The Reserve Bank of India (RBI) is tightening regulations for private equity and venture capital funds invested in non-banking finance companies (NBFCs). The RBI is pushing for ‘observers’ appointed by these funds to become directors, holding them accountable for governance and preventing potential liabilities from frauds or misconduct. The Reserve Bank of India (RBI) is tightening regulations for private equity and venture capital funds invested in non-banking finance companies (NBFCs). The RBI is pushing for ‘observers’ appointed by these funds to become directors, holding them accountable for governance and preventing potential liabilities from frauds or misconduct. Economic Times
Headlines
