ICICI Prudential Life Insurance plans to raise ₹1,200 crore via subordinated debt, exercising a call option on an existing issue due in November 2025. The insurer’s solvency ratio, currently 213.2%, will remain comfortably above the regulatory 150% threshold even after this move.
IRFC shares fall 2% as OFS worth Rs 2,212 crore opens for retail investors today. Here’s all you need to know
Indian Railway Finance Corporation (IRFC) shares dipped as the government initiated an Offer for Sale (OFS), aiming to divest nearly 2% stake. The OFS, priced