RBI
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ARC can be exempted from the cap of 26% shareholding of post converted equity of borrower company
RBI outlines the conditions for Asset Reconstruction Companies (ARCs) to get exemption from the limit of shareholding at 26% of…
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RBI to specify business of Peer to Peer lending under NBFCs.
RBI clarifies that ‘business of peer to peer lending (P2P loan) would be treated as Non-Banking Financial Company (‘NBFCs’). Hence,…
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