RBI defers acquisition finance implementation by three months
The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following stakeholder feedback.
The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following stakeholder feedback.
The central bank stated that it has also revised the "Amendment Directions on Capital Market Exposures" framework, first announced on February 13.
The RBI had come out with the guidelines after a consultative process, allowing domestic lenders to fund acquisitions.
