The initial issuance size is Rs 1,000 crore, with an option to retain oversubscriptions up to Rs 4,000 crore, bringing the total aggregate issuance to Rs 5,000 crore
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The fines by the ECB would be compounded every day and can be equivalent to 5 per cent of their daily average revenue
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The AIBEA has declared multiple strikes throughout December 2023, advocating for increased recruitment and opposing the outsourcing of permanent positions
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This decision is in line with the bank's broader strategy to shut down nearly one-third of its branches by the next year due to a continuous decline in in-person visits
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The reserve price, set at 60 per cent of the outstanding Rs 457 crore as of 30 September 2023, is divided equally between cash and security receipts
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According to data from the Reserve Bank of India (RBI), the liquidity deficit stood at around Rs 1.74 lakh crore, marking a significant increase from the Rs 1.05 lakh crore deficit the previous day
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This adjustment is attributed to the Reserve Bank of India's (RBI) circular, which increased the risk weights for consumer consumption loans
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Designated as a non-executive independent director, her tenure spans three years starting from 20 November 2023
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