Sebi has simplified the process of transferring securities from nominees to legal heirs by introducing a standard reason code ‘TLH’. Effective January 1, 2026, this ensures exemption clarity under Section 47 of the Income Tax Act.
IDBI Bank Q2 results: Net profit tanks 39% YoY to Rs 2,205 crore; NII dips 49% YoY
IDBI Bank reported a 39% year-on-year profit decline to Rs 2,205 crore in Q2 FY27, impacted by a one-off gain in the previous year. Excluding