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NewsSSESSMENTS: India Central Bank Acts Against Two Edelweiss Group Companies for 'Evergreening' Loans

Author: SSESSMENTS

India's central bank on Wednesday barred two Edelweiss Group companies from acquiring financial assets or undertaking structured transactions, saying they engaged in "evergreening" distressed loans. Evergreening refers to a practice ...

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Published on May 30, 2024 11:32 AM (GMT+8)
Last Updated on May 30, 2024 11:32 AM (GMT+8)