As of the March quarter, ICICI Bank held a 74.85 per cent stake in its broking arm
Read MoreEarlier, 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
Read MoreNilesh Shah, Managing Director, Kotak Mahindra Asset Management Company on the deft handling of the country’s economy by the RBI amid uncertainty
Read MoreThe 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
Read MoreA 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
Read MoreThe Price Band for the issue has been fixed from Rs 250 per equity share to Rs 265 per equity share
Read MoreThese changes have been implemented to facilitate the insurance industry in promoting insurance penetration
Read MoreFor policyholders, annual bonus for FY2023 is 37 per cent higher than the previous financial year
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