Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
RBI moots easier investment norms in AIFs for banks, NBFCs
The Reserve Bank of India (RBI) has sought to ease norms on investments by regulated entities (REs) in Alternative Investment Funds (AIFs) by proposing revised guidelines that cap investment by REs in AIF schemes at 15%, with the contribution of a single RE capped at 10% of a scheme’s corpus.In December 2023, the RBI had barred REs from investing in AIFs that have investments in existing and recent borrowers, after the Securities and Exchange Board of India (Sebi) found instances of evergreening of loans and circumvention of other market regulations through different AIF structures.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.