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    RBI Defers Acquisition Finance Guidelines by Three Months

    Mumbai, March 30 The Reserve Bank of India on Monday deferred the implementation of acquisition finance guidelines by another three months to July 1 this year, following feedback from stakeholders.The central bank stated that it has also revised the "Amendment Directions on Capital Market...
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    Money Laundering Investigation Update: SGJHIL Case

    Kolkata, March 9 – The Enforcement Directorate (ED), Kolkata Zonal Office, has filed a supplementary charge sheet before the Special Court (PMLA) in Kolkata in connection with the ongoing money laundering investigation against Shree Ganesh Jewellery House (I) Ltd. (SGJHIL) and others under the...
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    New RBI Guidelines Expand Acquisition Financing Options

    Mumbai, February 13 The Reserve Bank on Friday issued the final guidelines on acquisition financing by banks, increasing the lending limit to up to 75 per cent of the deal value from the 70 per cent proposed in the draft rules.In amended directions governing commercial banks' credit...
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