The Supreme Court on Friday (May 17) issued notice on a petition filed by the Reserve Bank of India challenging the amalgamation of the Malappuram District Cooperative Bank in Kerala with the Kerala.
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.
Aparna Choudhrie Kala vs Vaibhav Kala on 15 February, 2024 indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.
The Reserve Bank of India has issued orders to Bajaj Finance, asking the company to stop the disbursal and sanction of loans under two of its lending products with immediate effect. What are the orders and what could be the reason?