SEBI Allows Mutual Funds To Launch Passively Managed ELSS
Capital markets regulator Sebi on Monday allowed mutual funds to launch passively managedEquity-Linked Savings Schemes (ELSS).
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Capital markets regulator Sebi on Monday allowed mutual funds to launch passively managedEquity-Linked Savings Schemes (ELSS).
The Reserve Bank of India’s monetary policy outcome was less about rates and more about the policy language, rate stance, forward guidance and liquidity infusion through the Government Securities Acquisition Programme (GSAP). The stance remained unchanged while the forward guidance continued to be unequivocally dovish. To nurture its revised state-based forward guidance, the Monetary Policy Committee (MPC) added the word ‘revive’ to acknowledge the scar of the second wave of the Covid-19 pandemic while continuing with its accommodative stance of sustaining growth on a durable basis. Als...
RBI Governor Shaktikanta Das. File | Photo Credit: The Hindu “The specific dates and securities under G-SAP 2.0 operations will be indicated separately,” RBI Governor Shaktikanta Das said. The Reserve Bank of India (RBI) has decided to conduct another operation under G-SAP 1.0 for purchase of G-Secs of ₹40,000 crore on June 17, 2021. Of this, ₹10,000 crore would constitute purchase of State Development Loans (SDLs). It has also been decided to undertake G-SAP 2.0 in Q2:2021-22 and conduct secondary market purchase operations of ₹1.20 lakh crore to support the market. “The spec...
The weighted average cost of borrowing for State governments across States and tenures was 6.86%, 12 basis points higher than last week, the ratings firm CARE Ratings said
The FPI investment limit in the debt instruments for October 2021 - March 2022 period is Rs 10,75,637 crore.