25 Mutual Funds With Rs 2700 Crore Of Ilfs Bonds Take A Hit | Latest News RSS feed

25 Mutual Funds With Rs 2700 Crore Of Ilfs Bonds Take A Hit - Latest News

IL&FS fallout: AMFI asks SEBI to allow side-pocketing in debt funds

Side-pocketing is an accounting process which helps protect small investors from being hit by sudden ... as and when IL&FS pays back. The entire mutual fund industry held papers of IL&FS worth Rs 2,70... read more

IL&FS debt rating cut to hit MFs

MUMBAI: The ratings downgrade of loans and bonds of infrastructure financing firm IL&FS by ICRA will hit the net asset values (NAVs) of debt mutual funds this week. It is estimated that MFs hold about ... read more

IL&FS needs a helping hand from banks to overcome fund crisis

IL&FS, with close to Rs 90,000 crore debt through a maze of ... and Care downgraded several of the group’s bonds and commercial papers (CP) by several notches, creating panic in the bond market. Mutua... read more

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Why infrastructure firm IL&FS is at the centre of a crisis facing India’s financial markets

A downgrade in the credit rating sends the bond’s price down, which affects debt funds ... Rs 30,000 crore which is one-third of its total, but the process can take over a year. The Reserve Bank of In... read more

Finance ministry urges RBI to take steps to ease liquidity, tackle credit crunch

The RBI could also explore buying more bonds from the open market and open a special window for mutual funds to inject liquidity ... Life Insurance Corp (LIC), which owns some 25 percent of IL&FS, als... read more

AMFI to Sebi: Allow ‘side pocketing’ in debt funds

MUMBAI: Mutual fund industry ... run (giving leeway to fund managers to take extra risks). When IL&FS defaulted on one of its bonds for the first time, the MF industry together was holding its papers ... read more

Saving Deccan Chronicle

About Rs 100 crore from IL&FS, Rs 400 crore from Canara Bank and Rs 550 crore from Andhra Bank. They came with various names—working capital advances, credit facilities, term loans, non-convertible de... read more

Bandhan Bank Limited Q2 FY19 Earnings Conference Call

We will take the next question from the line of Supratim Basu from Americorp Capital. Please go ahead. Supratim Basu: If you could just talk a little bit about the IL&FS exposure of Rs.388 crores ... ... read more

India struggles to soothe markets as liquidity concerns grow

"The recent tightness of liquidity in the corporate bond markets indicate a contagion effect may be playing out following the default by IL&FS," said ... said the mutual fund head. "The market has ent... read more

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