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RBI directs payment aggregators to undertake due diligence of merchants on boarded

By Economic Times - 6 months ago
The Delhi High Court has ordered a consortium of 13 lenders, including Punjab National Bank, to upgrade Jindal India Thermal Power's non-performing asset status to standard. The order was passed after Jindal India filed a complaint with the court, claiming that lenders had refused to release its pledged shares.

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