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RBI to Sun, Rustomjee: End PE pact or resort to compounding

There is a new twist in the ongoing battle between Mumbai-based developer Rustomjee and private equity player Sun Apollo. According to sources, the RBI has intervened in the case and stated that both parties have violated ECB guidelines.

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Ecb Guidelines

RBI to Sun, Rustomjee: End PE pact or resort to compounding