The Reserve Bank of India (RBI) launched a ₹50,000 crore special liquidity facility aimed at supporting mutual funds amid ongoing market volatility. The move is part of the RBI's efforts to stabilize financial markets and ensure that mutual funds have adequate liquidity to manage redemption pressures. This facility will help address potential liquidity gaps, especially for bond mutual funds, which have been facing strain due to market conditions. The RBI’s proactive approach is expected to ease investor concerns in the short term and help stabilize the financial system.