The bank states that it intends to offer for sale up to 40 lakh equity shares it holds in NSDL through the IPO.
The strong response from buyers prompted the company to consider ramping up production.
Petrol and Diesel prices in cities across India on 10-07-2023
According to the filing, the board's approval will be subject to shareholder approval and any other regulatory approvals.
Securities having a "AA" grade are thought to have a high level of safety when it comes to prompt payment of debts. Credit risk is incredibly low with these products.
In 2020, Harley-Davidson stopped producing motorcycles in India.
The transaction is expected to close in the second quarter of the fiscal year 2023-24.
Investors with very high risk appetite and want to invest for 5 to 7 years in a mutual fund should invest in Bandhan Financial Services Fund.
The British development financier would make its second round investment in the Indian business if the talks on Mahindra Electric Automobile do result in a good conclusion.
Brent crude futures were down 22 cents, or 0.3%, to $78.25 per barrel, while U.S. West Texas Intermediate crude was down 29 cents, or 0.4%, to $73.57 per barrel.

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