Conditions for the stressed debt funds have stabilised, says RBI

Conditions for the stressed debt funds have stabilised, says RBI
“Mutual funds have stabilised since the Franklin Templeton episode. Assets under management of debt mutual funds, which fell to Rs 12.20 lakh crore as on April 29, 2020, recovered and improved to Rs 13.89 lakh crore as on July 31, 2020,” said Shaktikanta Das, Governor, RBI.