IDBI Bank’s shares surged 7% to Rs 94 on BSE after RBI approved ‘fit and proper’ bidders ahead of Union Budget 2024. The bank, earmarked for privatization, awaited RBI’s nod for bidders meeting regulatory norms to progress in the privatization process.
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,
Markets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be physically present in India
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