Uflex, Spectra Systems Bid for RBI Polymer Banknote Tender
Uflex & US-based Spectra Systems bid to supply plastic film for RBI’s polymer banknote trial as RBI evaluates suppliers, PTI reports. Uflex did not reply...
Tag : RBI
Kotak Mahindra Bank Rallies 4% as RBI Backs Anup Saha as CEO
Kotak Mahindra Bank shares hit a day high of Rs 432.30 on 1 October, up 4%, after the RBI approved Anup Kumar Saha as the...
Tata Steel Infuses Rs 3,260 Cr in Singapore Arm
Tata Steel invested ₹3,260 crore ($340 million) into its wholly owned Singapore arm T Steel Holdings, per its September 29 exchange filing. Tata Steel Limited...
Vascon Engineers Jumps 14% on Rs 660 Cr Qualcomm Order
Vascon Engineers jumped as much as 14% on Friday, hitting a day high of Rs 38, after bagging a Rs 660.79 crore order from Qualcomm...
RBI Eases KYC Norms for FPIs at Co-operative Banks
RBI expanded KYC document options for FPIs banking with rural and urban co-operative banks, permitting overseas-certified copies. Until now, when an FPI wanted to complete...
Afcons Infrastructure Falls on Tata Sons Buyback News
Afcons Infrastructure shares fell to a day low of Rs 257.50 after Tata Trusts proposed a buyback of the SP Group’s Tata Sons stake. The...
AU SFB Vehicle Loan Book Crosses Rs 50,000 Crore
AU Small Finance Bank’s vehicle loan AUM crossed Rs 50,000 crore, growing at a 26% 3-year CAGR and serving 13.7 lakh customers. This makes vehicle...
RBI Proposes 60-Day Cap on Money Mule Account Freezes
RBI proposes a 60-day cap on temporary debit holds for bank accounts suspected of money mule activity or cyber fraud. The draft rule is part...
RBL Bank Shares Jump Over 5% On Strong FCNR Deposits
RBL Bank shares jumped over 5% on Thursday, hitting a fresh 52-week high of Rs 409.65, on news of the bank’s strong dollar deposit mobilisation....
ICICI Bank Raises $17.88 Bn Under RBI’s FCNR(B) Swap Window
ICICI Bank mobilised $17.88 billion via FCNR(B) deposits under RBI’s swap facility, deploying part via overseas loans and bond sales. That works out to roughly...