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RBI imposes restrictions on Edelweiss Group entities over supervisory concerns

The regulator said supervisory examinations had revealed that ECL Finance and Edelweiss Asset Reconstruction Co. had engaged in a series of structured transactions aimed at evergreening the stressed exposures of ECL ....

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RBI Imposed Business Restrictions on ECL Finance, Edelweiss Asset Reconstruction Company; Details Here

The RBI has taken the action against ECL Finance Ltd and Edelweiss Asset Reconstruction Company Limited under the SARFAESI and the Reserve Bank of India Act, 1934, RBI Imposed Business Restrictions on ECL Finance, Edelweiss Asset Reconstruction Company; Details Here ....

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RBI imposes business restrictions on ECL Finance, Edelweiss ARC

The central bank has directed the ECL to cease and desist, with immediate effect, from undertaking any structured transactions in respect of its wholesale exposures, other than repayment and/or closure of accounts in its normal course of business. ....

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RBI imposes business restrictions on ECL Finance Limited, Edelweiss Asset Reconstruction Company Limited due to supervisory concerns

RBI imposes business restrictions on ECL Finance Limited, Edelweiss Asset Reconstruction Company Limited due to supervisory concerns
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