India: RBI Tightens Norms For Banks And NBFCs Investing In AIFs To Address Concerns Relating To Evergreening - Argus Partners
Thursday, 4 April 2024
The Reserve Bank of India on December 19, 2023, has issued a notification tightening norms for regulated entities (banks, non-banking financial companies, housing finance companies etc.) ("Regulated Entities") investing in alternative investment funds ("AIF").
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