28Mar 2024
RBI MODIFIES NORMS FOR LENDERS HAVING EXPOSURE TO AIFS
Why in the news? RBI modified norms for lenders investing in Alternative Investment Funds (AIFs), focusing on provisions for downstream investments in debtor companies. About the Regulatory Changes: The Reserve Bank of India (RBI) has adjusted regulations for regulated entities (REs) regarding their investments in Alternative Investment Funds (AIFs). The new directive specifies that REs …
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