AIF Diktat: RBI may extend deadline for banks, DFIs : vimars

AIF Diktat: RBI may extend deadline for banks, DFIs

Non-banking financial companies (NBFC), however, are unlikely to be provided any relief by the RBI, with industry sources saying the primary goal of the original directive was to de-risk AIF exposures of NBFCs with downstream loan relationships with AIF beneficiaries, and prevent potential evergreening of doubtful advances to struggling corporates.

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