Your financial life, one statement: RBI adds bank deposits to CAS soon
Demat account holders will get a consolidated view of investments and bank deposits from January 1, while RBI also plans interoperability among account aggregators
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RBI proposes relaxation in norms for investment in AIFs by banks, NBFCs
The RBI has proposed capping investment by regulated entities in AIF schemes at 15%, with a 10% ceiling per entity, while also allowing exemptions for strategic funds