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RBI tweaks rules about investment in alternative investment funds

In December 2023, the RBI had restricted banks and NBFCs from investing in AIFs, which have downstream investments in debtor companies. It said if banks or NBFCs had investments in AIFs, they were given 30 days to liquidate their holdings or make 100% provisions against them.

RBI imposes monetary penalty on Bajaj Housing Finance Limited for non-compliance with provisions

RBI imposes monetary penalty on Bajaj Housing Finance Limited for non-compliance with provisions
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

RBI imposes monetary penalty on Bajaj Housing Finance Limited for non-compliance with provisions

RBI imposes monetary penalty on Bajaj Housing Finance Limited for non-compliance with provisions
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Business News | RBI Imposes Monetary Penalty on Bajaj Housing Finance Limited for Non-compliance with Provisions

Get latest articles and stories on Business at LatestLY. The Reserve Bank of India has imposed a monetary penalty of Rs 5 lakh on Bajaj Housing Finance Limited, Pune for non-compliance with certain provisions. Business News | RBI Imposes Monetary Penalty on Bajaj Housing Finance Limited for Non-compliance with Provisions.

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