DSP Mutual Fund’s Sale of DHFL Bonds and things you need to know

Non-Banking Finance Companies (NBFCs) are fire-fighting right now. In September, the going got tough for them due to a challenging macroeconomic environment (depreciating Indian rupee, tightening of liquidity conditions, heated crude oil prices, inflationary pressure, etc.). Still, the corporate debt markets did manage to save the day, thanks to the massive support that mutual funds…