It may be recalled that RBI in its notification dated on 19 May 2023 announced the withdrawal of Rs 2000 notes from circulation.
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The funds obtained through this strategic financial move will be utilised to support the company's ongoing capital expenditure initiatives in Bharuch, Gujarat
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The decision underscores the company's commitment to maintaining a strong balance sheet
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While Manish Jain has joined as the country head of wholesale banking, Pankaj Sharma has assumed the role of chief strategy and transformation officer at Yes Bank, India
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While the regulator has sent show cause notices to a few MFs recently, it will be sending more in the coming months, sources
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ICICI Lombard has indicated that it will respond to the show cause notice within the specified timelines, seeking guidance from its advisors
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This move aims to address the increasing demand for longer-term securities from the nation's life insurance and pension fund sectors
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Banks are required to assign representatives who will provide doorstep assistance to bedridden and hospitalised pensioners in submitting their life certificates
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