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RBI decision to hold rates was expected, but the focus was always on monetary stance and GDP growth estimates.
A broad-based easing in core inflation certainly points towards past monetary actions yielding desired results.
Alok Industries has engaged into facility agreements with SBI for a term loan of Rs 1,750 crore for the repayment of previous bank loans as part of financial restructuring, according to a regulatory filing.
This follows a recent increase in the capital requirements for banks and non-bank lenders to cover potential defaults when granting personal loans by the Reserve Bank of India.
The move follows Warburg Pincus' complete exit from Computer Age Management Services Ltd (CAMS) earlier this week.
Norges Bank has acquired 0.77% of Honasa Consumer on behalf of The Government Pension Fund Global.
The issue price for the QIP is expected to be set at a discount to the Securities and Exchange Board of India (SEBI) floor price
Sumant Sinha established ReNew, which has a sustainable energy portfolio of 13.8 gigatonnes (GW) as of September 30, 2023.
IDBI trusteeship claimed at the NCLT that it is the debenture trustee of 425 debentures issued by Essel Infraprojects.
The RBI previously mandated bank founders to decrease their shareholding to 15%.