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Delhi HC allows Swamy to withdraw petition

Swamy also said RBI has issued guidelines for licensing and operation of asset reconstruction companies, which must be followed by the latter. In some cases, partnerships between asset reconstruction companies and banks may require approval from both RBI and Securities and Exchange Board of India, he said in his application. In March, Swamy had filed a PIL n alleging that the transactions involving the transfer of the distressed asset portfolio lacked fairness, attempts to evade relevant laws, and did not serve the best interests of the public who have accounts with YES Bank.

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Moneycontrol Selects: Top stories this afternoon

Our specially curated package of the big stories to help you stay at the top of your game.

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Subhash Chandra signs agreement with JC Flowers to settle dues

Subhash Chandra signs agreement with JC Flowers to settle dues
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Axis Bank appoints former RBI Deputy Governor NS Vishwanathan as non-exec (part-time) chairman—know who he is

Axis Bank has appointed N S Vishwanathan as the Non-Executive (Part-time) Chairman for a period of three years, beginning October 27. Vishwanathan retired from RBI as Deputy Governor in 2020., Companies News, Times Now

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FRAUD alert! ED arrests promoters, ex-directors of a leading newspaper for money laundering | Details

ED latest news: The Enforcement Directorate (ED) on Wednesday reported that they had apprehended T. Venkattram Reddy and P. K. Iyer, the promoters and former directors of Deccan Chronicle Holdings Ltd (DCHL) in a bank fraud case. The law enforcement authority also announced that it had arrested the statutory auditor, Mani Oommen, in the same financial fraud issue., Companies News, Times Now

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RBI Rejects Akash Suri's Appointment As CEO Of JC Flowers Yes Bank ARC

Mumbai, June 14 (IANS) In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected

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RBI rejects Akash Suri's appointment as CEO of JC Flowers Yes Bank: Report

In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected the appointment of Akash Suri as the CEO of the JC Flowers Yes Bank ARC

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Setback to Yes Bank as RBI rejects appointment of Akash Suri as CEO of JC Flowers Yes Bank ARC

In July 2022, YES Bank forged a partnership with JCF ARC LLC and JC Flowers ARC Private Limited with the aim of selling a portfolio of stressed loans. The collaboration marked a significant step for the bank in addressing its identified stressed loan assets, Industry News, Times Now

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RBI rejects Akash Suri's appointment as CEO of JC Flowers Yes Bank ARC

In a major setback to Yes Bank, sources close to developments have revealed that the Reserve Bank of India (RBI) has rejected the appointment of Akash Suri as the CEO of the JC Flowers Yes Bank ARC.

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RBI rejects Akash Suris appointment as CEO of JC Flowers Yes Bank ARC

RBI rejects Akash Suris appointment as CEO of JC Flowers Yes Bank ARC
newkerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newkerala.com Daily Mail and Mail on Sunday newspapers.

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