Piramal & Edelweiss Face RBI Crackdown: NBFCs’ Loan Evergreening via AIFs Exposed! Shocking Revelations Inside!2023
Industry pundits concur that the recent regulatory mandate will compel NBFCs to make provisions, given the intricate process of divesting from AIF investments within the stipulated timeframe. The collective investment in AIFs by entities overseen by the RBI approximates Rs 15,000 crore. Notable participants in this sphere include Piramal Enterprises, Edelweiss, and Indiabulls, as per … Read more