The Reserve Bank of India (RBI) has set up a working group to review the regulatory and supervisory framework for core investment companies (CIC).
About:
Mandate: To examine the current regulatory framework for core investment companies (CICs) in terms of adequacy, efficacy and effectiveness and suggest changes.
Chairman: The group will be headed by Tapan Ray, non-executive chairman, Central Bank of India and former Secretary in the Ministry of Corporate Affairs.
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