India has lifted a ban on a JPMorgan unit after allegations that it manipulated an index, according to people familiar with the matter. The decision allows the financial institution to resume activities that had been restricted during the investigation. Authorities have not publicly detailed the reasoning behind the reversal, and the sources spoke on condition of anonymity. The case highlights continuing scrutiny of index providers, financial institutions, and market practices as regulators seek to strengthen transparency and protect investors globally.
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