Bollywood stars, Ashish Kacholia-backed Sri Lotus Developers files for Rs 792-cr IPO

December 26, 2024

Mumbai-based realty developer Sri Lotus Developers and Realty has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise Rs 792 crore through Initial Public Offering (IPO).

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RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore

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RBI eases restrictions on cash credit accounts, eases current account norms

The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

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