Hours after a case was registered against its top officials for allegedly abetting the suicide of Bollywood art director Nitin Desai, Edelweiss ARC on Friday denied that it had put pressure on him for repaying loans. Stating that it followed all legal processes mandated by the RBI, the Asset Reconstruction Company also clarified… Continue reading No undue pressure exerted on Desai, interest rate not excessive: Edelweiss
Tag: Edelweiss
Will cooperate with authorities probing Desai death: Edelweiss ARC
Edelweiss Asset Reconstruction Company on Thursday promised full cooperation with authorities investigating the death of noted art director Nitin Desai. The financial services company, which had successfully initiated insolvency proceedings against Desai’s company ND Art World just last week, said it is committed to the legal process. “We are committed to fully… Continue reading Will cooperate with authorities probing Desai death: Edelweiss ARC