Bajaj Finance shares are set to trade ex-split and ex-bonus. This follows the company’s recent corporate actions. Investors who held the stock by June 13 are eligible. They will receive split shares and bonus shares. The stock split ratio is 1:2. The bonus share ratio is 4:1. The record date for eligibility is June 16.
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.