RBI puts curbs on 2 Edelweiss companies

RBI has imposed restrictions on ECL Finance and EARCL, companies of the Edelweiss group, for 'evergreening' stressed loans, where lenders extend credit to borrowers unable to repay existing loans.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/12Z5eir
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