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⚡RBI Annouces Special Liquidity Facility for Mutual Funds to Ease Strains on Banks Amid COVID-19 Crisis

By Saurav Mukherjee

The RBI announced a special liquidity facility for mutual funds (SLF-MF) to ease liquidity strains on banks amid COVID-19 crisis. RBI said that it will be extended to all banks, irrespective of whether they avail funding from the RBI or deploy their own resources under the scheme.

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