The Reserve Bank of India has permitted banks to swap dollars more than once weekly. This change aids banks in managing large inflows before a deposit scheme deadline. The special deposit scheme has attracted over sixty-five billion dollars so far.…
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Sebi proposed exempting small-value debt issues from merchant banker appointments. This aims to reduce compliance costs and boost market development for listed entities. Issuers must meet specific conditions, including being regulated and listed for one year. They also need an…
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Paramotor Digital Technology Ltd has secured Sebi approval for its initial public offering. The fintech firm confidentially filed draft papers with the markets regulator earlier. Sebi’s final observation was obtained on August 25, marking a key step. The company operates…
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NABARD and NaBFID have joined forces through an initial agreement aimed at enhancing collaboration in financing infrastructure projects with a focus on rural impact. This memorandum lays out a framework for collaborative funding and knowledge exchange. Target sectors include vital…
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Indian government bonds fell on Thursday, opening flat before succumbing to pressures from heavy debt supply despite declining oil prices. Policy meeting minutes hinted at possible interest rate hikes should inflation risks emerge more broadly. Meanwhile, Brent crude oil prices…
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Google Cloud has unveiled Gemini Enterprise for Legal, a groundbreaking AI solution tailored for law firms. Designed to streamline complex legal duties such as contract analysis and compliance checks, it integrates seamlessly with current legal systems, prioritizing data security and…
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