NSE hires 20 merchant bankers, 8 law firms for IPO
The National Stock Exchange of India has appointed 20 merchant bankers and eight law firms for its upcoming initial public offering (IPO). The IPO will be an offer for sale, with existing shareholders expected to offload approximately 4-4.5% of the exchange’s equity. NSE is currently valued at around ₹5 lakh crore in the unlisted market.
Sebi to ease transmission process after investor’s demise
Sebi is proposing easier ways for legal heirs to claim securities. The regulator wants to simplify paperwork and procedures when an investor passes away. Higher limits for simplified documentation are suggested. Straight-through processing will be introduced for small claims. This aims to speed up the return of assets to survivors. The market has grown, and […]
New LCR norms could help banks expand credit by 7%
New banking rules starting April 1 will empower lenders to boost credit by an estimated 7 percent. Banks can now use their existing liquidity for loans, increasing lending capacity. This shift is expected to benefit public sector banks significantly. Analysts believe this will ease concerns about lending growth constraints. Credit expansion may soon outpace deposit […]
India with its strong push toward urbanisation, green energy plays to our strengths, says La Caisse CEO Emond
Canada’s 2nd largest pension fund, also the largest institutional investor in infrastructure globally, looks to deploy about $3 bn in next 4-5 yrs.
Bandhan Financial looks to give long-term investors an exit
Bandhan Financial Services is looking at ways for its investors to exit. The company has hired an investment banker to explore options. This move aligns with regulatory requirements for Bandhan Bank. The promoter’s stake needs to be reduced. Options include selling shares to private equity funds or an initial public offer. The company’s performance is […]
D-Street slips 1% to 11-month low, and it’s not done falling yet
Indian stock markets plunged to an 11-month low on Thursday, with the Nifty and Sensex dropping around 1% each. Surging crude oil prices, driven by US-Iran conflict fears, spooked investors, mirroring past market downturns. Analysts warn of continued volatility and potential further declines until oil prices stabilize, though a rebound is possible in oversold conditions.