Digvijay Gaekwad from Florida-based Danny Gaekwad Developments & Investments has made a 17% higher competing offer for Religare shareholders. He is working with a team for compliance and protocol adherence. He believes his offer is fair and will benefit the shareholders, enhancing the company’s value. He has already communicated his plan through regulatory steps.
ATM withdrawals make SBI richer, other PSBs poorer
State Bank of India earned Rs 331 crore from ATM cash withdrawals in 2023-24, while other state-owned banks collectively lost Rs 925 crore. SBI dominates