New Delhi: Former Finance Minister P Chidambaram on Monday, April 27 lauded the RBI's prompt action in announcing a Rs 50,000 crore special liquidity facility for mutual funds. The Reserve Bank of India on Monday announced a Rs 50,000 crore special liquidity facility for mutual funds, days after Franklin Templeton Mutual Fund decided to close six debt schemes. "I welcome the RBI's announcement of a Rs 50,000 crore special liquidity facility for Mutual Funds. I am glad that RBI has taken note of the concerns expressed two days ago and requesting prompt action," the Congress leader said on Twitter.
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