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flag RBI lifts business restrictions on ECL Finance and Edelweiss ARC after remedial actions.

flag The Reserve Bank of India (RBI) has lifted business restrictions on ECL Finance and Edelweiss Asset Reconstruction Company (ARC), part of the Edelweiss Group. flag Restrictions were imposed in May due to concerns over their practices, including providing new loans to distressed borrowers. flag The companies addressed these concerns with remedial measures, leading to the RBI's decision to lift the restrictions.

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