Master Direction – Core Investment Companies (Reserve Bank) Directions, 2016 (Updated as on May 05, 2025)
The Master Direction – Core Investment Companies (Reserve Bank) Directions, 2016 (updated as on May 05, 2025) provides a regulatory framework for Core Investment Companies (CICs) in India. It outlines guidelines on registration requirements, capital adequacy, corporate governance, and permissible investments to ensure financial stability and effective supervision of CICs.