HDFC Bank has made 100% contingent provision on its AIF book

RBI on December 19 said that regulated entities, such as banks, non-bank lenders and home financiers, cannot invest AIFs that have directly or indirectly invested in companies that have borrowed money from the lenders.

Related Keywords

India , Srinivasan Vaidyanathan , Bank On , Financial Services , Hdfc Ltd , Chief Financial Officer , Reserve Bank , Hdfc Bank , Dfc Bank Aif , Hdfc Bank Q3 , Alternative Investment Funds , If , Fbi ,