Funds Instructor

Last week US-based Franklin Templeton Mutual Funds close its six debt schemes. And the Reserve Bank of India on Monday 27th of April 2020 has announced a ₹ 50,000 crore special liquidity facility for Mutual Funds among heightened volatility in Capital Markets in reaction to COVID-19.

On Monday 27th of April 2020 through a notification Government of India has established the International Financial Services Central Authority (IFSCA) and the headquarter will be established in Gandhinagar, Gujarat.

Bankers want government guarantee to Micro, Small & Medium Enterprises (MSMEs) for all incremental loans, and also on up to 20% of new asset purchases from NBL (Non- Banking Lenders).

According to the provisions of the Depositories Act, there are various services are provided by NSDL to brokers, banks, investors, stock exchanges, and security issuers participants in the Indian Financial Market.

Depository Participants (DP): An investor enjoy services of NSDL through the Depository Participant (DP) of NSDL. Banks, financial institutions, brokers, custodians, and any other intermediary are some examples of NSDL which are appointed as per SEBI (Depository Participant) Regulations 2018.

RBI Governor Shaktikanta Das held a meeting with the heads of public and private sector banks on Saturday 2nd of May, 2020 in two different sessions through video conference to discuss on the various issues to reduce the stress in the financial system among the pandemic of corona-virus and review of the current economic situation were also discussed.

Due to the extension of lockdown in India for two more weeks, RBI Governor met NBFCs, Micro Finance Institutions, and Mutual Funds industry representatives in two separate meetings on Monday through the video conference.

The National Bank for Agriculture and Rural Development (NABARD) on Tuesday 5th May, 2020 has disbursed ₹ 12,767 crore to State Cooperative Banks and Regional Rural Banks (RRBs) for on-lending to farmers.

India’s 2nd largest public sector lender Punjab National Bank conducts a live webinar on Wednesday 6th May 2020. The title of the webinar was ‘Mega MSME Outreach’.

There is a large section of the social struggles through the nationwide lockdown. Indian Finance Minister Nirmala Sitharaman announced a package to protect poor peoples from the impact of the lockdown due to corona-virus.

On Thursday 7th May 2020, SBI India’s largest public-sector lender announced a 0.15% reduction in its lending charges across all tenors.

As per the MD Dinesh Khara on Tuesday “India’s Largest public sector lender SBI has decided to extend the Reserve Bank of India approved moratorium to the cash-stopped NBFC to help them tide over the crisis.”

As per the Interim Budget announcement in 2014 to create one record for all financial assets of every individual SEBI had been a big discussion with the Depositories, Registrar and Transfer Agents (RTA) and the Association of Mutual Funds in India (AMFI) to implement the above concept for financial assets in respect of securities market.

Maintaining that the mixed fiscal deficit of the Centre and states may go up to 13% to 14% this fiscal, On Sunday former RBI Governor Duvvuri Subbarao introduce the economic stimulus announced by the Centre on March 26 on account of lockdown to include the spread of COVID-19, is “not sufficient”.

In the modern era and age, it is essential to maintain financial stability which has become quite difficult for everyone.

The Micro Small & Medium Enterprises (MSMEs) are defined in India under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. It was established to promote, facilitate, and develop the businesses of the micro, small and medium enterprises.

On Tuesday 12th May, 2020 Indian PM Narender Modi said that “the country should view the corona-virus crisis as an opportunity to achieve economic self-reliance.”

On Thursday The Finance Minister Nirmala Sitharaman announces the second tranche of India’s ₹ 20 lakh crore COVID-19 relief package, with a focus on migrant workers, farmers, and urban poor.

On Saturday 16th May 2020 the Union Finance Minister Nirmala Sitharaman’s announced the 4th tranche of Atma Nirbhar Bharat Abhiyan.

The Labour and Employment Ministry issued a notification in a news circular on the 17th of April 2020 against the backdrop of the COVID-19 pandemic outbreak which has significantly impacted economic activity.

Infected cases are increased day by day around the whole world in the pandemic outbreak of COVID-19. Where corona-virus has been the impact on every sector in the economy while another side it has also affecting digital payment.

When an investor wants to invest in the stock market. They need to open a Demat account in any Depository Participants (DPs) which is registered under CDSL and NSDL (Two depositories service provider in India which are registered with SEBI).

Where the corona-virus destroyed everything such as human life and business etc. then the news arise on Tuesday that the crude oil prices had fallen below zero first time since 1986 in history.

An atypical lockdown due to the COVID-19 pandemic outbreak and as the call to stay at home may affect the country’s demand and supply of LPG and CNG.

With the increasing health issues globally, no one can know what happen with them in the future. In which road accidents, health issues, and many more common death issues. Therefore, it’s essential to secure your family’s financial future in your absence.