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The judge ruled that “Financing”, as per the 2019 letter to engage the services of then Anshu Jain-led Cantor Fitzgerald, could not include Yes Bank s July 2020 FPO, but was instead restricted to private offerings. ....
The latest development comes six months after the regulator did the same with the city-based cooperative lender PMC Bank after a large scam was unearthed. ....