Uma Shashikant on Fri, Jul 2nd, 2010 10:41:58 pm
Yes Shiraj and Sumeet,the implementation has been postponed to August 31. What is interesting is that ultra short term funds now hold nothing in treasury bills - the only instruments that trade. The CPs, CDs and the PTCs that they hold do not trade anyway.
Shiraj on Fri, Jul 2nd, 2010 12:15:06 am
Hasn't this rule got postponed to 31st August 2010?
Sumeet Vaid on Thu, Jul 1st, 2010 4:10:53 pm
Great Piece as expected kudos keep it up .Just wanted to clarify has this deadline been relaxed to 1st august or is today I heard/read it somewhere.
Dronacharya Basu on Thu, Jul 1st, 2010 2:14:15 pm
aptly said Uma, probably some more transparency will come in-how funds are run and barring the initial hiccups, i presume, industry will evolve much stronger.