Franklin Templeton Debt Fund
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After Franklin Templeton Shuts Funds, P Chidambaram Gives 2008 Example
Former finance minister P Chidambaram has asked the centre to "act promptly" to stop any cascading effect of the unprecedented closure of six debt funds by global giant Franklin Templeton.
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Blog: Templeton's Fund Fiasco - Warning Bells For India
The Modi government and the RBI will have to work in tandem and act quickly to stop this from happening. One tool could be to direct liquidity towards mutual funds at cheaper rates so that they can meet growing redemption pressure.
-
After Franklin Templeton Shuts Funds, P Chidambaram Gives 2008 Example
Former finance minister P Chidambaram has asked the centre to "act promptly" to stop any cascading effect of the unprecedented closure of six debt funds by global giant Franklin Templeton.
-
Blog: Templeton's Fund Fiasco - Warning Bells For India
The Modi government and the RBI will have to work in tandem and act quickly to stop this from happening. One tool could be to direct liquidity towards mutual funds at cheaper rates so that they can meet growing redemption pressure.
