Bain Capital sold 8.82 crore shares of the company through its affiliates BC Asia Investment VI and BC Asia Growth Investment. For sometime, it has been planning a complete exit from L&T Finance by selling its existing stake.
The Supreme Court confirmed the decision of the Bombay High Court regarding Yes Bank’s AT1 bonds. This ruling impacts ₹8,415 crore in bonds written off
Reserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to banks engaging in market-making
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