RBI revises Master Direction on Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021

The RBI vide circular dated March 23, 2022 has amended the Master Direction on Classification, Valuation and Operation of Investment Portfolio of Commercial Banks (Directions), 2021. It is provided that the investment in Category I and Category II Alternate lnvestment Funds, which includes Venture Capital Funds, shall receive the same prudential treatment as applicable for investment in Venture Capital Funds.

This circular is applicable to all Commercial Banks (excluding Regional Rural Banks).

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