Abrdn informed HDFC AMC of its plan to sell its entire stake in December 2022.
Choice Group has been operating actively in Kerala for over 29 years.
Nirmal Lifestyle Developers’ Rs 790-crore debt is the largest loan available for sale.
The company envisions that the new app will help in expanding its digital business.
The said debt issue is part of the fundraising plan worth Rs 57,000 crore approved by HDFC.
The fundraising will take place through a private placement in one or more tranches.
Google Pay, a UPI-based payment app, like most payment apps, only accepts debit card payments.
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
It has tied up with many banks to increase RuPay credit cards usage.
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