Ceiling on IPO Funding Current Affairs, GK & News

RBI caps NBFC IPO Funding

The Reserve Bank of India (RBI) announced a scale-based regulation of non-banking finance companies on October 22, 2021. Key Points RBI’s regulation also comprises of a ceiling on IPO funding per borrower and changes in minimum net owned fund, capital requirements and classification of non-performing assets. Under the new framework, RBI has kept a ceiling ..