TwitCount Button
28 C
Mumbai
Wednesday, October 21, 2020

NBFCs under North Block scanner for anti-money laundering law breach

Must Read

Liverpool transfer news LIVE: Legend thinks Reds could swoop for Sancho, twist in Thiago saga, Wijnaldum ‘close’ to Barcelona move?

GOSSIP Live Blog By talkSPORT 29th September 2020, 7:27 pm Updated: 29th September 2020, 7:27 pm Premier League champions Liverpool have made a formidable start to the campaign – winning their opening three matches. Thiago Alcantara’s arrival from Bayern Munich makes a big statement that Liverpool are not willing to rest on their laurels, while…

‘The Rock’ Dwayne Johnson, wife and kids tested positive for the coronavirus

You don't have permission to access "http://www.indiatoday.in/movies/celebrities/story/-the-rock-dwayne-johnson-wife-kids-tested-positive-coronavirus-1718042-2020-09-03?" on this server. Reference #18.ab3c3117.1603273787.60fb963

Unable to pay medical bills, Agra couple ‘sells’ newborn to hospital

You don't have permission to access "http://www.indiatoday.in/india/story/unable-to-pay-medical-bills-agra-couple-sells-newborn-hospital-1718048-2020-09-03?" on this server. Reference #18.c33c3117.1603273757.21108e6
A Hyderabad-based mostly infra neighborhood, a Mumbai-based mostly NBFC backed by a number one pharma firm, and an NBFC owned by a Kolkata-based mostly steel firm are among the many entities served with these notices, these sources quick ET.

Synopsis

Two folk with mumble files of the subject quick ET that below scrutiny are NBFCs build up by gigantic family industrial groups, primarily to cater to the debt desires of their neighborhood companies and linked events.

Mumbai: Transactions primarily difficult linked events at family-owned non-bank lenders fill attain below the scanner of North Block, with a central department sending notices to about half of a dozen such entities now not too prolonged ago for alleged breach of anti-money laundering rules.Two folk with mumble files of the subject quick ET that below scrutiny are NBFCs build up by gigantic family industrial groups, primarily to cater to the debt desires of their neighborhood

BY

ET Bureau

4 minutes read, Final Updated:

  • GIFT ARTICLE
  • FONT SIZE

    AbcMinute

    AbcMedium

    AbcSuccessfully-organized

  • SAVE
  • COMMENT

To Be taught the Stout Story, Turn out to be an ET Prime Member

Assign as a lot as read the pudgy article

You’ve obtained this Prime Story as a Free Reward

Safe admission to the current Economic Cases experiences, Editorial and Knowledgeable belief

Already a Member? Assign In now

Why ?

  • Intelligent Insight-rich, Indepth experiences for the duration of 20+ sectors

  • Safe admission to the current Economic Cases experiences, Editorial and Knowledgeable belief

  • Dapper skills with
    Minimal Ads

  • Commentary & Take with ET Prime neighborhood

  • Recurring invitations to Digital Events with Industry Leaders

  • A trusted crew of Journalists & Analysts who can finest filter signal from noise

news image

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

With spike of 83,341 new cases, India’s coronavirus tally crosses 39-lakh mark

You don't have permission to access "http://www.indiatoday.in/india/story/coronavirus-vaccine-83341-covid19-new-cases-spike-india-tally-39-lakh-1718453-2020-09-04?" on this server. Reference #18.be3c3117.1603273715.425fef

US Open 2020: Andy Murray suffers shock loss vs Felix Auger-Aliassime in Round 2

You don't have permission to access "http://www.indiatoday.in/sports/tennis/story/us-open-2020-felix-auger-aliassime-knocks-out-andy-murray-round-2-1718445-2020-09-04?" on this server. Reference #18.be3c3117.1603273729.42977b

Unable to pay medical bills, Agra couple ‘sells’ newborn to hospital

You don't have permission to access "http://www.indiatoday.in/india/story/unable-to-pay-medical-bills-agra-couple-sells-newborn-hospital-1718048-2020-09-03?" on this server. Reference #18.c33c3117.1603273757.21108e6

‘The Rock’ Dwayne Johnson, wife and kids tested positive for the coronavirus

You don't have permission to access "http://www.indiatoday.in/movies/celebrities/story/-the-rock-dwayne-johnson-wife-kids-tested-positive-coronavirus-1718042-2020-09-03?" on this server. Reference #18.ab3c3117.1603273787.60fb963

More Articles Like This