Reliance Infrastructure approved raising Rs 3,014 crore through a preferential issue to promoter group companies and other investors. The company also seeks shareholder approval for a QIP of up to Rs 3,000 crore.
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,
Next year, Bajaj Finserv is paving the way for a dynamic foray into pensions and wealth management, setting the stage for a robust financial future.
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