News & Media 15th Feb 2024

RBI may relax evergreening rules for strategically important AIFs

Authors

Vinod Joseph Partner | Mumbai

Latest Thought Leadership

News & Media 25th Jun 2024

Misleading Ads: Ambiguous Self-Declaration Rules Leave Advertisers in Compliance Limbo

Read More
News & Media 25th Jun 2024

Budget 2024 expectations: Will the government increase Section 80C limit

Read More
News & Media 25th Jun 2024

MC Exclusive: FSSAI calls for strict compliance of food safety protocols after alarming contamination reports

Read More
News & Media 25th Jun 2024

Budget 2024: AIFs seek tax parity with FPIs

Read More

The Reserve Bank of India may create a carve-out for strategically important funds from the restrictions imposed by the evergreening circular issued in December. This may include NIIF funds, SIDBI Fund of Funds, SBICap Venture’s Self Reliant India Fund (SRI) and SWAMIH Investment Fund (SIF) and any new funds that the government may launch in the future or considered as “strategically important”.

Ashley C. from businessline writes on “RBI may relax evergreening rules for strategically important AIFs” with insights from our Partner Vinod Joseph.

The article can be read here