The Securities and Exchange Board of India (Sebi) has granted a one-time extension for observation letters of public issue companies, valid until September 30, 2026. This move aims to ease fundraising pressures amid geopolitical tensions and market volatility, allowing companies to avoid regulatory duplication and recalibrate issuance plans.
Federal Bank to acquire 4.5 lakh Standard Chartered card portfolio
Federal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 cards. The acquisition will boost