https://www.taxtmi.com/news?id=13225 Guidelines require CPSE surplus fund investments to prioritise safety, avoid speculative yield-seeking, apply sound commercial judgment, and restrict maturities to one year; Navratna and Miniratna CPSEs may allocate a limited portion to SEBI-regulated public sector mutual funds while a majority of surplus funds are to be placed with public sector banks and competitive bidding for bulk deposits is to be de-emphasised. en-us Mon, 04 Aug 2014 17:43:54 +0530 Mon, 04 Aug 2014 17:43:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13225 Guidelines require CPSE surplus fund investments to prioritise safety, avoid speculative yield-seeking, apply sound commercial judgment, and restrict maturities to one year; Navratna and Miniratna CPSEs may allocate a limited portion to SEBI-regulated public sector mutual funds while a majority of surplus funds are to be placed with public sector banks and competitive bidding for bulk deposits is to be de-emphasised. News - Mon, 04 Aug 2014 17:43:54 +0530 https://www.taxtmi.com/news?id=13225