$10 billion forex swap: Banking system may enter small surplus amid liquidity infusion
Additionally, upcoming government expenditure could further boost liquidity, potentially pushing the banking system into a surplus.
Read MoreAdditionally, upcoming government expenditure could further boost liquidity, potentially pushing the banking system into a surplus.
Read MoreM Pallonji Group, alongside Divya Sehgal of True North, seeks IRDAI approval to establish a general insurance company with a 51% majority stake. If approved, Federal Bank and family offices will invest. The venture aims for ₹200 crore initial investment.…
Read MorePrivate equity investor Blackstone has withdrawn from acquiring a minority stake in India’s Haldiram’s snacks business due to valuation disagreements. Blackstone sought a 15% stake with a $8 billion valuation, while Haldiram’s desired $10 billion. Rival bidder Temasek remains interested.…
Read MorePoonawalla FinCorp faced an inspection by the State Tax officer under Section 67 of the CGST Act, 2017, concerning its records and operations. The company assured full cooperation with authorities and reiterated its commitment to high governance standards and regulatory…
Read MoreThe dollar fell to a three-month low on Tuesday as concerns about slowing growth and the impact from tariffs on the U.S. economy outweighed any potential boost from the ramping up of levies on Canada, Mexico and China.
Read MoreINDIA-PROPERTY-India home prices to climb faster than inflation this year, rents even more:poll
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