RBI places new restrictions on banks' intra-group exposure limits

The Reserve Bank of India (RBI) placed some new restrictions on banks' group exposure limits, including the single intra-group exposure limit at 10 percent of paid-up capital for regulated entities and 5 percent for unregulated ones. It also placed an aggregate group exposure limit for intra-group transactions at 20 percent for all financial and non-financial entities in the group taken together and 10 percent for non-financial ...