Karur Vysya Bank rewarded shareholders with a 1:5 bonus issue. The bank fixed August 26 as the record date for bonus share eligibility. Investors holding shares on that date qualified. This move reflected confidence and enhanced shareholder value. Bonus issues increased outstanding shares but reduced the stock price. Karur Vysya Bank shares closed flat at Rs 258.25 on the BSE.
RBI draft for upper layer non-banks affects CICs disproportionately, raises compliances costs
New Reserve Bank draft on upper layer non-bank finance companies disproportionately impacts core investment companies by increasing compliance costs. Mandatory listing requirements could prove onerous
April 20, 2026