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Essars $ 1 billion bond issue under RBI scanner ----report. RBI told them not to accept any money from the investors. What according to you is the reason for this?

Asked by Good Citizen, 06 Nov '09 11:53 am
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Its due to the fact that the receivables offered by the company as collateralits put option to sell a part of its 33% stake in Vodafone Essarhas also not gone down well with the regulator(RBI)!!
Answered by dharamender nebhnani, 06 Nov '09 03:54 pm

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