Business Standard

Uti Faces Rs 11,000 Crore Liquidity Gap

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BUSINESS STANDARD

The Unit Trust of India (UTI) is likely to face an aggregated asset-liability mismatch of Rs 11,000 crore in the coming three years, while paying off its assured-return monthly income plans (MIPs). This is apart from the shortfall in the maturity value from the assured redemption value of the 13 MIP schemes that come up for redemption between April 2002 and March 2005.

While the UTI brass has been focusing on meeting the difference between the assured value and the net current value of the investments

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First Published: Apr 29 2002 | 12:00 AM IST

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