IRFC and other companies set August 22 as the record date for dividends, making today the final day for shareholders to qualify. IRFC declared a final dividend of Rs 0.70 per share and earlier offered an interim dividend for a total of Rs 1.50 per share for FY 2023-24.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an