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Blog

Jan20

NBFCS HAD OBJECTED TO RBI RULES ON AUDITOR CHANGE, CALLED FOR EXPERT PANEL

Non-banking finance companies (NBFC) had opposed the RBI move on changing auditors' mid-way in the financial year, and had asked the central bank to set up an expert committee instead, with representations from NBFCs and audit firms before coming with…

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Jan20

SPONSOR INVESTMENTS IN IFSC AIFS TO COME UNDER THE AUTOMATIC ROUTE

The Reserve Bank of India (RBI) has allowed sponsor investments by Indian entities in alternative investment funds (AIFs) set up in an overseas jurisdiction or in an International Financial Services Centre (IFSC) in India to come through the automatic route.…

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