July 27, 2024 11:21 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Paris Olympics: Lady Gaga rocks opening ceremony with her jaw-dropping act | Rahul Gandhi stops at a cobbler's shop on his way back to Lucknow | Priyanka Gandhi rips into Israeli govt over war on Gaza, says 'their actions are unacceptable' | Barack Obama endorses Kamala Harris for US Presidency | France: Rail network hit by 'malicious' arson attacks ahead of Paris Olympics
RBI prohibits lenders from investing in AIFs linked to their borrowers

RBI prohibits lenders from investing in AIFs linked to their borrowers

Mumbai: The Reserve Bank of India (RBI) on Tuesday said that entities under its regulation, including banks, non-bank lenders, and home financiers, are prohibited from investing in alternative investment funds (AIFs) that have, either directly or indirectly, invested in companies that have borrowed funds from these lenders.