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The adjudicating authority under the Foreign Exchange Management Act has issued show-cause notices to Xiaomi Technology India Private Limited, the two executives, CITI Bank, HSBC Bank and Deutsche Bank AG, the agency said in a statement.
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https://economictimes.indiatimes.com/news/india/ed-issues-show-cause-notice-to-xiaomi-india-top-officials-3-banks/articleshow/100882034.cms
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