Conduct stress test regularly on money market schemes: Sebi to MFs
To safeguard mutual fund industry from possible defaults, market regulator Sebi on Thursday asked them to conduct stress test on all liquid and money market schemes every month.
Apr 30, 2015, 18:03 PM IST
SEBI asks asset managers to set up monthly stress tests
The Securities and Exchange Board of India (SEBI) on Thursday asked asset managers to conduct monthly stress tests on their liquid and money market mutual funds in a bid to improve risk management across the sector.
Apr 30, 2015, 16:24 PM IST
US stocks lifted by financials as dollar pauses
Wall Street stocks opened higher Thursday after big US banks cleared Federal Reserve stress tests and the dollar retreated from a 12-year high.
Mar 12, 2015, 21:07 PM IST
