According to the RBI advisory, banks, non-banking financial companies (NBFCs), and other financial institutions like NABARD & SIDBI will not be able to make investments in any scheme of AIFs that has downstream investments directly or indirectly in a debtor company of the bank/NBFC.This implies that if the bank or NBFC currently has exposure or had previously lent at any time during the preceding __________ months to a company, they cannot invest in an AIF scheme investing in the same company.
In the middle of concerns about the circumvention of regulations by alternative investment funds (AIFs), the Reserve Bank of India (RBI) issued an advisory to banks and financial companies to curb the evergreening of loans and misuse of the AIF route.According to the RBI advisory, banks, non-banking financial companies (NBFCs), and other financial institutions like the National Bank for Agriculture and Rural Development and the Small Industries Development Bank of India (Sidbi) will not be able to make investments in any scheme of AIFs that has downstream investments directly or indirectly in a debtor company of the bank/NBFC. This implies that if the bank or NBFC currently has exposure or had previously lent at any time during the preceding 12 months to a company, they cannot invest in an AIF scheme investing in the same company.
The item "Butter" is marked up by Rs. 490 above the cost price. Subsequently, a discount is applied, resulting in a 12% profit for the entire transactio...
Ratio of MP and SP of an article is 9:6 and the article is sold at 20% profit. Find cost price of article, if the selling price is 100 more than its CP?
A, B and C enter into a partnership with capitals in the ratio 2/3 : 3/5 : 5/6 . After 8 months, A increases his share of capital by 25%. If at the end...
A dishonest seller uses a weight of 900 gms instead of 1 kg and also sells his goods at 10% more than CP. Find his approx. profit percent.
A dishonest milkman purchases some milk at Rs 20 per litre and mixes 6 litres water in it. By selling the mixture at the rate Rs 20 per litre, he earns ...
A shopkeeper made a profit of 40% by selling an article for Rs. 280. If he had sold it after allowing a discount of 15% on its selling price, then find ...
A seller marked his article 80% above the cost price and sold it after offering two successive discounts of 60% and 20% respectively. In the whole trans...
A shopkeeper sold a school bag at a profit of 60%. Had he sold the school bag at 20% profit he would have earned Rs.164 less. Find the cost price of the...
A shopkeeper purchased an article for Rs. ‘a’ and marked it 135% above its cost price and sold it after giving two successive discounts of 200 and 2...
By selling 72 articles, a loss equal to the selling price of 8 articles was incurred. What is the loss percentage?