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Rajesh Exports repays ₹510 crore dues to Canara Bank after DRT order

The Economic Times ·

Canara Bank recovered all dues totaling ₹510 crore from Rajesh Exports.

This recovery followed an order by a debt recovery tribunal.

The bank initiated this action after the company blocked other recovery attempts.

Rajesh Exports faced allegations of financial misrepresentation from SEBI.

The bank was the largest creditor for the gold and jewellery exporter.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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