RBI caps investment by a bank in AIF scheme at 10 per centReserve Bank of India (RBI) sets new rules for investments. These rules limit how much banks and NBFCs can invest in Alternative Investment...
RBI caps investment by a bank in AIF scheme at 10%The Reserve Bank on Tuesday capped contributions by a single regulated entity (RE), including banks and NBFCs, at 10 per cent of the corpus...
Sebi outlines specific due diligence of investors, investments of AIFsSebi has instructed Alternative Investment Funds to carry out due diligence on investors and investments to ensure compliance with laws and...
Exempt selectively sovereign funds, RBIRBI has also eased some of the new provisioning rules for bank and NBFC investments in AIFs. Lenders are now required to provide only for t...
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...
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...
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...
AIF Diktat: RBI may extend deadline for banks, DFIsNon-banking financial companies (NBFC), however, are unlikely to be provided any relief by the RBI, with industry sources saying the primar...
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...
Piramal to provide for AIF exposure as RBI tightens rulesPiramal Enterprises announced it would allocate funds to cover its exposure to alternate investment funds (AIFs) following the Reserve Bank...
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...
ET analysis: Is evergreening of loans evergreen?For years, 'evergreening of loans' - throwing new loans to help a stressed or delinquent borrower repay old loans - has worried the regulat...
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...
Foreign investors turn to AIFs for debt playInvestments in AIFs have risen 30 per cent this year to Rs 1.8 lakh crore.
Government, RBI to fast-track foreign inflows into Alternative Investment FundsFinance Minister Arun Jaitley announced in this year's Budget that foreign investors would also be allowed to invest in the AIFs.