Searched for
AIF CIRCULAR CONCERNS
SC asks Mahua Moitra to urge SEBI for greater transparency in financial marketsThe Supreme Court has directed Mahua Moitra to approach SEBI for seeking transparency in financial markets by mandating public disclosure o...
SC disposes Mahua Moitra's plea on transparency in financial markets, asks her to make representation to SEBIThe Supreme Court will hear MP Mahua Moitra's petition today, which seeks to enhance transparency and investor awareness in India's financi...
View: Fund pool, more AIFs than butsIn 2015, when investment in AIFs was made permissible under the automatic route, rules on indirect foreign investment were also recalibrate...
Alternative Investment Funds: Better late than neverUnlike the earlier circular, which provided that in case of exposure to AIFs with subordinate units, the entire provisioning may have to be...
AIFs want to know extent of exclusion for equity play nowOn Wednesday, the Reserve Bank of India (RBI) allowed banks and NBFCs to exclude AIF investments in equity shares of their debtor companies...
RBI gives banks and NBFCs a breather on AIF investmentsThe RBI has said that provisioning will be required only to the extent of the RE's investment in the AIF scheme that is further invested in...
RBI issues advisory on banks' investments in alternative investment fundsBanks need to only set aside provisions to the extent of their investment in the AIF scheme which is further invested by the AIF in the deb...
AIFs reject early exit pleas from banks, plan for 'defaults'AIFs in India are rejecting 'early exit' requests from banks and finance companies due to new rules. They are now considering how to handle...
Get lenders dressing up loans to cut exposure, AIFs tell RBIThese are among the key proposals made by the fund industry body in its representation to the Reserve Bank of India (RBI) in the wake of th...
Policymakers open to looking into AIF circular concernsThe Indian Venture and Alternate Capital Association (IVCA) lobby group has approached the government, concerned that the measure will impa...
Piramal Enterprises shares tank 13% in 2 sessions on RBI's AIF diktatPEL and its housing finance arm Piramal Capital & Housing Finance had a combined exposure of Rs 3,817 crore in AIFs as of November 30, 2023...
Decoded: RBI attacks possible evergreening of NPAs by lenders via the AIF routeRBI has noticed investments by regulated institutions (REs including Banks, NBFCs, and FIs) in AIFs, who have also funded companies that ha...
NBFCs tank 5-10% on tighter AIF normsShares of NBFCs, like Piramal Enterprises, Indiabulls Housing Finance, and Edelweiss Financial Services, fell 5-10% on Wednesday. The Nifty...
Tighter norms for investment by banks in AIFsHFCs could see some pressure to either divest or fully provide for some assets as some of them have investments in AIFs, and those funds ha...
Investors welcome dropping of ‘India connect’ on overseas investment, look forward to re-opening of ODI limitThe SEBI circular dated August 17 states that desi PE-VC funds are permitted to invest in foreign companies sans an Indian connect. Since O...
AIFs may face regulatory issues over ‘foreign’ investment panelsPresence of foreign investors in committees could be seen as ‘control’, triggering different rules
Retro tax shocks private equity funds, investors may stay awayMove has irked private equity industry, which is concerned that this rule, which has been applied retrospectively, will reduce its populari...