Banking · RBI Draft Directions
Consider the following statements regarding the RBI's Revised Draft Directions on Investment by Regulated Entities (REs) in Alternative Investment Funds (AIFs): 1. A single Regulated Entity (RE) is permitted to invest up to 15% of the corpus of an AIF scheme. 2. Collective investment by all REs in one AIF scheme must not exceed 15% of its corpus. 3. No restrictions apply if the RE's investment remains up to 5% of the AIF corpus. 4. A 100% provisioning requirement applies if a RE's exposure exceeds 5% and the AIF has downstream debt exposure in the RE's debtor company. 5. The directions are retrospective and apply to existing investments by REs. Which of the statements given above are correct?
- 12, 3, and 4 only✓
- 21, 3, and 5 only
- 31 and 4 only
- 42, 4, and 5 only
Correct answer
2, 3, and 4 only
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