RBI through its Master Direction dated March 23, 2022, has brought various amendments related to ‘Classification, Valuation, and Operation of Investment Portfolio of Commercial Banks (Directions), 2021’.
The Master Direction outlines the prudential treatment for investment in Venture Capital Funds (VCFs) and the applicability of these instructions for investment in Alternative Investment Funds (AIFs).
This circular is applicable to all Commercial Banks (excluding Regional Rural Banks).
Link to access Master Direction:-
https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12153
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