RBI says no to Mauritius-based investments in NBFCs: Here's what it means-March 2024-www.financetom.com

RBI says no to Mauritius-based investments in NBFCs: Here's what it means

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RBI says no to Mauritius-based investments in NBFCs: Here's what it means

Oct 7, 2020 7:32 AM

The Reserve Bank of India (RBI) has reportedly written a letter to private-equity (PE) and venture-capital (VC) companies banning investments from Mauritius-based companies.

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In an interview with CNBC-TV18, Siddarth Pai, Founding Partner, 3ONE4 Capital and Co-Chair Regulatory Affairs Committee at Indian Private Equity and Venture Capital Association, explains the rationale behind the move and what it means for the NBFC sector.

Watch video for more.

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