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According to Sebi, the exposure of IL&FS, at the relevant times, was critical to the financial stability as its share in total exposure of banks to NBFC sector was fairly high.Cracking the whip for their “lethargic indifference”,…

There is no change in the SLBC/ UTLBC convenorship of other states and UTs, it added.The Reserve Bank on Thursday appointed Jammu & Kashmir Bank as the lead banker for the newly carved out union territory of Jammu and Kashmir. State…

The RBI further said it reserves the right to accept or reject any or all the bids or offers either wholly or partially without assigning any reasons.The Reserve Bank of India on Thursday announced simultaneous purchase and sale of…

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Hospitality company OYO led the deal value table with 1.5 billion dollar funding round raised from SoftBank.2019 was another good year for startups with respect to the amount of funding raised. Total 887 startups in 2019 got funded with…

Notably, Allahabad Bank had not featured in the list of banks who were approved a total fresh capital infusion of Rs 55,250 crore, as announced on August 30 by the government.State-owned Allahabad Bankon Thursday said it will get a…

Funds raised by Indian IPOs fell to just .8 billion this year, the lowest in four years, according to data from Refinitiv.Indian initial public offerings tumbled to a 4-year low by value in 2019 as the economy slowed, but some analysts…

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As per industry body Solar Power Developers Association (SPDA), as the year passed, the sector went through a real tough time.India is all set to cross the 100GW renewable energy capacity mark in 2020 and can make rapid strides towards…

With the concomitant reduction in provisioning requirements, bottom lines improved modestly after prolonged stress and the banking sector returned to profitability after a gap of two years in H1 FY20.After continued stringent efforts by…