After the recent deal on Friday, SoftBank is anticipated to retain 83.23 Lakh shares in PB Fintech
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The liquidity in the economy has been largely in deficit mode in the current quarter. The RBI infused Rs 38,774 crore on Wednesday
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This auction, the first in six months, aims to alleviate liquidity strain triggered by recent bank outflows due to advance tax and GST payments
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In a BSE filing, the fintech firm stated that the visits occurred on 13-14 December, focusing on specific vendors associated with Paisabazaar
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Additionally, the government, in collaboration with RBI, plans to offer a discount of Rs 50 per gram for online applicants using digital payment methods, setting the issue price at Rs 6,149 per gram for these investors
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Presently, the bank's SME portfolio stands at around Rs 2,377 crore, accounting for approximately 11 per cent of the total loan book
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The company's board, during its recent meeting, greenlit the pursuit of additional business activities involving soliciting and procuring insurance across life, health and general sectors, catering to both group and individual schemes
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The decision by SBI to elevate MCLR aligns with the Reserve Bank of India's recent choice to maintain the repo rate at 6.5 per cent in its latest monetary policy
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