|
Experts suggest Jana SFB and Ujjivan SFB may bypass the promoter ring-fencing requirement for universal bank licenses, unlike AU SFB. Jana already has a listed holding company, while Ujjivan is fully publicly held after a reverse merger. This transition offers benefits like reduced capital adequacy and priority sector lending targets, enhancing their branding and deposit mobilization.
Category:
News and Media
A series of attacks in Pakistan on Tuesday resulted in at least 25 fatalities. A suicide bombing at a Balochistan National Party rally in Quetta killed 14 and wounded dozens. Separately, five paramilitary personnel died near the Iranian border, and six soldiers were killed in a suicide attack on their base in Khyber Pakhtunkhwa, claimed by Ittehad-ul-Mujahideen Pakistan.
Category:
News and Media
Sebi is tightening intraday position limits in equity index derivatives starting October 1, aiming to curb volatility and potential market manipulation, especially on expiry days. The new framework sets a 5,000 crore intraday net futures-equivalent position limit in index options, down from the existing 1,500 crore end-of-day cap.
Category:
News and Media
All news |
||||||||||||||||||
|