Economy
RBI plans curbs on private equity firms controlling stakes in multiple non-bank lenders: Report
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The Reserve Bank of India is reportedly planning to introduce regulations to limit private equity (PE) firms from acquiring controlling stakes in multiple Non-Banking Financial Companies (NBFCs). The move aims to mitigate systemic risk and prevent a potential contagion effect where financial stress in one entity could cascade through interconnected financial institutions.
Source: Economic TimesRead the full story →