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..
Link: https://boringmoney.in/p/rbi-wants-banks-to-ditch-some-funds
Summary:
- RBI released a circular towards the end of last month which prohibited banks, NBFCs and other financial institutions from lending to companies that have re...