The solution is to deepen India's bond markets to free the NBFCs from excessive dependence on banks, and make the occasional failures (IL&FS, DHFL) less traumatic for the banking system

Over 90 per cent of the unitholders voted for winding up of six debt schemes of Franklin Templeton Mutual Fund for which electronic voting took place between December 26-28, 2020

During the last fortnight from December 16-31, 2020, the six wound up schemes received cash inflows worth Rs 1,213 crore. This saw FISTIP become cash positive during the period

Taruvai Subayya Krishnamurthy has served as the 13th Chief Election Commissioner of India from February 2004 to May 2005. During his tenure, he oversaw 2004 Lok Sabha elections

The equity mutual fund segment saw a net outflow of Rs 13,140 crore compared to Rs 2,725 crore in October. However, overall assets under management (AUM) of the mutual fund industry hit a record high of Rs 30 lakh crore

Trustee has partnered with 'K Fintech for electronic voting process and unitholders meeting to seek their content. Voting will take place on December 26-28 and  meeting of unitholders of relevant schemes on December 29

During the September quarter, equity-oriented mutual funds witnessed an outflow of over Rs 7,200 crore and also there was a drop in inflow from the systematic investment plan (SIP) folios

Four cash positive wound up Franklin Templeton schemes - FIUBF,FIDA,FILDF and FICRF - have 40 per cent, 19 per cent, 19 per cent and 9 per cent of their AUM available as cash, respectively

The four shuttered debt schemes of Franklin Templeton Mutual Fund (FT MF) witnessed a default from Rivaaz Trade Ventures (RTVL), a Future group entity

SEBI has not granted any permission to Franklin Templeton Mutual Fund to wind up its six debt schemes, reveals a RTI query

During the quarter under review, Rs 1.1 lakh crore came from debt funds, Rs 20,930 crore from arbitrage funds and Rs 11,730 crore from equity-oriented schemes

As per the data, inflows into debt mutual funds were at Rs 1.1 lakh crore in the three months ended June, compared to outflows of Rs 1.13 lakh crore in the January-March quarter

Franklin Templeton shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market

There are six schemes, Franklin India Ultra Short Bond Fund, Franklin India Low Duration, Franklin India Short Term Income Plan, Franklin India Credit Risk Fund, Franklin India Dynamic Accrual Fund, and Franklin India Income Opportunities Fund,that had made investments in Vodafone Idea

The advisory committee is mandated to advise Sebi on issues related to regulation and development of mutual fund industry

\"The move by SEBI & RBI jointly to extend a liquidity window to mutual funds helped build confidence in the system, though not much use was made of the window,\" an Indian Chamber of Commerce statement quoted SEBI whole-time director G Mahalingam as saying

With the post-lockdown economy still to pick up, highly leveraged companies are looking at ways to reduce debt

After a decade's worst monthly decline in March, markets bounced back in April with a gain of 14.4 per cent but remained in a consolidation mode in May as the Sensex declined nearly 4 per cent

Franklin Templeton's e-vote was scheduled to be held from June 9 to June 11, while the unit holders' meet was slated to happen on June 12, 2020

From the NBFC liquidity crisis in 2018 to collapse of six Franklin Templeton schemes, debt funds are no longer considered safe