RBI Plans New Rules To Restrict Private Equity Control In Multiple NBFCs, May Ease Scrutiny On Stakes Up To 15%
The Reserve Bank of India (RBI) is reportedly preparing regulations that could prevent private equity firms from holding controlling stakes in more than one non-banking financial company (NBFC). According to a report by Reuters, the proposed restrictions aim to prevent financial difficulties at a global investment firm from affecting multiple Indian lenders. The central bank is also considering…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
