Live Breaking News & Updates on Aif exposure

Stay informed with the latest breaking news from Aif exposure on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Aif exposure and stay connected to the pulse of your community

AIF exposure: Piramal Enterprises to provision for AIF exposure as RBI tightens rules

India's Piramal Enterprises plans to set aside provisions for certain exposures to investments in alternate investment fund (AIF) units, following the Reserve Bank of India's tightening rules. The RBI has barred all entities from investing in AIFs with borrowers in the past 12 months. As of November 30, Piramal's AIF investments were valued at Rs 38.17 billion.

India , Piramal-enterprises , Bank-on-india , Reserve-bank , Piramal-capital , Housing-finance , Aif-exposure , Aif , Piramal , Alternate-investment-fund ,

Piramal Ent AIF exposure: Piramal to provide for AIF exposure as RBI tightens rules

Piramal Enterprises announced it would allocate funds to cover its exposure to alternate investment funds (AIFs) following the Reserve Bank of India's (RBI) recent tightening of rules on such holdings. The RBI prohibited entities under its regulation, including banks and non-banking finance companies, from investing in AIFs with investments in borrowers in the past 12 months.

India , India-piramal-enterprises , Piramal-enterprises , Reserve-bank , Piramal-capital , Housing-finance , Piramal-ent-aif-exposure , Aif-exposure , Investments , Alternate-investment-fund , Piramal