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The RBI's instruction takes effect at the close of business on October 21, the central bank said in a statement on Thursday.

With accounts located in more than 99.3% of India's pin codes, NSDL continues to have a commanding 86% market share.

The announcement stated that RSIIL's order book has now exceeded Rs 10,000 crore with this latest addition to its portfolio.

At the time of writing at 1:06 pm, Sensex rose by 238.54 points (0.28%) to reach 81,236, while Nifty increased by 82.05 points (0.33%) to 24,831.

The latest decrease was necessary after the government allowed ONGC to use additional output from its legacy gas assets for petrochemical manufacture.

In the reporting quarter, the EBITDA margin was 15.5%, down from 20.5% in the same period last fiscal year.

The agreements were made for two hybrid projects, each with a capacity of 600 MW, for a total of 1,200 MW.

At a press conference following the results, Jindal stated, "We will be able to push even more volumes into Canada if this duty comes on China."

The IPO includes a fresh issue of shares worth ₹325 Crore and an offer-for-sale (OFS) of 65.26 lakh equity shares by promoters and shareholders.

The gross non-performing asset (GNPA) ratio was 2.72% in the September quarter, compared to 2.89% in the June quarter.