December 13, 2024 00:49 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess | Devendra Fadnavis meets PM Modi amid suspense over Maharashtra portfolio allocation | Congress wants to deviate the issue of Sonia Gandhi-George Soros link: JP Nadda | Bengaluru techie suicide: Atul Subhash's family demanded Rs. 10 lakh as dowry leading to my father's death, claims estranged wife | Syria rebels torch tomb of ousted president Bashar al-Assad's father | Donald Trump vows to eliminate birthright citizenship after taking charge | No alliance with Congress in Delhi polls: AAP chief Arvind Kejriwal
RBI prohibits lenders from investing in AIFs linked to their borrowers

RBI prohibits lenders from investing in AIFs linked to their borrowers

Dec 20, 2023, at 03:20 am

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.

Govt sets up 25,000 cr AIF to revive the struggling realty sector in India

Govt sets up 25,000 cr AIF to revive the struggling realty sector in India

Nov 07, 2019, at 01:23 am

New Delhi/UNI/IBNS: The Union Cabinet on Wednesday approved setting up of a fund in which the government would infuse up to Rs 10,000 crore while Life Insurance Corporation(LIC) and State Bank of India would jointly contribute Rs 15,000 crore to help revive the struggling realty sector, informed Union Finance Minister Nirmala Sitharaman.