The Reserve Bank of India has proposed new guidelines capping regulated entities’ (RE) investments in Alternative Investment Funds (AIFs) at 15% of total lender investment. While unrestricted investments up to 5% of an AIF’s corpus are permitted, exceeding this limit and having downstream debt exposure triggers a 100% provisioning requirement.
Morgan Stanley, Citigroup, 6 others buy 1.6% stake in Delhivery for Rs 461 crore
Morgan Stanley, Citigroup Global Markets Singapore and six other entities on Thursday bought a 1.6 per cent stake in logistics solution provider Delhivery for Rs