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.
India Business News: Q1: What has the Reserve Bank proposed regarding climate-related financial risks?A1: The Reserve Bank has proposed making it mandatory for banks and N.
RBI Mandates Lenders To Disclose Climate Risk For Better Risk Assessment menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Lenders need to disclose more structured information about climate-related financial risks: RBI thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
India Data Protection Updates for 2023 and Predictions for 2024 natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.