Consider the following statements about the RBI's actions against the Edelweiss Group entities:
- The RBI has imposed stringent business restrictions on ECL Finance and Edelweiss Asset Reconstruction Company (EARCL) due to supervisory concerns.
- ECL Finance must cease and desist from engaging in any structured transactions involving wholesale exposures except for the repayment or closure of accounts in the normal course of business.
- The RBI has directed both companies to stop all business operations until further notice.
Which of the statements given above are correct?
1
1 only
2
1 and 2 only
3
2 and 3 only
4
1 and 3 only
5
1, 2, and 3