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RBI relaxes alternate fund norms for lenders

RBI relaxes AIF norms by requiring provisions only for debtor company investments. Dec 2023 rules aimed to prevent 'evergreening'. Fund of funds remain unaffected. Debate on converting hybrid securities to equity for REs.

Mar 28, 2024 - 17:30
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RBI relaxes alternate fund norms for lenders
RBI relaxes AIF norms by requiring provisions only for debtor company investments. Dec 2023 rules aimed to prevent 'evergreening'. Fund of funds remain unaffected. Debate on converting hybrid securities to equity for REs.
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