About 75% of the offer is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NII) and the rest 10% for retail investors, who can bid for a minimum of 600 shares in one lot and in multiples thereafter.
U.S. stocks dropped, with the Nasdaq losing over 1%, as investors grew cautious after Iran fired missiles at Israel. Energy and defense stocks rose, while
The issues highlighted by RBI include improper valuation, breaches of loan-to-value (LTV) ratios, and inadequate governance in partnerships with fintech entities, said Shrikant Chouhan, head
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