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RBI exposes a dirty NBFC secret!!!

Finshots Daily

The RBI's Crackdown on Evergreening and the Role of AIFs

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This chapter explores the RBI's efforts to tackle the unethical practice of Evergreen, where loans are classified as non-performing assets. It also discusses alternative investment funds (AIFs) and their role in saving struggling businesses, while acknowledging the risks and loopholes involved.

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