Stop Franklin Templeton MF from using cash flow to repay bank loans: CFMA
(WorldNews Business)

The Chennai Financial Markets and Accountability, an investors protection organisation, has urged market regulator Sebi to stop Franklin Templeton Mutual Fund from repaying bank borrowings in six debt schemes that are being wound up. The fund house cannot be allowed to make priority repayment to bank borrowings from the cash flow when about 40,000...