December 19, 2024
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Edelweiss Group

RBI lifts restrictions on Edelweiss

RBI Lifts Restrictions on Edelweiss Group: A Major Step for Financial Stability

Prateek013 mins

RBI Lifts Restrictions on Edelweiss Group’s ECL Finance and ARC Introduction: RBI’s Decision to Lift Restrictions In a significant development, the Reserve Bank of India (RBI) has decided to lift the restrictions on two prominent entities of the Edelweiss Group—ECL Finance Ltd and Edelweiss Asset Reconstruction Company (ARC). This decision follows a long period of…

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RBI business restrictions Edelweiss Group

RBI Imposes Business Restrictions on Edelweiss Group: Regulatory Scrutiny and Investor Confidence

Prateek08 mins

RBI Imposes Business Restrictions on Edelweiss Group Overview of RBI’s Action The Reserve Bank of India (RBI) has imposed significant business restrictions on Edelweiss Group’s lending and asset reconstruction entities. This move aims to address concerns related to loan manipulation and structured transactions that allegedly circumvented regulatory norms. Edelweiss Asset Reconstruction Company Ltd (EARCL) and…

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