RBI tightens norms for banks, NBFCs investing in Alternative Investment Funds

The RBI bars regulated entities including banks, non-banking finance companies, and HFCs from investing in any scheme of AIFs that have downstream investments in a debtor company of the entity

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.