Revision of Limit for a Bank’s Exposure to a Single NBFC under the Large Exposures Framework

RBI on September 12, 2019 increased the limit for a bank’s exposure to a single Non-Banking Financial Company (excluding gold loan companies) under the ‘Large Exposures Framework’ to 20% of that bank’s eligible capital base from the existing limit of 15% of that bank’s eligible capital base.

Published In:Inter Alia - Quarterly Edition - September 2019 [ English
Date: September 30, 2019