The 110 accounts the bank had put up for sale in the first week of January include SME accounts and some home loans from individual borrowers. JC Flowers’ offer envisages an 84% haircut for the Mumbai-based cooperative bank.
Fragile US-Iran talks: Gold rises to Rs 1.53 lakh; silver jumps nearly Rs 10,000. What’s next?
Gold and silver prices surged in India, tracking global trends, weaker dollar, and US-Iran dialogue hopes. Gold rose 1% while silver jumped 4%, amid thin