AMFI’s guidelines to MFs will be subject to individual assessment, says Aditya Birla Sun Life AMC
Updated : May 07, 2019 10:28 AM IST
AMFI has asked mutual funds to set aside 50 percent of loans against shares as provisioning, according to various media reports
The guidelines are for valuing assets on credit rating change, said A Balasubramania
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more