The Reserve Bank of India has revised its guidelines for Infrastructure Debt Fund-NBFCs (IDF-NBFCs) to enable them to play a greater role in financing the infrastructure sector as well as to harmonise the regulations governing financing of the infrastructure sector. IDF-NBFCs will now be required to have a minimum net owned fund of Rs 300 crore and a minimum capital-to-risk-weighted assets ratio of 15%. The requirement of a sponsor for an IDF-NBFC has now been withdrawn and shareholders of IDF-NBFCs would be subjected to scrutiny as applicable to other NBFCs.from Banking/Finance-Industry-Economic Times https://ift.tt/muz3jiY
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