Mar 28, 08:33 AM

RBI Adjusts AIF Investment Rules, Boosts Financial Stocks

The Reserve Bank of India (RBI) has made adjustments to the regulations governing investments in Alternative Investment Funds (AIFs), leading to a rally in bank and other financial stocks. These changes, which were initially notified in December, have positively impacted banks and shadow lenders in India, contributing to their rise. The specifics of the adjustments and their implications for the market are yet to be detailed.

#Reserve Bank of India #RBI #Alternative Investment Funds #India

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