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SC allows Sahara to seek loan from abroad; RBI nod needed

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Ssahara chief Subrata Roy
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SC has allowed Sahara Group to go ahead with its proposed loan transaction from abroad for raising funds to ensure release of Subrata Roy from jail. 

Sahara Group will have to seek permission from RBI for transfer of money to India from abroad. 

Also read: Money for Subrata Roy's bail to enter India only after RBI clearance, directs Supreme Court

 

 

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