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Panama Papers: ED Seizes Over Rs 41-Crore Valued Prime Real Estate Of Zavareh Poonawalla

The Enforcement Directorate on Monday seized three properties at a prime location in Mumbai, valued at more than Rs 41 crore, as part of a foreign exchange violation probe against Zavareh Soli Poonawalla whose name figured in the Panama Papers.

RBI partially relaxes remittance transaction restrictions on SBM Bank (India)

The Reserve Bank of India (RBI) has partially relaxed the restrictions it had imposed on SBM Bank (India) Ltd to stop all transactions under the Liberalised Rem

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