As per the RBI letter, once PPSL obtains approval from the GoI, it will have a 15-day window to submit an application.
HDFC is currently assessing the offer and is anticipated to make a decision within the next few weeks.
HSBC along with some other banks to buy the bonds.
Kalpataru has completed 110 real estate projects till now.
At the end of January, credit card outstanding in India stood at Rs 1,86,783 crore.
MMFSL has partnered with Car&Bike and Rupyy for these loans.
Torrent was the highest bidder in the previous round of the auction, which ended on December 21, offering Reliance Capital an upfront payment of Rs8,640 crore.
Incidentally, the Union Budget (on paper) has been rather positive for the capital markets, although that cannot be judged by short term sentiments.
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