RBI proposes to relax AIF investment rules for regulated entities

RBI proposed to relax rules for regulated entities (RE) investing in Alternate Investment Funds (AIFs), following its 2023 restrictions aimed at financial discipline. The proposal suggests capping a single RE's contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a scheme. RBI may exempt certain AIFs, in consultation with government.