November 12, 2024 11:43 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
UK PM approves world's second 6th-gen stealth fighter aircraft developed to counter Russia, China | Russian Deputy PM Denis Manturov calls on PM Modi, discusses strategic partnership | Karnataka Minister sparks row with racist remark against HD Kumaraswamy | BJP urges EC to 'reprimand, censure' Rahul Gandhi for spreading 'lies' in Maharashtra poll campaign | 10 suspected Kuki insurgents killed in encounter with security forces in Manipur's Jibram, curfew imposed

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.