Browsing: Banks

Effective January 1, RBI requires regulated entities in co-lending to retain 10% of each loan on books, cap default loss guarantee at 5%, and align asset classification between partners

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said

Tie-up to offer IPPB customers access to personal, business and property loans through ABCL’s digital platform

The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a scheme.

The Reserve Bank of India (RBI) has sought details on the supply-chain finance offerings of…