Article
RBI Issues Draft Directions On Investments In AIFs By REs (Including Banks And NBFCs)
Investments by REs in AIFs is currently governed by the circular bearing no. DOR.STR.REC.58/21.04.048/2023-24 dated December 19, 2023 ("Original Circular"), read with the clarifications issued in relation to the Original Circular vide circular bearing no. DOR.STR.REC.85/21.04.048/2023-24 dated March 27, 2024 ("Clarification Circular").

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