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Indian central bank opens new money tap for local private equity funds

By Joseph Rai

  • 26 Sep 2017
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Indian central bank opens new money tap for local private equity funds
Credit: Shah Junaid/VCCircle

The Alternative Investment Fund (AIF) industry in India is likely to see a surge in capital flow after the central bank allowed banks to invest in private equity and credit funds.The Reserve Bank of India (RBI), in a circular late Monday, permitted banks to invest up to 10% of the ......

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