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@bronsontaur RBI and other govt agencies have long been in severe delusion. Today RBI gov predicted economy to grow at 7% next year I could only laugh..

@yssa4w Liquid funds are mostly safe. At most if the situation really worsens (I mean much much worse economically than what we have now, leading to mass requirement of money by individuals -> mass redemptions) then the fund managers, to honor the redemptions coming in think and fast, may have...

@zashmaster No benefit of credit lines extended to debt mutual funds, who have been crying for it due to mass redemptions even in 2008 crisis RBI had extended credit lines to mutual funds.. Now nothing is being done. With more and more ratings actions all debt funds are going to crash hard...

@debbiezaina What derivatives?

@montse811 Your answer is in the last word - yet. This is only the starting. This rot will slowly flow from low rated papers to high rated papers, and then to govt company papers. Already over 300+ big companies have asked for loan moratoriums this includes tata power, JSW, air india group...

@montse811 You may have your opinions, but across the world mutual funds are seen as a legitimate industry indicative a country's economy and financial sector. Indian MF industry has grown leaps and bounds over the past few years. MFs crashing and burning doesnt give the economy any credibility...

He is explained how similar situation was handled in 2008.