Centre seeks exemption for sovereign funds from RBI's alternate investment fund rules, sources sayThe Indian government has requested the Reserve Bank of India (RBI) to exempt sovereign funds from the tightened rules concerning investmen...
20 Jun, 2024, 12.39 PM IST
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...
21 May, 2024, 11.18 PM IST
Why it's high time to amend alternative funds regulationsSebi reports more than 40 cases, about ₹30,000 crore (around 3% of a ₹9.5 lakh crore industry), where AIFs appear to have been structured t...
08 Feb, 2024, 11.12 PM IST
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...
25 Dec, 2023, 07.02 AM IST
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...
23 Dec, 2023, 12.38 AM IST
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...
21 Dec, 2023, 12.18 PM IST
ET Explainer: Impact of RBI curbs on sweetheart deals involving lenders, borrowers and AIFsAlternative Investment Funds are privately managed funds with just a few investors, usually wealthy family offices, banks, NBFCs and other ...
21 Dec, 2023, 06.09 AM IST
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...
21 Dec, 2023, 05.38 AM IST
Sebi seeks 'commitment' from fund managers that AIFs won't be misused"I personally feel that the regulator would relook at some of restrictions once these conditions are fulfilled," said the Sebi official in ...
07 Dec, 2023, 07.39 AM IST
SEBI, RBI investigating some alternate investment funds: SourcesThe investigations could lead to increased disclosures and greater scrutiny for an investment category including private credit funds that ...
17 Oct, 2023, 12.17 PM IST
EY partner firm SRBC's audit of IL&FS compromised: NFRAIn its audit quality report (AQR), the NFRA pointed to "large scale non-compliance with professional and regulatory and legal requirements"...
23 Jun, 2022, 12.07 AM IST
Urjit Patel quit as government undermined RBI’s autonomy, says Viral Acharya in his new bookAcharya’s book is a compendium of his speeches, research and comments as member of the Monetary Policy Committee — mostly concerned with ce...
27 Jul, 2020, 09.26 AM IST
COVID-19 impact: RBI may opt for loan recast for select sectorsIn 2008 also, when the world was hit by the global financial crisis following Lehman Brothers going insolvent, the RBI had announced a one-...
29 Jun, 2020, 06.02 PM IST
Finance companies may face bank-like restrictionsRBI Gov Shaktikanta Das said that the days of ‘light touch’ regulation for NBFCs were over, indicating they will be subjected to the same r...
25 Jul, 2019, 11.58 AM IST
Here are 10 investing thumb rulesThere are financial planners and online guides to help make intelligent investment choices. There are also some financial rules of thumb th...
02 Feb, 2017, 01.41 PM IST
Exercise caution while giving loans to discoms: RBI to banksRBI has also directed banks to categorise existing loans to discoms as non-performing assets, or bad loans, which attract provisioning.
12 May, 2016, 04.13 PM IST
Banks and companies are using standby letter of credit to avert loan default, downgradeThe lender issues an SBLOC on behalf of the company, promising to pay another bank if the company fails to pay up.
11 Feb, 2014, 07.08 AM IST