SEBI mandates stricter due diligence for alternative investment funds
Both the Reserve Bank of India and SEBI have expressed concerns over instances of AIFs being used to “evergreen” bad loans. The RBI has also publicly warned against the practice, which refers to new loans given to stressed borrowers to enable them to repay existing loans.
Both the Reserve Bank of India and SEBI have expressed concerns over instances of AIFs being used to “evergreen” bad loans. The RBI has also publicly warned against the practice, which refers to new loans given to stressed borrowers to enable them to repay existing loans.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.