The fundraising suggests a likely return of investor confidence in the bank after the Reserve Bank of India on Saturday said the private lender has sufficient capital despite a likely hit on its net worth.
Markets regulator Sebi on Monday imposed a penalty of Rs 3 lakh on Motilal Oswal Financial Services Ltd for violating stock brokers’ norms.
Investors in SGB 2017-18 Series X earned a 225% return on premature redemption, receiving ₹9,630 per gram against the issue price of ₹2,961. The gain
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