RBI releases a circular that restricts banks and NBFCs from investing in certain funds. Primary reason: to stop the "evergreening" of loans. But there's more than meets the eye..
A fun article for finance enthusiasts that want an insight into how the RBI regulates the banking industry
How to annoy fund managers with bank investors
https://boringmoney.in/p/rbi-wants-banks-to-ditch-some-funds?utm_source=grapevine&utm_medium=social&utm_campaign=rbi+bank+ditch+funds
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All the nbfc lending/p2p company folks - brace up
We all are in this together, this too shall pass! For better understanding - Tap here
P2P lending allows individuals to lend to others through RBI-regulated non-banking financial companies (NBFC) platforms by matching lenders ...
https://www.businesstoday.in/personal-finance/news/story/rbi-curb-on-p2p-platforms-offering-early-withdrawal-products-what-it-means-and-who-gets-impacted-442026-2024-08-19