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RBI Warns ARCs Over Evergreening Distressed Assets

The RBI Deputy Governor urged ARC chiefs to adopt a regulation-plus approach where you not only comply with the letter of the regulation but also its spirit.

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FIIs Offload Over Rs 24,000 Crore In Indian Equities In May

Apart from India, FIIs have withdrawn $700 million from Indonesia, $415 million from Vietnam, $210 million from Thailand, and $58 million from the Philippines.

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