The central bank also said the collective contribution of all such entities in any AIF should not cross 20% of the corpus.

The rupee declined to over four-month low level and closed 21 paise weaker at 86.91 against the US dollar on Tuesday, weighed down by a jump in the American currency index and a surge in crude oil ...

RBI relaxes norms on lenders' investments in AIF schemes, allowing up to 20% corpus investment, strengthening internal ...

The fraud targeted farmers, unemployed youth and daily wage workers. Naidu was apprehended by CID officials from Amaravati, ...

Unclaimed deposits in Indian banks reach ₹52,174 crore. RBI`s UDGAM portal helps users locate and claim these funds ...

This development comes as a relief for JSW Steel, providing it one final legal opportunity to retain control of BPSL—a ...

Indian equities snapped a three-day losing streak on Tuesday, with the benchmark indices climbing as value buying in ...

The Reserve Bank of India has set a 10% investment cap for regulated entities in any Alternative Investment Fund scheme, with ...

The Reserve Bank on Tuesday capped contributions by a single regulated entity (RE), including banks and NBFCs, at 10 per cent ...

Indian equity benchmarks are poised for a subdued opening on Tuesday, with the GIFT Nifty trading 0.13% lower at 24,676 in ...

Deputy Governor warns of unethical practices in banking, emphasizes need for ethical growth strategies and effective resource ...

Reserve Bank of India (RBI) limits a single bank's investment in an Alternative Investment Fund (AIF) scheme to 10% of the ...