Tag: Core Investment Companies
Posted in Economy
RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
Mumbai: The Reserve Bank’s recently released draft on upper layer non-bank finance companies (NBFCs) impacts core investment companies “disproportionately” by upping compliance costs, a report…
Posted in Economy
RBI’s ‘core company’ tag puts many promoter entities in a quandary
Mumbai: Many corporate groups are caught in a bind over a Reserve Bank of India (RBI) rule on their holding and strategic investment companies. While…