Corporate and Commercial
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corporate_and_commercial
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/expertise/corporate-and-commercial
RBI amends CIC master directions – overhauls regulations for complex CIC structures
On 13 August 2020, the Reserve Bank of India (RBI) issued the “Review of Guidelines for Core Investment Companies” (Review Guidelines) incorporating majority of the recommendations from the report of the Working Group to Review the Regulatory and Supervisory Framework for Core Investment Companies (CICs) published on 6 November 2019 (Report).