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RBI panel calls for strong corporate governance in CICs
By Indo Asian News Service | New Delhi
UPDATED ON NOV 07, 2019 07:19 AM IST
Core investment companies are non-banking financial companies (NBFCs) that hold not less than 90% of their net assets in the form of investment in equity shares, preference shares, bonds, debentures, debt or loans in group companies.
RBI panel defers reserves report for fourth time: Official
By Reuters | New Delhi
UPDATED ON JUN 24, 2019 01:52 PM IST
The six-member panel, headed by Former RBI Governor Bimal Jalan, which was originally supposed to submit the report in April, delayed it for the fourth time due to lack of consensus.