Three new fund offers by Tata Mutual Fund will open for subscription on April 8. One new fund offered by Bandhan Mutual Fund will open for subscription on April 10.
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak
Uday Kotak has described India’s $130-billion-plus FCNR(B) mobilisation as a “strong insurance policy” against global shocks, but warned that repayments including interest could reach $160-170