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Why Loan Moratorium May Be A Problem For Mutual Funds
Why mutual funds may not be in a position to restructure debt instruments amid Covid-19 outbreak.
03 Apr 2020, 02:20 PM IST
Even as the market regulator eased norms for rating agencies amid disruptions caused by the coronavirus outbreak, mutual funds may not be in a position to restructure any debt instruments.The Securities and Exchange Board of India asked credit rating agencies to provide temporary relaxation in rating a default if it’s caused because of the lockdown or a loan moratorium granted.But SEBI guidelines are not clear, a senior executive at ...
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