……..Also, the Reserve Bank of India (RBI) had previously rejected the proposal to reduce margin requirement from the existing limit of 50 per cent. This would imply that half the assets of the new AMC would have to be kept free, which may cut loans to roughly Rs 15,000 crore. The ministry has since reportedly been in consultation with the RBI to relax rules regarding margins and interest rates. It is not clear if the central bank has agreed to any of these proposals………
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