Asset Management Company

A bankers’ panel is working on faster resolution of stressed assets in public sector banks. The new concept will, they claim, help resolve the problem of large bad loans.

Delhi High Court on Monday issued notice to the Trustee and Asset Management Company of Franklin Templeton Mutual Fund and SEBI on the plea of writ petitioner Amruta Garg, challenging the Winding Up notice to close its 6 debt funds.