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The RBI's move is aimed at stopping banks and NBFCs from using the AIF channel as a way to artificially sustain or extend the life of their loans
Banking

RBI tightens rules for banks, NBFCs’ investments in Alternate Investment Funds

PGurus Newsdesk - 0
RBI shares guidelines on AIFs investments for lenders On Tuesday, the Reserve Bank of India (RBI) barred regulated entities (REs) such as banks and non-banking...

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