As of the March quarter, ICICI Bank held a 74.85 per cent stake in its broking arm
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Earlier, RBI announced that India will start withdrawing its highest-value currency notes from circulation, in a move that economists said could boost bank deposits at a time of high credit growth
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Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company on the deft handling of the country’s economy by the RBI amid uncertainty
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The fundraising is set up to align with the anticipated generation of cash flow and lower total costs, which is in line with RIPL's improving financial profile
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A consistent decline in inflation (currently at an 18-month low) and its potential for further decline may have prompted the central bank to put the brake on the key interest rate again
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The Price Band for the issue has been fixed from Rs 250 per equity share to Rs 265 per equity share
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These changes have been implemented to facilitate the insurance industry in promoting insurance penetration
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For policyholders, annual bonus for FY2023 is 37 per cent higher than the previous financial year
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