost Connectivity
India’s Infrastructure Future Hinges on Making Projects Investable and Tech‑Driven: Deloitte Survey
FLY91 Expands Regional Network with Ceremonial Touchdown at Navi Mumbai International Airport
Brahmaputra Set to Reclaim Global Role as Dibrugarh Sends First Cargo to Bangladesh
IndiGo Raises Fares as ATF Costs Surge
India Becomes Veolia Foundation’s Regional Emergency Response Hub for Asia-Pacific
Airtel Business Unveils IQ Gateway to Secure Enterprise Messaging at Scale
POWERGRID Veteran Akhilesh Pathak Takes Charge as Director Projects
India Rolls Out $28 Billion GOBARdhan Biogas Plan to Cut Imports, Boost Rural Economy
India’s Civil Aviation Demand is Outpacing Supply: Kinjarapu Ram Mohan Naidu
INDIA’S INFRA STORY IS SHIFTING TRACKS
India’s Green Hydrogen Mission Chief Urges Industry to Back Emerging Ecosystem
Global Trust as Essential as Scale in Green Hydrogen: Pralhad Joshi
Evolving Customer Needs Reshape India’s Aluminium Market, Says RUSAL
Delhi Airport Strengthens Global Hub Position with 160 Destinations
Home » borrowing facility