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Alternative Investment Funds (AIF) | Piramal Enterprises to provision for alternative investment funds exposure as Reserve Bank of India tightens rules

The Ajay Piramal group firm, an NBFC regulated by the RBI, on Thursday disclosed that it along with the housing arm Piramal Capital & Housing Finance Ltd has investments in AIF units valued at Rs 3,817 crore as of November 30, 2023

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