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India s Piramal Enterprises posts Q4 profit on reversal of AIF provisions

India s Piramal Enterprises posts Q4 profit on reversal of AIF provisions
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India s Piramal Enterprises swings to loss in Q3

India s Piramal Enterprises on Monday swung to a net loss in the fiscal third quarter as it set aside more capital as provisions for its exposure to alternate investment funds..

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

India's Piramal Enterprises said on Thursday that it will set aside provisions for certain exposures to investments in alternate investment fund (AIF) units, two days ..

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.

Piramal to provision for AIF exposure as RBI tightens rules

Piramal to provision for AIF exposure as RBI tightens rules
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