Government likely to get financial bids for IDBI Bank sale by September, DIPAM Secy says
Financial bids for IDBI Bank's strategic sale is expected to be received by the government in September, said DIPAM Secretary ...
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RBI says 10 NBFCs surrender registration certificates
The Reserve Bank of India on Wednesday said 10 NBFCs and one asset reconstruction company have surrendered their registration certificates. ...
Read moreIDBI Bank divestment process to complete in FY24: DIPAM Secy
The divestment process of IDBI Bank will complete in the fiscal year 2023-24, Department of Investment and Public Asset Management ...
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RBI may hike rates in 2023, but bank deposit rates have peaked, say experts
Bank deposit rates may be close to their peaks, with possibilities of further increases likely limited only to select tenures, ...
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Indian Bank to hold vostro A/cs of 3 Sri Lankan banks
Indian Bank, which has had a long presence in Sri Lanka, has received the regulatory go ahead to hold special ...
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NCLAT lets RP Act on Nirmal Lifestyle arm case
The National Company Law Appellate Tribunal (NCLAT) has allowed the resolution professional to form a committee of creditors (CoC) of ...
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Torrent bids ₹8,640 cr upfront for Reliance Capital
Torrent Investments on Friday proposed to pay its entire bid of ₹8,640 crore upfront for acquiring Anil Ambani-promoted Reliance Capital, ...
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Reserve Bank of India puts on hold NUE licensing
The Reserve Bank of India (RBI) is said to have put on hold licensing of the New Umbrella Entity (NUE) ...
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Indian small finance banks cheer easing bad loan ratio
Ujjivan Small Finance Bank said its gross non-performing assets ratio stood at 3.3% at the end of December 2022 as ...
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Fresh KYC process can be done through video, says RBI
The Reserve Bank of India has released fresh guidelines for the know your customer (KYC) processes that allow for them ...
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