........The temporary, three-day repo borrowing window for mutual funds will make up to Rs 25000 crore available to asset management companies at 10.25 percent interest, according to a notification issued on Wednesday. Further details will be provided at a later date, the Reserve bank of India (RBI) said. "It seems like a pro-active move on part of RBI, which should help settle some nerves. This move would help mutual funds meet their redemptions and this would also help stabilise the yields in the market," said Ganti N. Murthy, head of fixed income at Peerless Fund Management Co. Ltd..........
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